Disney to Boost Content Spending by Up to $1 Billion This Quarter

For the current quarter, the company plans to up its spending on direct-to-consumer programming by between $800 million and $1 billion versus the comparable fiscal 2021 quarter, CFO Christine McCarthy said during Disney’s fiscal Q1 2022 earnings call Wednesday. On the linear network side, content spend is expected to go up by approximately $500 million.

Source: Disney to Boost Content Spending by Up to $1 Billion This Quarter