In order to hit lofty subscriber goals, Disney+ needs “more content for more people,” former Disney CEO Bob Iger tells davidfaber. “But, Bob’s aware of that and is addressing those issues.”
Tuesday. "Obviously, the company has expressed confidence in its ability to achieve the guidance that it has out there.", as consumers were stuck at home and desperate for entertainment. However, growth has slowed in recent months as more people returned to outside activities and to work in offices.
The streaming service boasts a vast catalog of family friendly content, including classic Disney and Pixar animated features. It also has must-see series tied to the Marvel Cinematic Universe, including "Loki" and "Hawkeye" as well as the Star Wars series "The Mandalorian" and the upcoming "The Book of Boba Fett," but its library doesn't have as many new entrants as rival platforms like"I think [Disney+] needs more volume," Iger said.
Disney's stock closed Monday at $146.47, down 1.5%. Since the start of the year, Disney shares have fallen 19%, putting its market value at $266.23 billion.02:10
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