On Thursday, US time, Disney held the 2020 Investor Conference online, announcing that 15 new movies and 35 new dramas will be launched on the streaming media Disney+ in the next few years.
According to official sources, the works landing on Disney+ include 10 Marvel episodes, 10 Star Wars episodes, 15 Disney and Pixar animations, and 15 Disney and Pixar novels.
@Disney Tweet Screenshot
Under the impact of the epidemic, Disneyland and movie business have been hit hard, offline parks have been shut down and news of layoffs continues. Disney’s latest fiscal year 2020 results show that its fiscal year 2020 loss was as high as US$2.864 billion, its first fiscal year loss in 10 years. Gary Marsh, president and chief creative officer of Disney-branded television, also announced earlier this month that the radio business would be shutting down. Television and video streaming services may be Disney's lifelines.
Currently, Disney has three major streaming media platforms, Disney+, Hulu and ESPN+, with a total of 137 million users. Disney+ has been on the line for 13 months, and the number of subscribers has reached 86.8 million, and it plans to launch more than 100 new content every year.
Disney company expects that by fiscal year 2024, the total number of paid users of its streaming media services will reach 300-350 million, of which Disney+ is expected to reach 230-260 million subscribers, and will achieve profitability in the same year. Shares of Disney hit new highs following the news.
Disney adopted a strategy of online and offline synchronization in the release of the movie "Mulan". Viewers can watch the movie simultaneously by paying $30 on the Disney+ platform. The move also boosted demand for the streaming app Disney+, with downloads at one point up 68%. Earlier, WarnerMedia announced that in 2021, when all new movies are released, these movies will be broadcast directly through HBO Max for free in order to promote the growth of paying users of video services. The famous British director Christopher Nolan expressed his dissatisfaction with Warner's decision in an interview, saying that "this should not be the way to treat filmmakers, stars, and others who have devoted a lot of effort to these projects."
