A new Disney lawsuit appears.
This article covers a developing story. Continue to check back with us as we will be adding more information as it becomes available. Summary SCREENRANT VIDEO OF THE DAY SCROLL TO CONTINUE WITH CONTENT Disney is being sued by some of their investors, who allege the company lied about its losses pertaining to their streaming service, Disney+.
Now, The Hollywood Reporter and Deadline have revealed Disney is being sued by some of its investors for allegedly hiding Disney+ losses from them. The lawsuit claims Disney is lying about being able to achieve profitability with Disney+ by the end of 2024. In particular, they claim the company's former CEO, Bob Chapek, aired Disney+ originals like The Mysterious Benedict Society on the Disney Channel to make the platform seem more successful than it is.
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