Disney's CEO Bob Iger anticipates that a move to crackdown on password sharing will result in an increase in subscribers. Additionally, he highlights that sequels are economically favorable due to reduced marketing expenses.
On Tuesday, senior lawmakers in Congress unveiled a bipartisan deal aimed at expanding the child tax credit and introducing several tax breaks for businesses. The $78 billion tax agreement, brokered by House Ways and Means Chair Jason Smith (R-Mo.) and Senate Finance Chair Ron Wyden (D-Ore.), comes after months of negotiations in the divided Congress.