Pixar’s “A Spark Story” Saved From Removal From Disney+
With dozens of shows and films set to be removed from Disney+ worldwide on May 26th 2023, as part of a massive impairment charge of up to $1.8 billion to save money within its streaming division, Deadline has confirmed that the Pixar documentary film, “A Spark Story”, has been spared and will not be removed from Disney+ following a reevaluated of a list of what’s being removed.
The actual Pixar shorts within the SparksShort program were never listed as being removed, but this documentary takes an intimate look at Pixar’s SparkShorts filmmaking process, highlighting two new shorts— “Twenty Something” and “Nona”—and the filmmakers behind them.
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.
Thanks to a social media outcry from fans, Disney has started reversing some of the decisions of the removals, but currently, these reversals seem more focused on documentaries. Many other shows and films, including “Willow”, “Big Shot” and “The Mighty Ducks: Game Changers” are all currently scheduled to leave Disney+ on May 26th 2023.
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