Bob Iger Reflects on Disney’s Streaming Launch: “We Invested Too Much” “As we got into the streaming business in a very, very aggressive way, we tried to tell too many stories. Basically we invested too much, way ahead of possible returns. It’s what led to streaming ending up as a $4 billion loss,” Iger told the MoffettNathanson Media, Internet & Communications Conference during a session that was webcast.

Iger addressed a falling out with his hand-picked successor, former Disney CEO Bob Chapek, whose tenure he called out for lavish and misplaced content spending. “It was clear to me that our structure was not working, because we were removing accountability from those that were basically investing the most capital was a mistake,” he argued.

EXPLORE MORE

College and College Life
https://www.youtube.com/playlist?list=PLUPkiRW84R1jMYq13CC97tk6V3EsZKICc

Bud Light Controversy And Updates
https://www.youtube.com/playlist?list=PLUPkiRW84R1g5qvJxocNQFy6tsIEAcKh9

Target Controversy Series And Updates
https://www.youtube.com/playlist?list=PLUPkiRW84R1ggpL0TlEvY5Qg1xChHiMqp

SUBSCRIBE TO ADAM POST SPEAKS:
https://www.youtube.com/c/AdamPostSpeaks

Follow ADAM POST on Twitter:
https://twitter.com/comicswelove

ADAM POST email:
adampostmediagroup@gmail.com

ADAM POST twitter:
@comicswelove

#hollywood #marvel #disney