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Market Chatter: Walt Disney to Cut Spending on Disney+ Marketing
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Market Chatter: Walt Disney to Cut Spending on Disney+ Marketing
May 15, 2024 7:37 AM

10:07 AM EDT, 05/15/2024 (MT Newswires) -- Walt Disney ( DIS ) will cut marketing expenses for Disney+ in order to achieve profits in that business line by the end of the fiscal year, Bloomberg reported Wednesday, citing Chief Executive Bob Iger.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 102.80, Change: -2.55, Percent Change: -2.42

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