Did Disney+ Remove The Controversial 'Lightyear' From Its Library? Here's What Really Happened
Portfolio Pulse from Ananya Gairola
Disney+ has not removed the controversial film 'Lightyear' from its library, but the documentary 'Beyond Infinity: Buzz and the Journey to Lightyear' has disappeared from the platform. This comes as Disney (NYSE:DIS) is implementing cost-cutting measures, aiming to save $5.5 billion.
May 30, 2023 | 6:30 am
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Disney+ has not removed the film 'Lightyear' but has removed the related documentary amid cost-cutting measures, aiming to save $5.5 billion.
The removal of the documentary is part of Disney's cost-cutting measures, which may have a neutral impact on the stock price. While it shows the company's commitment to reducing costs, it is not a major event that would significantly affect the stock price in the short term.
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