Disney Cutting Film Production? Good or Not?

The word on the street is that Disney will cut film production by more than half. Is this a prudent financial move for the corporation? Probably not. The reason it is not likely to be a positive move is that these studios are notorious for not knowing which of their movies will make money. They just can't gauge the public (or have no taste, your choice) and so the more movies they produce, the more likely they will find that gem that makes a ton of money for the $$$ that went into production. On the other hand, cutting back movie production is likely to result in more mega-big-budget films, which are riskier because of the need to recoup much larger production and promotion costs.