UPDATED: Disneys content culling from Disney+ and Hulu is coming as early as next week with the media company pulling off at least four dozen titles, including series Willow, The Mysterious Benedict Society and Dollface, and movies such as The One and Only Ivan.
At the same time, CEO Bob Igertold investors last week that the company expects to raise the price on the ad-free Disney+ tier later this year to better reflect the value of our content offerings.
A Disney rep confirmed that dozens of titles will be pulled off Disney+ and Hulu (see list below). On the earnings call, CFO Christine McCarthy said Disney expects to take a write-down in the June quarter of $1.5 billion-$1.8 billion from removing content from its streaming platforms. By writing down the value of the content, Disney can remove that from its balance sheet so its not accounted for as costs in future reporting periods.
We are in the process of reviewing the content on our DTC services to align with the strategic changes in our approach to content curation, McCarthy told investors. As a result, we will be removing certain content from our streaming platforms.
Iger said Disney is confident that were on the right path for streamings long-term profitability and that as part of that the company would be rationalizing the volume of the content we make and what were spending. He also announced thatthe company will launch an integrated Disney+/Hulu one-app experiencein the U.S. by the end of 2023 for subscribers of both services.
Here are some of the shows and movies Disney is removing from the streaming services:
America the BeautifulAmong the StarsBe Our ChefBest in DoughBest in SnowBetter Nate Than EverThe Big FibBig ShotBlack BeautyCheaper by the Dozen (2022)CloudsDarby and the DeadDiary of a Future PresidentDisney Fairy Tale WeddingsDollfaceEarth to NedEncore!Everythings TrashFoodtasticHarmonious Live!HowardIts a Dogs Life With Bill FarmerJust BeyondLittle DemonLove in the Time of CoronaMaggieMagic CampThe Making of WillowThe Mighty DucksMarvels Hero ProjectMarvels MPowerMore Than RobotsThe Mysterious Benedict SocietyThe One and Only IvanOwn the RoomPentatonix: Around the World for the HolidaysPick of the LitterPistolThe PremiseThe PrincessThe QuestThe Real Right StuffRogue TripRosalineShop ClassA Spark StoryStargirl (2020)StuntmanSuper/NaturalTimmy FailureTurner HoochWeird but True!WillowWolfgangThe World According to Jeff GoldblumY: The Last Man