Bloomberg.com reports that Robert Iger told a Sanford C. Bernstein & Co. investor conference in New York that Hollywood needs to scale back.
“Too many movies are being released into the market,” Iger said. “They can’t all be good enough or marketed well enough to drive good returns.”
You say ‘quality control’. We hear ‘major local economic slow down’.
Love it, hate it or lost money on it – overabundant Disney schlock has filled up many a SUV in this town!