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VOA

A screen shows the logo and a ticker symbol for the Walt Disney Company on the floor of the New York Stock Exchange (NYSE) in New York, Dec. 14, 2017.

Disney announced Friday that all of its films slated for release by the end of the year will be exclusively screened in cinemas first, bringing relief to theaters anxious to reconnect with audiences after the coronavirus pandemic devastated their industry. The animated film Encanto will be released on the big screen Nov. 24 and will not appear on Disney's on-demand video platform until Dec. 24, the company said in a statement.

Other planned projects, including The Last Duel by Ridley Scott, Eternals by Marvel Studios and West Side Story by Steven Spielberg, will be screened in theaters for at least 45 days before they are released elsewhere. The decision was eagerly awaited by traditional cinemas after the entertainment giant recently chose to release a series of big productions such as Black Widow, Jungle Cruise and Cruella on its Disney+ platform, diverting part of their revenue.


Disney Land Disney was producing content for both theaters and television channels, but it now has direct access to its audience via streaming, a trend accelerated by the pandemic. Photo by pan xiaozhen on Unsplash


Black Widow actor Scarlett Johansson has sued Disney, accusing the company of breach of contract and costing her millions of dollars in box office revenue after it released the film on its video platform.Two years ago, Disney was producing content for both theaters and television channels, but it now has direct access to its audience via streaming, a trend accelerated by the pandemic.

In mid-August, Disney boss Bob Chapek said he favored "flexibility" and the ability to "follow the consumer wherever he goes." During a presentation of the company's financial results, he said "when theaters reopened, there was immense reluctance from the public to return." Warner Bros. studios has also been heavily criticized for its decision to release all of its new movies for the rest of the year on its HBO Max platform. (VOA/ MBI)


Keywords: disney, hotstar, pandemic, debut, films, theater


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