On the company’s annual Investor Day, Disney unveiled its strategy to focus on developing its streaming service in full on Thursday. Disney has released a list of more than 50 newsreels and shows that will launch on the platform, including “Star Wars” and Marvel, which will provide content from key owners such as. Disney + now has 86.8 million subscribers, up from 73 million at the end of its fourth quarter. It expects to have 230 million and more than 260 million subscribers by 2024. The increased focus on streaming is part of the company’s new strategy, and is due to bring the Govt-19 epidemic uncertainty to theatrical release schedules and theater reopens across much of the United States. During the Investor Day presentation, Disney’s stock rose all the time. Disney is launching several new films exclusively on Disney +, including live action versions of “Pinocchio,” “Peter Bon and Wendy” and “Dissatisfied.” For the film “Enchanted”. It also announced that over the next few years it will release 10 Marvel series, 10 “Star Wars” series, 15 new Disney Live action, Disney animated and Pixar series and 15 new Disney Live action, Disney animated and Pixar features directly to Disney +. Disney also provided updates on its other streaming sites, Hulu and ESPN +. Many new original films and limited series will be produced exclusively for Hulu, where the Kardashians will create new content later next year. Disney will offer more game betting content on ESPN + and will be bringing the Southeast Conference Games into use from 2024. As part of a new strategy, Disney announced that it would be releasing select new films on its streaming site and in theaters on the same day, including “Raya and The Last Dragon”. This dual release was tested with “Mulan”, which hit Disney + and selected international markets on the same day in September. It also follows key news from Warner Bros. last week. HBO will release all of its 2021 films simultaneously on the Max and in theaters, moving away from the usual studio process in which the films are first released in theaters and then attack other sites months later. However, Disney is still committed to theatrical releases as a sign, announcing plans to hit “Jungle Cruise” theaters in July 2021, the final Indiana Jones film in 2022, and the new Star Wars movie “Rock Scrotron” in 2023. Ahiza García-HodgesAhiza García-Hodges covers the intersections of media, technology, sports and business.
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