2018 has been one of the biggest years ever for Disney, with huge box office takings for movies with massive hits like Avengers: Infinity War, Incredibles 2, Black Panther and many more. Disney have dominated the box office, pulling in over $7 billion and 2019 should be even bigger for the company with the purchase of 21st Century Fox.
Recently Disney CEO Bob Iger spoke with Jack Hough from Barrons, about the new Disney+ streaming service, where he discussed how they are still very happy with the existing movie release system works, as Disney+ won’t be taking anything away from having big-screen debuts.
“The most important thing for these executives is that they create great content for this platform. And I will know whether they have. When a movie opens up to $200 million, there’s a buzz it creates that enhances value, We like that.”
But there will be some movies that won’t be heading to cinemas, with Bob Iger adding
“[One] we’re making for the platform is a remake of Lady and the Tramp, there was not one discussion about whether we should make that for the big screen.”
While Disney+ is set to become the streaming home for Disney’s movies, which will include its brands like Star Wars, Marvel and Pixar, expect to see Disney dominate the box office.
And that doesn’t take into account what will happen once the purchase of 21st Century Fox is completed, since it’s already been confirmed that National Geographic content will be coming to Disney+, but other Fox related content will also be heading to Disney+ and Hulu. Though Disney will have to work around with an existing HBO, for 21st Century Fox movies after they’ve been to cinemas, which doesn’t expire until 2022. Though it’s expected the more edgier content from Fox will find its home on Hulu, but content like Avatar would be perfect for Disney+.
2019 will see some major movies released from Disney including Avengers: End Game, Toy Story 4, Star Wars: Episode 9, The Lion King and many more. So Disney is expected to maintain its box office dominance with its huge hits and offer huge clout to Disney’s new streaming service.
Do you like seeing Disney movies first on the big screen?