Disney Will Spend $14B-$16B A Year On Streaming Content By 2024

Walt Disney said it will be forking out $14-$16 billion in content spending in fiscal 2024 on streaming services Disney+, Hulu and ESPN+ as it ramps up original series and films to the tune of 100 a year. Between $8-9 billion of that will go to Disney+, said CFO Christine McCarthy towards the end of marathon investor meeting Thursday.

Source: Disney Will Spend $14B-$16B A Year On Streaming Content By 2024; Says Disney+ Could Hit 260M Subs That Year

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