Disney Said Currently Expects Its Fiscal 2024 Spend On Produced And Licensed Content To Be ~$25B; Said Currently Expects Its Fiscal 2024 Capital Expenditures To Total ~$6B
Portfolio Pulse from Charles Gross
Disney expects to spend approximately $25 billion on produced and licensed content in fiscal 2024, with capital expenditures projected to be around $6 billion, as reported in its 10-K filing.
November 21, 2023 | 10:17 pm
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POSITIVE IMPACT
Disney anticipates a significant investment in content and capital expenditures in fiscal 2024, with $25 billion allocated to content and $6 billion to capital expenditures.
Disney's announcement of a substantial investment in content and capital expenditures indicates a strong commitment to growth and content development, which is likely to be viewed positively by investors. This level of spending suggests confidence in future revenue streams and could lead to increased investor interest in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100