EXCLUSIVE: Nautilus, the U.K. live-action Captain Nemo series commissioned by Disney+ two years ago, is no longer headed to the streamer, Deadline has learned. The decision is part of Disney’…
The decision is part of Disney’s streaming content removal plan unveiled in May, for which the company is taking an impairment charge of approximately $1.5 to $1.8 billion. It followed the February announcement by Disney that it intends to cut $3 billion in non-sports content spend across the company.
As part of the cost reduction strategy, Disney’s streaming platforms, particularly flagship Disney+, have been taking a closer look on their programming with a new emphasis on content curation.
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