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Disney is expected to pay an impairment charge of $1.5 billion to $1.8 billion for the removals. Disney announced that it will pull out a number of shows from Disney+ and Hulu to reduce costs.
In a significant development, Disney has unveiled its plans to consolidate Hulu and Disney Plus into a single, integrated streaming app. The announcement
By Lisa Richwine and Dawn Chmielewski LOS ANGELES (Reuters) - Walt Disney Co reduced losses in its streaming media unit by more than $400 million from.