The Walt Disney DIS won nine awards at this year’s Golden Globe, including the category of Best Picture, Musical or Comedy with The Banshees of Inisherin. This has been attributed to macroeconomic factors like inflation, which have spiked up the cost of production for the company, as well as adverse foreign exchange impact that decreased Disney+’s ARPU by 5%. Nevertheless, Disney is focusing on the realignment of costs, including rationalization of marketing spending, and optimization of content slate and distribution approach to deliver a steady state of high-impact releases that efficiently drive engagement.