to their 60.5M Disney+ subscribers for a rental of $29.99 over Labor Day weekend is indeed seismic, unprecedented and stoking fears in exhibitors about their future livelihood.
Despite the ire of mid-level exhibition currently, there are some cooler heads prevailing out there about Disney’s pivot today withexperiment is “a one-off as opposed trying to say that there’s a new business windowing model.” We’re in the middle of a pandemic, Disney released some pretty bad numbers today and Disney+ is the only thing that’s working for them.
Says one film finance sage who funds feature productions, “Disney has no revenue coming in now, they’re losing money on theme parks, they can’t get TV into production. If 50% of subscribers rent it — well, that’s a lofty projection. It can make between $300M-$400M, but I don’t think it switches anything in the long term in shaking up moviegoing. I don’t think they can do this on a regular basis. There’s still a lot of money to be made in the theatrical windows model.
Predictably while rival exhibitors all responded angrily over AMC/Universal shortened window announcement, as with Hamilton exhibitors will be privately apoplectic with rage over Disney’s decision over Mulan but publicly they won't respond
Theaters will come back after the pandemic is under control. I will definitely return to the the, but I won't take unnecessary chances while there is so much uncertainty. I'm desperate to see WW84, but it's not worth my health...
Disney Mulan support PoliceBrutality Say NO to Mulan BoycottMulan
Sure. PVOD will not just refinance 200M USD+ films, but also create handsome profits. R U mad? 🤣😂😂🤣🤣😂🤣 Me? I think Disney made a huge mistake. Mulan on PVOD + theatrical? Okay. VOD on Disney+ – ontop of the monthly fee? Ups. Not clever. On the same day as TENET ? Vile.
This movie is gonna be shit smh
Yes absolutely MulanforTheaters
I dunno about “need” but they will still want them
CCPVirus chinavirus chinazi FreeHongKong china_get_out_of_hongkong china_get_out_of_iran
Yes
drisraelluna leave it to DR Cox to write a Disney rah-rah piece like this.
Nope. They have all the money in the world
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