Disney will cut back on Marvel and Star Wars content, says CEO Bob Iger

Anticipate a reduction in Marvel and Star Wars content from Disney in the upcoming years, according to CEO Bob Iger.

“We are not only focusing more but also implementing a cost containment initiative, which involves reducing our production expenditure and output,” explained Iger in an interview with CNBC.

Disney acquired Marvel in 2009 for approximately $4 billion, followed by the acquisition of Star Wars in 2012 for another $4 billion. The company has not only recovered its initial investment but also established a highly profitable film franchise with the Marvel Cinematic Universe, generating billions of dollars in revenue.

Please note that English (US) and English (UK) are nearly identical in terms of grammar and vocabulary.

“Marvel serves as a prime example of this. Previously, they had minimal involvement in the television industry, but not only did they increase their film production, they also ventured into creating several TV series,” Iger continued while discussing Disney’s newfound emphasis on generating original content separate from established intellectual properties (IPs). “To be honest, this led to a diluted focus and attention.”

We wholeheartedly st acknowledge the commendable work of the writers behind Disney’s Star Wars and Marvel shows on Disnesupport the development of fresh, original content that stands on its own without relying on an IP. However, we muy Plus, as they have gone above and beyond to produce truly unique content. She-Hulk, for instance, masterfully blended humor and romance, while Secret Invasion offered a gripping espionage thriller with Cold War undertones.

Although Iger mentions Disney’s intention to scale back, Marvel is currently in the midst of its Phase 5 rollout, with Phase 6 scheduled to commence in 2024. Additionally, Star Wars is gearing up for the launch of three new series: Ahsoka, The Acolyte, and Skeleton Crew, alongside an upcoming movie that marks the return of Daisy Ridley.

Please note that English (US) and English (UK) are nearly identical in terms of grammar and vocabulary.

Lauren Milici is a Senior Entertainment Writer for GamesRadar+ currently based in the Midwest. She previously reported on breaking news for The Independent’s Indy100 and created TV and film listicles for Ranker. Her work has been published in Fandom, Nerdist, Paste Magazine, Vulture, PopSugar, Fangoria, and more.

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