Thrifty Banker
  • Politics
  • Business
  • World
  • Investing
  • Politics
  • Business
  • World
  • Investing

Thrifty Banker

Business

Disney to limit Marvel movie releases each year as it doubles down on ‘quality’

by May 9, 2024
May 9, 2024
Disney to limit Marvel movie releases each year as it doubles down on ‘quality’

Disney will release no more than three Marvel films and up to two Disney+ shows each year as it works to place more focus on quality output.

CEO Bob Iger made the announcement as Disney shares plunged 8% in trading Tuesday after Disney released its quarterly earnings.

Just one Marvel film will be released this year: ‘Deadpool and Wolverine’ starring Ryan Reynolds and Hugh Jackman, scheduled for a July 26 release.

The next Marvel film, a Captain America sequel, won’t be released until at least February, according to Disney’s latest earnings presentation. ‘Thunderbolts,’ a film focused on Captain America sidekick Bucky Barnes, is scheduled for May 2025.

Disney also has Marvel content in the works for Disney+, including projects related to Black Panther and Spider-Man — but no release dates yet.

‘I’ve been working hard with the studio to reduce output and focus more on quality,’ Iger said on the company’s earnings call Tuesday.

‘That’s particularly true with Marvel. … Some of what is coming up is a vestige of basically a desire in the past [to] increase volume. 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, to the maximum three, and we’re working hard on what that path is.’

Disney reported quarterly revenues of $22.1 billion, short of Wall Street expectations; Disney+ subscribership of 153.6 million also failed to hit analysts’ targets.

It was the company’s first earnings report following a tumultuous vote on whether to continue down a course led by Iger, who faced a challenge from outside investors critical of the company’s performance.

While Iger ultimately won the vote, Tuesday’s results could spark new fears that the company may take longer to reach its financial goals.

Iger also announced that the company intends to derive significant revenues from limits on Disney+ password-sharing. It has already begun limiting sharing on its Hulu platform, and it previously signaled account-sharing restrictions would start rolling out in June.

This post appeared first on NBC NEWS
0
FacebookTwitterGoogle +Pinterest
previous post
The great wealth transfer has started — but millennials, Gen Z may not inherit as much as they anticipate
next post
Trump Super PAC to join TikTok with @MAGA handle

Related Posts

Netflix maintained its 2025 guidance. That may not...

April 21, 2025

Government workers dismayed by Trump’s return-to-office mandate

January 27, 2025

IMAX CEO expects $1.2 billion in box office...

February 23, 2025

The Body Shop shuts down in the U.S....

March 13, 2024

5 new Uber features you should know —...

May 15, 2025

Private payrolls increased by 192,000 in April, more...

May 2, 2024

Macy’s turnaround hinges on revamping some stores and...

March 7, 2025

Private equity firms circle Peloton for potential buyout

May 8, 2024

Money worries push some shoppers to tighten budgets...

November 25, 2023

Dollar Tree is exploring a sale of its...

June 6, 2024

    Sign up for our newsletter to receive the latest insights, updates, and exclusive content straight to your inbox! Whether it's industry news, expert advice, or inspiring stories, we bring you valuable information that you won't find anywhere else. Stay connected with us!


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Popular

    • 1

      Top 10 Countries for Natural Gas Production (Updated 2024)

      April 6, 2024
    • 2

      Trump-era China sanctions ended by Biden may be revived under new House GOP bill

      June 27, 2024
    • 3

      Top 10 Uranium-producing Countries (Updated 2024)

      April 18, 2024
    • 4

      A GOP operative accused a monastery of voter fraud. Nuns fought back.

      January 3, 2025
    • 5

      Australian abolitionist, Grace Forrest, receives coveted ‘Freedom from Fear’ award

      April 13, 2024
    • 6

      LME Sanctions on Russian Metal Push Copper, Nickel and Aluminum Prices Higher

      April 17, 2024
    • 7

      Blinken, ahead of China visit, calls out Beijing’s ongoing ‘genocide’ against minority Muslims

      April 23, 2024

    Categories

    • Business (1,027)
    • Investing (2,041)
    • Politics (2,977)
    • Uncategorized (20)
    • World (3,341)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: thriftybanker.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 thriftybanker.com | All Rights Reserved