Disney's direct-to-consumer business is growing, but so are its operating losses

This is an excerpt from a story delivered exclusively to Business Insider Intelligence Digital Media Briefing subscribers.

Those losses are compounded by the fact that Disney is sacrificing hundreds of millions of dollars in the short term that would have come from licensing its content to rival platforms like Netflix as it retains content rights for its own service. Franchise films will land on Disney+ — but not until after they run in theaters. Iger said that the company will distribute Marvel films on Disney+, including box-office behemoth"Avengers: Endgame" on December 11 — about one month after the service launches. As a result, those films are unlikely to spur adoption of Disney+; for example, a new film appearing on the service at the same time as it appears in theaters could trigger a spike in SVOD sign-ups in response.

Italia Ultime Notizie, Italia Notizie

Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.

Disney earnings beat, but movie revenue drops ahead of ‘Endgame’ windfallWalt Disney Co. handily beat earnings expectations even after stripping out big gains from an acquisition, but revenue in the core movie and television...
Fonte: MarketWatch - 🏆 3. / 97 Leggi di più »

Disney reports earnings after the bell, as the company caps a big quarterDisney closed its acquisition of Fox's entertainment assets during the quarter. The company has since unveiled details for its Disney+ streaming service, which will launch this fall. $DIS bullish
Fonte: CNBC - 🏆 12. / 72 Leggi di più »

Disney parks lift earnings, 'Avengers: Endgame' streaming date announcedWalt Disney Co's theme parks lifted quarterly earnings past Wall Street tar...
Fonte: Reuters - 🏆 2. / 97 Leggi di più »