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Walt Disney

  • Netflix is dramatically upping its content spend in 2021-to $17 billion-signaling that it will be making more bets on big movies and TV shows as it fights to fend off competitors like Disney Plus and HBO Max. Fast Company
  • The discount giant will nearly triple the number of Disney shops within its stores to more than 160 Target locations by the end of the year. Chain Store Age
  • Instead of enrolling 110 million new subscribers projected for the end of the last quarter, Disney counted 104 million.
  • Disney debuting all of its films simultaneously on its streaming service could potentially cut movie theater revenue in half. Tech Xplore
  • Disney jumped 4.6% in premarket trading after it topped Wall Street expectations for quarterly earnings as its streaming services picked up more customers than expected and pandemic-hit U.S. theme parks returned to profitability.
  • Both Netflix and Disney's Disney + attracted fewer streaming subscribers than expected in the first quarter, and Netflix actually shed subscribers in the U.S. and Canada in the second quarter. Digiday
  • The challenge for the likes of Netflix, Amazon and Disney will be to ensure a healthy pipeline of content and keep customers signed up. The Times
  • Two more of the world's biggest cruise lines - MSC Cruises and Norwegian Cruise Line - are restarting operations in North America this week and, in just a few more days, they will be joined by another significant cruise brand, Disney Cruise Line. The Points Guy
  • In the wake of Disney announcing that it will close linear channels in some countries, another of the major Pay TV channel groups, Discovery, has made it clear that it is totally committed to its linear channels. Euler Hermes
  • Streaming videos will not be a problem with Prime Video, Netflix, Disney Plus, Paramount Plus, HBO Max, Twitch, Hulu, and other premium channels available. TechRadar
  • The next big cultural upheaval will have Made in America stamped all over it once more: it will arrive when the great streaming services-Netflix, Disney Channel and now Amazon-MGM and Warner Discovery, already threatening established cinema and television everywhere - decide to get into sport. Oxford University Press
  • Walt Disney Co. plans to close 100 of its international TV channels in 2021 as it marches toward a future where streaming services such as Disney + are front and centre. BroadcastPro ME
  • By the end of the year it will have 31m subscribers in Asia, a little more than half as many as Disney +, estimates Media Partners Asia (MPA), a consultancy in Singapore. The Economist
  • Discovery is ready to spend big on content to let WarnerMedia match its rivals: it's planning to put $20 billion per year toward content, a number rivaling Netflix ($17 billion) and exceeding Disney (which plans to hit $ 14-16 billion by 2024). The Verge
  • Walt Disney Co. plans to close more than 60 of its North American Disney stores, eliminating roughly 20% of its global footprint, as it focuses more on e-commerce. Hindustan Times
  • Snap will build an app with Disney for Disney World visitors to incorporate AR into their photos and videos. dot.LA
  • Ampere said Disney + would overtake Amazon Prime Video in 2024 to become the world's second most popular streaming service. The Guardian
  • With the enactment of AVMSD directive, global platforms Netflix, Amazon Prime Video and Disney + are expected to invest €230 million into French production. IAB
  • Walt Disney is planning to ramp up its direct-to-consumer content, outlining plans it will spend between $14bn and $16bn across its Disney +, Hulu and ESPN + streaming platforms in fiscal year 2024. FDi Intelligence
  • Platforms such as Disney Plus, HBO Max, TikTok and more will be integrated with FaceTime, enabling users to explore their favorite video content together. Digital Camera World
  • Disney has accumulated 86.8 million subscribers since then and expects its number of subscribers to triple by 2024, which exceed the number of Netflix subscribers. Admirals

Last updated: 19 September 2021