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Disney might license more original content to rival streaming services

By Cookie Monster - on 5 Feb 2023, 10:26pm

Disney might license more original content to rival streaming services

Some original content on Disney+ might appear on rival streaming services in the future.

Sources told Bloomberg that Disney is exploring a new strategy to monetise its content library by licensing its original shows and movies to rival media companies.

Disney executives are considering to sell more titles to rival media companies and currently in the process of shortlisting several titles. 

Pressure is growing for the company to cut losses as Disney reported its worst stock market results in decades. A reorganisation is said to be in the pipeline, which will result in staff layoffs. 

Source: Bloomberg

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