Disney will significantly increase its content spend next year as it turbocharges its streaming operation.
The company will spend around $33 billion on producing and licensing content in Fiscal Year 2022, it revealed in its annual report, which it has filed to the Securities and Exchange Commission (read the report here). That’s a jump from approximately $25 billion in the last fiscal year, which ended on October 2, 2021.
Don’t expect animation to see too much of that money, of course. A lot of it will go toward sports rights: the company is committed to spending $10.3 billion on that alone. Also, the General Entertainment segment, which mostly covers episodic programs and news, plans to commission or produce some 140 series, only ten of which will be animated. Here’s the breakdown by category: