American Invest Hub
  • Politics
  • Investing
  • Business
  • Latest News

American Invest Hub

  • Politics
  • Investing
  • Business
  • Latest News
Business

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

by admin May 10, 2024
May 10, 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
Dave & Buster’s plan to allow betting on arcade games draws scrutiny

Related Posts

Willow Bay, Bob Iger to take controlling stake...

July 18, 2024

These two stocks reporting earnings soon typically beat...

October 20, 2024

South Korean officials raise alarms over DeepSeek AI...

February 6, 2025

The US debt spiral is underway. Markets just...

July 7, 2025

US stocks open lower: Dow down 240 points,...

April 13, 2025

Nikkei 225 forecast: Sony, Softbank, Honda, Rakuten, Mitsui...

May 11, 2025

Is it safe to buy the Enterprise’s share...

November 25, 2024

UAW challenges Mercedes-Benz union vote, asks NLRB for...

May 28, 2024

USDT issuer Tether eyes investment in Italian media...

March 27, 2025

China opens Chancay port in Peru, boosting influence...

November 16, 2024

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


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

    Latest News

    • How Donald Trump’s immigration crackdown may tank the labor market

      August 4, 2025
    • Trump’s tariff threat looms over India’s Russian oil deals

      August 4, 2025
    • Trump moves nuclear submarines near Russia: what triggered the move and what’s ahead

      August 3, 2025
    • BOE rate cuts offer little relief as UK households face mounting financial strain

      August 3, 2025
    • Retail investors shift focus to Europe as US valuations stretch

      August 3, 2025

    Categories

    • Business (3,563)
    • Investing (2,695)
    • Latest News (2,031)
    • Politics (1,530)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: americaninvesthub.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 americaninvesthub.com | All Rights Reserved