Disney Laid The Groundwork For Disney+ Long Before Netflix Was King

At a board retreat in Orlando, Florida, in 2006, a pair of senior Disney executives predicted a seismic shift in the media landscape—one fueled by consumers who would enjoy unprecedented access to content. Their plan? Amass strong enough entertainment brands and franchises to grab the attention of viewers awash in choices.

Disney and Fox together account for 47% of the top 100 films of all time, based on domestic box office. That’s more than double the nearest competitor, Warner Bros., with 20 hit movies. The combined Disney and Fox libraries also command the largest share of the 100 most popular TV shows, as ranked by IMDB.

Nathanson predicts Disney+ will attract 7.1 million subscribers in its first year, growing to nearly 24 million by the end of fiscal 2022. The success of Disney+ is something Iger is staking his legacy on, describing it, during a recent investor call, as “our number one priority.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Anime could give Netflix a major advantage against Disney in the streaming warNetflix will rely more on its original content as other companies like Disney start streaming services. Anime could give Netflix a major advantage. Probabilistically likely. Head start is too great.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Hollywood’s new holy grail: Non-Disney hitsSome people in the movie business are working very hard to fight against and expand beyond the megastudio's formula of blockbusters. Sethrogen laughs. Hollywood rich actors calling the shots for the poor in our communities, yeah, I can see them collapsing soon. This is a great non Disney hit. 👇
Source: washingtonpost - 🏆 95. / 72 Read more »

Three big questions the Disney+ streaming presentation will addressAmong them: How it will fit in the larger Disney digital offerings, and how much it will be able to disrupt the streaming business generally? More casual content can be presented as streaming events, there are so many events some deft prgm skills could create a new billion dollar
Source: washingtonpost - 🏆 95. / 72 Read more »