Disney To Scale Back Production on Marvel and Star Wars Projects - IGN The Fix: Entertainment
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Disney plans on cutting back on the amount of Star Wars and Marvel projects we’ll be receiving, due to the recent underwhelming box office numbers and diminishing financial returns the company has gotten as of late. #Disney CEO Bob Iger told CNBC that the company is still assessing its cost measuring tactics, this time directing it towards all those Marvel/Star Wars movies and shows that typically have million dollar budgets. On why the company will be scaling back, he said, “You pull back not just to focus, but also as part of our cost-containment initiative. Spending less on what we make, and making less. 2021 Disney bombarded us with 5 Marvel Disney Plus shows and 4 #MCU films - that’s a total of 9 different, unrelated projects. And not all of it was must-see TV or movies that captivated audiences. A couple of banned episodes of SpongeBob Squarepants returns to streaming - find out why they were banned and where you can watch ‘em, and more on today’s fix with Akeem Lawanson.
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