Disney is also taking a shot. Photo: Walt Disney Pictures Like other entertainment companies, Disney has a problem: It has made movies, but in much of the world, there are no open theaters to release them in — or even if they are open, nobody wants to go. So Disney has repeatedly delayed the release of its $200 million live-action remake of Mulan, and now it has decided to release the movie over the internet.
Wall Street investors seem eager about this approach: Disney’s stock price bounced up and down when the company announced its earnings for the quarter that ended June 30 right after 4 p.m., but later rose nearly 5 percent after Chapek announced the plan to release Mulan online.
I wouldn’t watch even if someone pays me 30 bucks to see it.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Disney to release 'Mulan' on Disney+, launch new streaming offeringWalt Disney Co. undefined plans to sell access to its long delayed 'Mulan' live-action movie through Disney+ for $29.99, a new approach to that streaming... I hope netflix made a good story & animation from many country in Asia. So many beautiful stories & legend in Asia, like 'Ande Ande Lumut', 'Nagini the Prince of Dragon' & 'Ken Dedes' from Indonesia 🇮🇩 Me & my family loves animations DIS can’t wait any more....to start make money
Source: MarketWatch - 🏆 3. / 97 Read more »
‘Mulan’ Heads Straight To Disney+ After Coronavirus Scuttles Theater ReleaseDisney CEO Bob Chapek says decision is a ‘one-off.’ For $30 and a subscription. Get out of here with that nonsense. 😂😂😂😂 The film is doomed when the lead actress openly supports police brutality.
Source: Forbes - 🏆 394. / 53 Read more »
Why investors should care about the fate of TikTokWhat happens to TikTok isn't just a question for its millions of American users. India was the first country to ban TikTok. Proud of it. CNN going to bat for China. Sad.
Source: CNN - 🏆 4. / 95 Read more »
Goldman Sachs' guide to the hot SPAC market and why investors should be carefulNew for subscribers: Goldman Sachs' guide to the hot SPAC market and why investors should be careful Check out CNBCPro for a free trial. Pro SPAC Just remember, this is a pig in a poke. As they expand the possibility of buying into Large Liability Corporation increases. Pro Every time I see Bill I can't but think how brave he was to run into a mean locker room to get his father. He truly is one of the unsung heroes of the world.😂😂😂🤣🤣🤣
Source: CNBC - 🏆 12. / 72 Read more »
13 Reasons Why You Need a Soy Candle in Your LifeHave you ever wondered what a tennis ball candle smells like?
Source: ELLE Magazine (US) - 🏆 472. / 51 Read more »