Bob Iger: Disney Will Reduce Costs on Films, TV Shows to Focus on Quality, Not Volume

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Bob Iger: Disney Will Reduce Costs on Films, TV Shows to Focus on Quality, Not Volume
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Disney CEO Bob Iger shared frank comments about his plans for Marvel going forward: “Sequels typically work well for us, but do you need a third or a fourth for instance? Or is it time to turn to other characters?'

“I’m really pleased that the support that I’m getting from the content creators of the company is significant and real, and it comes in the form of reducing the expense per content, whether it’s a TV series or a film, where costs have just skyrocketed in a huge way and not a supportable way in my opinion. They all agree to that,” Iger said, adding that it was also about “understanding how much volume we need, reducing how much we make.

So it’s how much we spend on what we make and how much we make.”“And as we look to reduce the content that we’re creating for our own platforms, there probably are opportunities to license to third parties,” Iger said. “For a while that was verboten or something we couldn’t possibly do, because we were so favoring our own streaming platforms.

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