Disney Set To ‘Pretty Dramatically’ Cut Television Spending, Expects Slower Theme Park Growth

The Walt Disney corporation will be “pretty dramatically” cutting its spending on traditional television network as the company seeks to bolster its streaming services, chief executive Bob Iger said Wednesday.

Iger stated that traditional television networks, such as ABC and ESPN, will continue to serve as an important marketing tool for reaching older viewers. Still, the company is hoping t...

Continue reading this trending politics article: Disney Set To ‘Pretty Dramatically’ Cut Television Spending, Expects Slower Theme Park Growth
 

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