Walt Disney laid out its plans to dominate the streaming wars in a four-hour-long investor day presentation late last week. The House of Mouse is putting up a lot of cash.
It expects to double annual spending on original streaming content to $US15 billion ($20.9 billion) by 2024 and increase original series and films to the tune of 100 a year. It has a new target to sign up 300 million streaming subscribers in three years.
Financial Times