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. <\/p>\n
CEO Bob Iger made the announcement as Disney shares plunged 8% in trading Tuesday after Disney released its quarterly earnings.<\/p>\n
Just one Marvel film will be released this year: ‘Deadpool and Wolverine’ starring Ryan Reynolds and Hugh Jackman, scheduled for a July 26 release. <\/p>\n
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.<\/p>\n
Disney also has Marvel content in the works for Disney+, including projects related to Black Panther and Spider-Man \u2014 but no release dates yet.<\/p>\n
‘I\u2019ve been working hard with the studio to reduce output and focus more on quality,’ Iger said on the company’s earnings call Tuesday. <\/p>\n
‘That\u2019s particularly true with Marvel. … Some of what is coming up is a vestige of basically a desire in the past [to] increase volume. We\u2019re 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\u2019re working hard on what that path is.’ <\/p>\n
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. <\/p>\n
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.<\/p>\n
While Iger ultimately won the vote, Tuesday’s results could spark new fears that the company may take longer to reach its financial goals. <\/p>\n
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.<\/p>\n<\/p>\n
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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: <\/p>\n","protected":false},"author":1,"featured_media":2926,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[22],"tags":[],"class_list":{"0":"post-2925","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business"},"_links":{"self":[{"href":"https:\/\/digitaltradecenter.com\/index.php\/wp-json\/wp\/v2\/posts\/2925","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/digitaltradecenter.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/digitaltradecenter.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/digitaltradecenter.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/digitaltradecenter.com\/index.php\/wp-json\/wp\/v2\/comments?post=2925"}],"version-history":[{"count":0,"href":"https:\/\/digitaltradecenter.com\/index.php\/wp-json\/wp\/v2\/posts\/2925\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/digitaltradecenter.com\/index.php\/wp-json\/wp\/v2\/media\/2926"}],"wp:attachment":[{"href":"https:\/\/digitaltradecenter.com\/index.php\/wp-json\/wp\/v2\/media?parent=2925"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/digitaltradecenter.com\/index.php\/wp-json\/wp\/v2\/categories?post=2925"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/digitaltradecenter.com\/index.php\/wp-json\/wp\/v2\/tags?post=2925"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}