CEO Bob Iger says company will scale back releases in superhero franchise as it seeks to take on Netflix in streaming market
Disney plans to release fewer movies and “focus more on quality” at its key franchises, following of a string of high-profile flops at the box office.
The Hollywood giant is cutting back on productions from the Marvel Cinematic Universe, which ramped up releases in recent years as Disney embarked upon an expensive bid to take on Netflix.
