LOS ANGELES – In February, Robert A. Iger resigned as CEO of Disney and became CEO, saying he would be completely disbanded in 2021. But he saw himself as a final task. “I want to make sure our creative pipelines are vibrant,” Mr. Iger said in an interview at the time. “This is very important, especially when we have Disney out of the world.” On Thursday, Mr. Wall Street hosted a four-hour investor presentation focusing on the future of Disney’s streaming business. Was talking about. Disney’s content engines have never been turbocharged like this. In the coming years, 15 movies will be released live on Disney +, including the live-action films Pinocchio and Peter Bonn & Wendy. The company also said it would be working on 10 “Star Wars” series for Disney + with a dozen shows from Pixar and Marvel. Disney revealed on Thursday that it has 87 million subscribers to its primary streaming service. The initial five-year target after one year in operation. Disney + benefited from the low monthly price ($ 7), the smash hit (“The Montalorian”) and the Corona virus epidemic, which prompted Disney to switch theatrical releases such as “Hamilton” to service, and increased demand from domestic consumers. Disney is beginning to be underestimated as an old line entertainment company with challenging businesses (traditional TV networks are secular, theme parks closed or running with corona virus-forced capability restrictions) and a large stream of product streaming. Shares of Disney reached 9,159 after hours of trading on Thursday, the highest of all time. The success outside of the gates of Disney + has caused a great deal of excitement. Many analysts initially thought it was lucky to reach 55 million subscribers in 55 years. Wall Street, which has lost its epic style identity, is now more than willing to give Disney the benefit of the doubt. But threatening challenges lie ahead. Creating streaming services is very expensive, and Disney now has four: Disney +, Hulu (39 million subscribers), ESPN + (11.5 million) and Hulu’s overseas version Star + will be released in Latin America in the coming months. The company reported total losses of $ 2.8 billion on Disney’s direct-consumer segment in fiscal 2020. The company has left billions of dollars in license fees as it has accumulated library content on Disney + rather than selling it to outside companies like Netflix. Disney is also facing an increasingly competitive streaming environment. HBO Max, CBS All Access (soon to be renamed Paramount +), Peacock, Apple TV + and the recently announced Discovery + are sure to infiltrate. Netflix and Amazon pour billions of dollars a year into original programming. Much of the presentation will be dedicated to Star +, which will be saved with programming from Disney properties such as ABC, FX, Freeform, Churchlight and 20th Century Studios, which Rupert Murdoch sold to Disney last year. In Latin America, Star + will be developed as a stand-alone service in June and will include some ESPN coverage of sporting events. In Europe, Canada, Australia and many other markets, Star + will be directly integrated with Disney +, adding more advanced programming to the service (“Deadpool 2,” the “Family Guy” cartoon series), which allows Disney to reach out-of-household audiences. Adding a star channel to Disney + would justify a price increase of about 28 percent, or about $ 11 a month. Disney also discussed its growing approach to film distribution. The corona virus infection has forced Disney and other studios to push back the release of big-budget films – more than half of the theaters in the United States have closed – switching to streaming services. In September, Disney introduced “Mulan” on Disney + as part of its “premium access” experiment, charging subscribers $ 30 for indefinite access. “Soul” will be coming to Disney + on Christmas Day at no extra cost. Disney said that some movies will continue in theaters for exclusive theatrical periods. Others will follow the “Mulan” model; The upcoming animated film “Raya and the Last Dragon” will be available at premium prices on Disney + in March. Due to the epidemic, WarnerMedia last week turned 17 upcoming Warner Bros. films into a hybrid release model – simultaneously coming to HBO Max and theaters – with some films (“Toon,” “The Matrix 4”) not expected to be vaccinated until the fourth quarter. After a long time. The surprise move sparked a backlash from WarnerMedia talent, who felt betrayed and stands to receive a significantly lower salary.
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