https://www.fool.com/investing/2019/04/14/disney-will-lose-billions-to-compete-with-netflix.aspx Disney Is Willing to Lose Billions to Compete With Netflix Disney+ won't be profitable until 2024, but it will boast as many as 60 million to 90 million subscribers. Walt Disney (NYSE: DIS) revealed the details of its much-anticipated Disney+ streaming service at its investor day. After highlighting a few details about the growth of Hulu and ESPN+, its other streaming services, Disney presented all of the great content coming to Disney+. The important thing for investors, though, are the finances of Disney's push into direct-to-consumer streaming. The company is planning to expense about $2 billion on content next year, spending about $500 million more on a cash basis. And that's just for Disney+. The company is also spending big bucks licensing and developing content for Hulu and ESPN+, which are both unprofitable.
There is only so many "Marvel" shows people will put up with. I don't see how this is a winning strategy for them.
I personally don't see why their streaming service is any different than say a subscription channel like say Cinemax, or Showtime. And what content are they going to put out? Are they going to put all their movies on there and then lose all that money they make selling and renting those movies? If not, then how much content can they put out?
You can now get snacks from Disney World sent straight to your door every month Aside from the magical rides and parades that Disney World is known for, the Orlando theme park is also highly regarded for its selection of snacks and candy. But, unfortunately for fans, signature Disney food can only be purchased within the parks. However, there is one way to get a taste of Disney without traveling to Florida. Boxney is a subscription service that delivers snacks from Disney World straight to your door each month — even if you live far from the parks. (Business Insider)
Sinclair and Disney Sinclair will reportedly shell out over $10 billion to buy Disney's regional sports networks, which were acquired as part of the 21st Century Fox deal. (At the time, Disney promised to sell the networks in order to get regulatory approval for the Fox asset takeover.) The Journal reports the Sinclair deal could be announced as early as today. WSJ
Disney Lineup Disney has unveiled its list of planned movies for the next eight years, so get ready for an annual tradition of there being either a new Avatar movie (there will be four sequels to the 2009 film) or a new Star Wars (yep, there's going to be another trilogy after this year's Rise of Skywalker.) Also, five more Marvel movies over the next few years. Wall Street Journal
Disney on Abortion Disney boss Bob Iger has threatened to pull filming in Georgia if the state's new abortion law takes effect, because production staff wouldn't want to work there. "If it becomes law, I don't see how it's practical for us to continue to shoot there," he said. The measure is actually law already, but it only comes into effect at the start of 2020, assuming it survives legal challenges. It would ban abortions where the doctor can detect a fetal heartbeat, which is usually around the six-week mark—a point at which many women don't even know they're pregnant yet. Reuters
Disney dominates 2019’s domestic BO as franchises get out of hand Walt Disney’s movie studio is richer than your movie studio -- and they’re having a monstrous 2019 to prove it. Why? Because they own damn near every single Hollywood franchise in existence. The “live action,” but clearly very animated, remake of “Lion King” roared into theaters and snatched up an estimated $185m in domestic ticket sales, while “Avengers: Endgame” just surpassed Avatar as the highest grossing movie ever (before inflation). And that was just last weekend... The “Aladdin” remake will soon pass $1B worldwide, the latest “Toy Story” is on track as well, Marvel’s “Phase Four” plan was just announced and “Frozen 2” hasn’t even come out yet. Bottom line: Disney currently holds a staggering 40% of the domestic box office this year, and for any studio that still believes they aren’t merely small potatoes comparatively, Elsa has some advice for you… ‘Let it go’ Unfortunately over the last 3 decades, that exact kind of thinking has led to stagnant industry growth. For years, mid level studios have dropped like flies as Disney, and a few other distant rivals, take up all the red-carpet real estate with existing IP. Analysts don’t see this trend slowing down anytime soon and, as original stories continue to decrease, many worry the industry will only continue to shrink.
Disney Reports Earnings Tuesday will bring quarterly earnings for Walt Disney Co., after the market close. First and second quarter results have exceeded expectations, and shares have jumped by nearly a third this year so far. It will also be a chance to gauge the impact of the studio's acquisition of Twenty-First Century Fox in March, the new "Star Wars" attractions, and preparations to launch its streaming service, Disney+, later this year. Yahoo