The coronavirus has shaken up Disney’s biggest franchises — and Star Wars is the latest to be affected.
Disney announced Thursday it would push back the releases of the next set of Star Wars movies as well as James Cameron’s Avatar sequel, according to The Hollywood Reporter. The live-action Mulan remake, which was originally supposed to release in March, has also been taken off its theatrical release calendar.
“Over the last few months, it’s become clear that nothing can be set in stone when it comes to how we release films during this global health crisis, and today that means pausing our release plans for Mulan as we assess how we can most effectively bring this film to audiences around the world,” a Disney spokesperson told The Hollywood Reporter in a statement.
Creating clothing fibers from recycled plastic is nothing new, but when a name like Disney is involved, it’s hard not to have childlike enthusiasm over the efforts. Disney, a company that needs no further description, has partnered with Unifi, Inc., makers of REPREVE®, the leading recycled fiber, to produce a new retro-style Mickey & Co. collection that is sure to bring out the kid in all of us.
Unifi has been on this ride for a long time, turning plastic waste into material used by Chicobags, Ford, Patagonia, PrAna and many other companies. The ever-growing count meter on their website reports over 20 billion bottles have been recycled, with the resulting fibers being used for everything from totes to curtains.
The Walt Disney Company just announced that its streaming service Disney+ has 26.5 million paying subscribers — ahead of the already impressive 25 million predicted by Wall Street analysts.
Disney+ launched on November 12 and is not yet available globally. The day after the launch, the company said the service already had more than 10 million subscribers.
Netflix grew by 8.8 million net subscribers in the fourth quarter of 2019, according to its latest earning report, putting its growth well ahead of its forecast of 7.6 million.
The company says it has 167 million paid memberships worldwide, with more than 100 million outside the United States. It also reported stronger-than-expected financials, with revenue of $5.47 billion and earnings per share of $1.30, compared to analyst estimates of $5.45 billion and EPS of 53 cents.
That’s all despite the launch of two major streaming services, Disney+ and Apple TV+, with more competition coming this year from WarnerMedia’s HBOMax and NBCUniversal’s Peacock.
So far, they’ve been right. Have you seen Netflix’s stock price? Holy cow. It has rocketed 8,300% since 2009, leaving even Amazon in the dust:
But don’t let its past success fool you.
Because Netflix is not the future of TV. Let me say that one more time… Netflix is not the future of TV.
Avengers: Endgame has made box office history by taking a record-breaking $1.2bn (£929m) in global ticket sales in its opening run.
The Disney blockbuster has become the fastest film ever to break the $1bn barrier, doing so in just five days.
Endgame is the 22nd offering in the Marvel Studios superhero franchise.
Its opening takings smashed the previous global debut record of $640m set by last year’s Avengers: Infinity War.
Disney’s $71 billion deal to buy most of 21st Century Fox will take effect on Wednesday, March 20, the companies said Tuesday morning.
It will be an epochal event in the entertainment business — the merging of two movie studios and the end of Fox as we all knew it.
Staffers at the 20th Century Fox studio are bracing for layoffs and other big changes.
New York (CNN Business)”Friends” will be there for you on Netflix through 2019, but the minor internet meltdown over a rumor that the show was leaving goes to the heart of the biggest question about Netflix’s short-term future: What happens if and when its competitors pull their most popular content from Netflix to make it exclusive to their own streaming services?
One show might not make a difference, but Disney and WarnerMedia, both of which are launching streaming services next year, hold the key to a huge trove of content that lives on Netflix. WarnerMedia’s “Gilmore Girls” and “The West Wing” and Disney’s “Grey’s Anatomy,” for instance, all had big fanbases when they lived on their respective networks and are now big draws for Netflix.
Disney is already the king of the box office. And if the company’s $71.3 billion deal for most of 21st Century Fox goes through, it will add even more big-name franchises — including Deadpool, the X-Men and Avatar — to its roster.
The end result: A company with clout unmatched by any other traditional movie maker.
This year’s box office sales show how formidable the new super-company could be. Thanks to “Black Panther,” “Avengers: Infinity War,” “Incredibles 2” and “Deadpool 2,” Disney (DIS) and Fox (FOXA) together control nearly half of the domestic market share so far in 2018, according to Box Office Mojo.
It’s a small world after all.
At least on Twitter. That’s what the Walt Disney Co. realized recently after Shannon Sullivan, an intern working in Magic Kingdom restaurants, tweeted a photo of a sign instructing Disney World employees how to respond to inquiries about alligators in the area.
Both the public and Disney employees have been on increased alert regarding alligators since the death of 2-year-old Lane Graves, who was snatched by an alligator last month while playing in a lake at a Disney resort.