The company is expected to discuss its streaming, film release and theme park strategies moving into next year.Bob Chapek, CEO of the Walt Disney Company and former head of Walt Disney Parks and Experiences, speaks during a media preview of the D23 Expo 2019 in Anaheim, California, Aug. 22, 2019.
Most believe that the company will opt to place smaller budget titles on its burgeoning streaming service to help bolster its content library and entice new subscribers. Its big budget films, like its slate of Marvel titles, Avatar films and Star Wars flicksAfter all, Disney had seven movies surpass $1 billion at the global box office in 2019, a feat that is not easily replicated through streaming.
The company already has a hearty slate of Marvel content in production and set to arrive on Disney+ over the next few years. It is believed that the company will announce additional Star Wars programs following the success of "The Mandalorian" and the final season of the animated series "The Clone Wars."
The segment, which includes its theme parks, cruise lines, resorts and merchandising, saw revenue fall 61% to $2.6 billion.
Long $dis