Disney Detonates Four Bombs In Deadline’s 2023 Most Valuable Blockbuster Tournament

sports-streaming service set to be launched by Walt Disney, Warner Bros.

Walt Disney will cut its investment in programming for traditional television networks “pretty dramatically” as the company navigates the consumer shift to streaming, Chief Executive Bob Iger said Wednesday.Iger said linear channels such as ABC still serve as an important marketing tool and reach older viewers who are not watching series such as “Abbott Elementary” on Disney’s streaming platforms.Still, the goal is to “reduce pretty dramatically our investment in content specifically aimed at those traditional networks,” Iger said at the MoffettNathanson’s 2024 Media, Internet and Communications Conference in New York.On Disney’s theme parks business, Iger said he expected continued growth but perhaps not at the same rate as in recent years.“We’ve had double-digit revenue growth in that business for quite some time, and that’s extraordinary,” he said.

EXCLUSIVE: Raven-Symoné is extending her relationship with Disney, which she has called home for many years, with a new multi-year overall deal at Disney Branded Television. Under the pact, she will produce, direct, and develop projects across linear and streaming, with a focus on multi-cam comedies.

Over the past several months, on more than one occasion, we’ve heard from Disney executives about how they’re going to be cutting back a bit on streaming and put the focus on streamlining releases. That is to say, all that talk about how Disney+ was going to be the golden goose of the company was a bit premature.

Bruce Springsteen concert documentary is on the way, and will be available on streaming services later this year.Road Diary: Bruce Springsteen and The E Street Band has been confirmed to release on Disney+ and Hulu in October, although a firm release date has yet to be announced. The concert film will focus on Springsteen’s ongoing tour.The documentary – directed by Springsteen’s longtime collaborator Thom Zimny – is set to feature footage of several concerts, as well as a behind-the-scenes look at the band’s intimate rehearsals.

Max streaming services in the US starting this summer, the companies said in a statement on Wednesday.Customers will be able to sign up on any of the three individual websites and chose from an ad-free or ad-supported plan. No prices were disclosed.Both Disney and Warner Bros are trying to build their streaming businesses as customers ditch traditional cable packages, in part because many of them rejected having to pay for a large bundle with dozens of channels.Butas the number of streaming apps exploded, consumers have complained about having to sign up for multiple subscriptions.The Disney/Warner bundle will simplify payment with one bill, and possibly offer a discount from the cost of subscribing to each app separately.Further details will be announced in the coming weeks, the companies said.Disney+ offers the company’s animated and live-action movies plus film and TV shows from Marvel, Star Wars and Pixar.

Todd Spangler NY Digital Editor Disney and Warner Bros. Discovery — ordinarily rivals for consumers’ time and money — are teaming up for a triple-play bundle of Disney+, Hulu and Max. The companies announced a new streaming bundle comprising Disney+, Hulu and Max will be available this summer in the U.S.

Disney and Warner Bros. Discovery are breaking ground in streaming with a bundled offering featuring Disney+, Hulu and Max in a single package.

Bob Iger, CEO2023 compensation: $31.6M/+110.7%Median employee compensation $54,010Iger pay ratio to median employee: 595 It was a contentious time for the congenitally congenial Disney chief. First, he made some ill-considered remarks at Sun Valley, a conference for media barons held in a posh resort, characterizing striking actors’ demands as “not realistic.” Those words were slammed by SAG-AFTRA head Fran Drescher, with Iger becoming exhibit A for corporate greed.

Marvel Cinematic Universe in the future, according to the CEO of Disney.Bob Iger was speaking to Wall Street analysts when he confirmed that he plans to release no more than three new Marvel films per year, as well as only two television series in the MCU.The studio head said that the plan is part of an overall strategy at Disney to focus on quality rather than quantity, with that applying particularly to their Marvel properties.“We’re slowly going to decrease volume and go to probably about two TV series a year instead of what had become four and reduce our film output from maybe four a year to two, or a maximum of three,” he said. “And we’re working hard on what that path is.”He continued that the MCU will have “a couple of good films in ’25 and then we’re heading to more Avengers, which we’re extremely excited about.”“Overall, I feel great about the slate.

It’s not really news to say that Disney CEO Bob Iger is going to be a bit more hands-on with Marvel Studios in the future. The executive has made several comments in the past about reducing the number of projects the studio releases, as well as making sure the films and TV series that are released are of the best quality.

