“We are sticking with our plan of flexibility because we are still unsure about how the marketplace is going to come back with a theatrical-first window,” Disney CEO Bob Chapek said. 'We are going to do what’s best for our shareholders'
On Wednesday, Chapek wouldn’t extend that pronouncement. “We are sticking with our plan of flexibility because we are still unsure about how the marketplace is going to react when family films come back with a theatrical-first window,” said Chapek, who mentioned family audiences several times.
“We are going to do what’s best for our shareholders. We don’t announce our films that far in advance because we know we are in a time of flux and change,” he continued. “And while COVID will be in the rearview mirror, god willing, I think changing consumer behavior is something that’s going to be more permanent. And so we’re reading that on a weekly basis and wull make our decisions going forward accordingly.
At the same time, Chapek stressed the importance of a theatrical model in terms of launching a franchise that benefits the entire company, and said that it’s difficult to replicate that boost., which received an exclusive theatrical release, debuted over the long holiday weekend to a stellar $94 million on its way to earning $430 million at the worldwide box office.debuted to nearly $162 million globally, including $71.
WarnerMedia went even further and is making its entire 2021 theatrical slate available day-and-date on HBO Max. The company, however, has committed to an exclusive theatrical release beginning on Jan. 1, 2022 for Warner Bros.’ slate.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Disney Reports Slowing Disney+ Subscriber GrowthDisney reported slowing subscriber growth at its streaming service and lackluster profits, sending shares lower in after-hours trading
Consulte Mais informação »
Disney stock falls as Disney+ growth slows even more than expectedDisney reported an even more jarring slowdown in Disney+ growth than expected Wednesday while missing expectations for earnings and sales, and shares fell in after-hours trading. $DIS shares fell more than 4% in after-hours trading Wednesday.
Consulte Mais informação »
Vivendi CEO Wants to “Create a Kind of European Disney”Arnaud de Puyfontaine's comments suggested a company with a hand in activities across the media and entertainment space that can help or cross-promote each other.
Consulte Mais informação »
Discovery CEO Moving to L.A. After WarnerMedia Merger: “I’m Going to Be Very Hands-On”David Zaslav says he'll have an office on the Warner Bros. studio lot and has 'ideas' about the unified leadership structure at the merged firm but isn't ready to present that yet.
Consulte Mais informação »
Disney Boss Bob Chapek “Sticking With Our Plan Of Flexibility” When It Comes To Theatrical Day & DateDespite Disney’s commitment to a pure theatrical window during Q4 of this year with wide releases like Eternals and Shang-Chi and the Legend of the Ten Rings, CEO Bob Chapek isn’t rulin…
Consulte Mais informação »
Disney Stock Sags After Q4 Results Miss Wall Street ForecastsDisney missed Wall Street forecasts in its fiscal fourth quarter amid a slowdown in streaming, despite a swing back to profit from the depths of the Covid-bedeviled 2020 quarter. The company’…
Consulte Mais informação »