in support of Disney's repositioning around Disney+, its flagship subscription streaming service.
Disney is becoming more reliant on Disney+ as movie theaters have been unable to recover after being shuttered in March due to the outbreak. Ticket sales have been particularly lackluster at domestic cinemas since the industry attempted a large-scale reopening in late August. Daniel will be responsible, in part, for making big decisions about Disney's theatrical and streaming release schedules going forward.Alan Horn and Alan Bergman will remain in charge of the company's studios, Peter Rice will continue to head the company's general entertainment group and James Pitaro will stay as head of the company's sports content.
Under Horn and Bergman, the studios segment will focus on creating content for theatrical release, Disney+ and Hulu. Walt Disney Studios, Marvel Studios, Pixar Animation Studios, Walt Disney Animation Studios, Lucasfilm, 20th Century Studios and Searchlight Pictures all fall under their perview.
DutchHollywood1 Sad to say, thanks to irrationality, refusal by government to let the private sector rise to the occasion, and fear, streaming is the only entertainment really available right now.
Just in time before sh*t hits the fan again!
CNBC GOOD NIGHT
Jim Cramer has no talent. firejimcramer
onome_egba Theatres done outchea.
The Fed buys your bonds, and so you have the luxury of time to think about where the puck is going. Must be nice.
JBoorstin Disney disgusts me, it has become the monster, Walt Disney would never approve of, whether he was alive or dead.
JBoorstin So it looks like everyone will ned 10 differnt subscriptions to on demand to see movies with the sole exception of those made by universal as AMC theatres will show those.
Good move!
still bullish on Hakuna Matata College, profgalloway?
It’s a DTC world after all
Any management that uses the over-used cliche 'skate to where the puck is going to be' should be slapped on the side of the head, especially when the puck passed in front of the company 2 years ago. Disney DisneyPlus $DIS No real news till Dec 10th when they hold analyst day.
Hey Disney lets bring a partnership into fruition. would like to develop a Robotic video game for the WaltDisneyWorld property. Where the guest/visitors that have can pilot a robot similar to BostonDynamics spot, but more of a rover platform 1/2
Remember when Disney was kind of an innovator with eyes on Tomorrow? So much WD named a part Tomorrowland. The Carousel of the Progress always helped children imagine a brighter future. However, brief the feeling. Walt made $ dreaming of a better Tomorrow?
Is someone investigating who bought the 30k call options with strike 130 and expiry date 10/16? Looks like insider trading to me.
“Direct to consumer” model to help keep investors happy. Confusing statement. So Disney stock no longer includes theme parks, hotels, and cruises? And no dividends, no thank you.
It’s hard to say consumers are voting heavily for Disney+ right now when it’s literally their only option. Basically flipping the bird to the theater industry.
Hilarious coming from the guy who was behind the acceleration in raising prices to go to Disneyland/Disney World right before a pandemic/global recession. You only care about the bottom line Bob, stop lying.
“putting the ‘consumer’ first” .. LoL 😂
after everything in the new's these past day's it is SICK to compare Disney to an ice puck
Smart
But what about an R2D2 MOVIE?
Trump’s War on Entertainment is giving America cardboard cutouts for fans.