Streaming momentum, but challenges in other parts of the business – that was one of the big-picture takeaways from the latest earnings update from Disney on Nov. 13.
The Hollywood conglomerate, led by CEO Bob Iger, also unveiled that it would increase its spending on content next year by $1 billion to a total of $24 billion amid a competitive marketplace.
And, notably, the Disney chief also hinted at potential artificial intelligence deals that may power user-generated content on Disney+. “We’ve been in some interesting conversations with some of the AI companies and I would characterize some of them as quite productive conversations as well, seeking to not only protect the value of our IP and of our creative engines, but also to seek opportunities for us to use their technology to

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