Disney is removing original content from its streaming platforms to cut spending on residual payments to writers and actors. The company is also claiming the purge will result in $1.5 billion in losses — which could amount to a substantial tax break.
Bob OGRE is more like it. Sheesh. This doesn’t bode well for the striking actors and writers, who want fair compensation for their work. The film studios would much rather have things the way things are on YouTube, where Google gets all its content for free and makes the content providers think that it’s doing THEM a favor by hosting it.