The Walt Disney plans to spend $33 billion in 2022 on over 100 new titles for all of their content groups.
According to the company’s annual report, Walt Disney plans to spend approximately $33 billion on content over the next year, inclusive of its streaming programming, linear programming and sports content.
That is an $8 billion increase from fiscal 2021, when the company says it spent approximately $25 billion on content.
In fiscal 2022, the Studios plan to produce approximately 50 titles, which include films and episodic television programs, for distribution theatrically and/or on DTC platforms.
The company said in an official report that, “During fiscal 2022, we expect to release approximately 20 films, although the timing and number of these releases could be impacted by COVID-19, and certain films intended for theatrical release may be made available on our DTC streaming services in certain territories.”
Disney licenses full-length live-action and animated films from the company’s studio production group to theatres globally. Cumulatively through 2 October, 2021, the company has released approximately 1,100 full-length live-action films and 100 full-length animated films.
About $8 billion content boost is driven by the company’s streaming initiatives at Disney+, Hulu, and ESPN+, rather than any of the company’s linear TV or film businesses.
“The increase is driven by higher spend to support our DTC expansion and generally assumes no significant disruptions to production due to COVID-19,” the company wrote in the annual report.
The number of original programs that will be produced or commissioned by general entertainment for use by the company’s various distribution platforms in fiscal 2022 is as follows 60 unscripted series, 30 comedy series, 25 drama series,15 docuseries/limited series, 10 animated series, five made for TV movies, and numerous specials and short.
