Disney Profit Exceeds Expectations on Cost Cutting

The video discusses Disney's subscriber losses, particularly in India due to losing IPL content to Reliance, and how it affects profitability. Despite the losses, streaming costs were lower than expected due to cost rationalization and writer strikes. Disney's strategy includes removing underperforming shows to reduce content costs and improve profitability. Additionally, Disney considers licensing these shows to third parties like Warner or Netflix.

Explain the financial benefits of removing underperforming shows from the programming lineup.

What potential strategy is mentioned regarding licensing underperforming titles to third parties?