Disney to Spend $8 Billion-$9 Billion on Disney Plus Content in Fiscal 2024
Elaine Low Senior TV WriterPart razzle dazzle, part corporate flex, the Walt Disney Company’s four hour-long investor day presentation unleashed a torrent of announcements, including a slew of upcoming “Star Wars,” Marvel and Pixar series, and news that Disney Plus had surpassed 86 million subscribers.For fans, the message was clear: Make room in your wallets for a Disney streaming service, whether that’s Disney Plus, ESPN Plus, Hulu (now with more FX!), or for those outside of the U.S., Star and Star Plus.The conglomerate’s message to the rest of Hollywood? Disney’s position as a leading, global streaming service force will be, as “Avengers” villain Thanos put it, inevitable.As a clear mark of how much it intends to plow into its series