Todd Spangler NY Digital Editor Disney‘s entertainment streaming segment, anchored by Disney+, scored its first profitable quarter, helping offset continued weakness in the media conglomerate’s linear TV business for the first three months of 2024. Overall, Disney revenue for the quarter ended March 30 was in line with Wall Street expectations, while it beat on adjusted earnings per share.

Universal and Illumination‘s smash The Super Mario Bros Movie finishes No. 1 to make it a wrap on Deadline’s Most Valuable Blockbuster tournament for 2023. While the industry is still coming out of Covid and the aftermath of the strikes, there’s no question about the major motion picture studios’ embrace of the theatrical downstream model; steamers such as Amazon and Apple realize the power of it too.

Deadline’s Most Valuable Blockbuster tournament is back. While studios during Covid wildly embraced the theatrical day-and-date model when cinemas were closed, they soon realized there’s nothing more profitable than a theatrical release and the downstreams that come with it. If anything, theatrical is the advertisement for a movie’s longevity in subsequent home entertainment windows. Entering the conversation in 2023 were the streamers, such as Apple, who have also realized the necessity of theatrical to eventize their movies. The financial data pulled together here for Deadline’s Most Valuable Blockbuster Tournament is culled by seasoned and trusted sources.

In the glitzy world of Hollywood, fame and fortune often go hand in hand. But for some major stars, the allure of the spotlight eventually fades, leading them to trade celebrity status for more traditional careers. From Disney darlings to A-list icons, these Hollywood stars have waved goodbye to fame in pursuit of new passions and paths.

Deadline’s Most Valuable Blockbuster tournament is back. While studios during Covid wildly embraced the theatrical day-and-date model when cinemas were closed, they soon realized there’s nothing more profitable than a theatrical release and the downstreams that come with it. If anything, theatrical is the advertisement for a movie’s longevity in subsequent home entertainment windows. Entering the conversation in 2023 were the streamers, such as Apple, who have also realized the necessity of theatrical to eventize their movies. The financial data pulled together here for Deadline’s Most Valuable Blockbuster Tournament is culled by seasoned and trusted sources.

Deadline’s Most Valuable Blockbuster tournament is back. While studios during Covid wildly embraced the theatrical day-and-date model when cinemas were closed, they soon realized there’s nothing more profitable than a theatrical release and the downstreams that come with it. If anything, theatrical is the advertisement for a movie’s longevity in subsequent home entertainment windows. Entering the conversation in 2023 were the streamers, such as Apple, who have also realized the necessity of theatrical to eventize their movies. The financial data pulled together here for Deadline’s Most Valuable Blockbuster Tournament is culled by seasoned and trusted sources.

Deadline’s Most Valuable Blockbuster tournament is back. While studios during Covid wildly embraced the theatrical day-and-date model when cinemas were closed, they soon realized there’s nothing more profitable than a theatrical release and the downstreams that come with it. If anything, theatrical is the advertisement for a movie’s longevity in subsequent home entertainment windows. Entering the conversation in 2023 were the streamers, such as Apple, who have also realized the necessity of theatrical to eventize their movies. The financial data pulled together here for Deadline’s Most Valuable Blockbuster Tournament is culled by seasoned and trusted sources.

Deadline’s Most Valuable Blockbuster tournament is back. While studios during Covid wildly embraced the theatrical day-and-date model when cinemas were closed, they soon realized there’s nothing more profitable than a theatrical release and the downstreams that come with it. If anything, theatrical is the advertisement for a movie’s longevity in subsequent home entertainment windows. Entering the conversation in 2023 were the streamers, such as Apple, who have also realized the necessity of theatrical to eventize their movies. The financial data pulled together here for Deadline’s Most Valuable Blockbuster Tournament is culled by seasoned and trusted sources.

Deadline’s Most Valuable Blockbuster tournament is back. While studios during Covid wildly embraced the theatrical day-and-date model when cinemas were closed, they soon realized there’s nothing more profitable than a theatrical release and the downstreams that come with it. If anything, theatrical is the advertisement for a movie’s longevity in subsequent home entertainment windows. Entering the conversation in 2023 were the streamers, such as Apple, who have also realized the necessity of theatrical to eventize their movies. The financial data pulled together here for Deadline’s Most Valuable Blockbuster Tournament is culled by seasoned and trusted sources.