In 2022, Disney Will Spend $33 Bln On New Content, An Increase Of $8 Bln Over 2021
In 2022, Disney aims to spend $33 billion on new content, according to its annual report.
With a stronghold in theatrical releases and a growing streaming service, the media giant is clearly at the vanguard of modern content creation.
Studios, general entertainment, and sports are the three main content categories under Disney media.
Walt Disney Pictures, Walt Disney Animation Studios, Pixar, LucasFilm, 20th Century Studios, Marvel Studios, and Searchlight Pictures are among the Disney studios.
Disney’s general entertainment groups include ABC Entertainment, Disney Channel, FX Networks, and Hulu, but ESPN remains their primary sports network.
According to The Hollywood Reporter, Disney has released its annual report, which claims that they plan to spend $33 billion on new content for the fiscal year 2022, which begins on October 1st. This $33 billion will go to Disney’s media conglomerate’s many divisions.
The number in the report is $8 billion higher than the total in the fiscal year 2021, which was around $25 billion.