The Walt Disney Company Articles and News Stories


Disney to Incur $1.5 Billion Impairment Charge for Removal of Disney Plus Content

Last month, Disney removed dozens of movies and shows from Disney+ and Hulu. According to an SEC filing Friday afternoon, The Walt Disney Company will incur a $1.5 billion impairment charge in its fiscal Q3 “financial statements to adjust the carrying value of these content assets to fair value.” Disney said they continue to review Disney to Incur $1.5 Billion Impairment Charge for Removal of Disney Plus Content