Later this month, on May 26th 2023, Disney is set to remove dozens of films and shows from Disney+ all around the world as part of a $1.5 billion dollar impairment charge, which basically is writing off Disney+ Originals as an asset that is no longer valuable.
Some of the titles set to be removed from Disney+ include “Willow”, “Big Shot”, “The Mysterious Benedict Society”, and “The One And Only Ivan”. While Marvel shows like “Moon Knight” and “WandaVision” were obviously not on the list of titles to remove, since they have successfully brought in large numbers of viewers to the platform, in addition to gaining and retaining subscribers.
However, there were a couple of Marvel documentaries on the list of projects set to be removed from Disney+ later this month, Marvel’s “M-Power” and.”Voices Rising: The Music of Wakanda Forever”.
Following the reversal of removals for a couple of other documentaries such as “A Spark Story” and “Howard”, Deadline has revealed that both “M-Power” and.”Voices Rising: The Music of Wakanda Forever” have been saved from being removed from Disney+.
This is ultimately good news for fans of the shows, and it keeps the Marvel Original lineup intact, though it is obviously worrying that titles can be removed at any time in the future. Especially as both of these series only got released earlier this year.
Marvel’s “M-Power” unpacks the journeys of characters such as Carol Danvers, Gamora, and Wanda Maximoff from their birth in Marvel Comics to the MCU and beyond. Archival footage, imaginative animation and candid interviews work in tandem to profile how these characters and the women behind their success have impacted fans around the world.
While “Voices Rising: The Music of Wakanda Forever” features Oscar-winning composer Ludwig Göransson and director Ryan Coogler collaborated with musicians and artists from across the globe to craft the score for Black Panther: Wakanda Forever, one of the most anticipated sequels in modern movie history. Voices Rising: The Music of Wakanda Forever is a three-episode series showcasing how this extraordinary team pushed the boundaries of what a Hollywood score and soundtrack can be, creating an immersive, moving experience in the process.
Last week, during Disney’s quarterly investors call, Disney’s CFO Christine McCarthy revealed they would be removing more content from its streaming services, including Disney+, Hulu, ESPN+, Star+ and Hotstar.
We are in the process of reviewing the content on our DTC services to align with the strategic changes in our approach to content curation that you’ve heard Bob discuss. As a result, we will be removing certain content from our streaming platforms and currently expect to take an impairment charge of approximately $1.5 billion to $1.8 billion. The charge, which will not be recorded in our segment results, will primarily be recognized in the third quarter as we complete our review and remove the content.
An impairment charge is a term used to account for an asset that is no longer as valuable as it may have once been.
If you haven’t already watched “M-Power” or “Voice Rising”, I’d suggest doing it sooner rather than later, as while these shows are saved, that might not always be the case.
Will you be checking out “M-Power” or “Voice Rising” on Disney+?
Roger has been a Disney fan since he was a kid and this interest has grown over the years. He has visited Disney Parks around the globe and has a vast collection of Disney movies and collectibles. He is the owner of What's On Disney Plus & DisKingdom.