25. "i had never heard of an impairment charge" In response to In response to 23
i'm still wrapping my head around how removing content that was already released and seen saves over a billion dollars. i don't think that implied it would all be licensed, just unavailable. i don't think every max original has been licensed or otherwise monetized after removal, but they save on residuals and server costs.
that disney+ doesn't release its original content retail, blu-ray in particular, makes it all the more frustrating.
i'm also one of those people who thought what was on disney+ and produced for hulu would be there because disney owned it. i had streaming netflix up until last year and am familiar with the content losses there because netflix wasn't the actual or majority owner of the content. i'm waking up to the reality now of services removing outright owned content for financial reasons, but as Heinz implies, this is not the utopia we were promised with streaming.