Iger's Streaming Reckoning

Bob Iger candidly addressed Disney's significant losses in the streaming sector, admitting that the aggressive expansion led to unsustainable practices and a staggering $4 billion deficit. He emphasized the need for quality over quantity, suggesting a shift away from the overwhelming volume of content that characterized recent years. Iger's reflections signal a critical turning point for Disney as it seeks to recalibrate its approach to storytelling.