Disney (and everybody else) going to pare down streaming services further.

Well, this sounds… fraught: “Disney is likely preparing to remove more content from Disney+ as part of the company’s cost-cutting measures. Last month, Disney removed a handful of shows from Disney+ and Hulu, including Willow, The Mysterious Benedict Society, The World According To Jeff Goldblum, and a lot more. Now, in a new SEC filing from May 26, The Walt Disney Company said it is continuing to review content because of its new “strategic change” and “as a result is removing certain content from its platforms.””

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Disney retreats to streaming.

Dammit, I liked movie theaters. I went multiple times a year to movies and bought generously of the concession stands, too. I’d even shell out for promotional items, because I knew that every little bit helps and I enjoyed my local Regal Theater. But the writing’s on the wall:

Disney is restructuring its media and entertainment divisions, as streaming becomes the most important facet of the company’s media business.

On Monday, the company revealed that in order to further accelerate its direct-to-consumer strategy, it would be centralizing its media businesses into a single organization that will be responsible for content distribution, ad sales and Disney+.

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