Disney announced that they will be holding an Investor Day on April 11 to highlight the upcoming Disney+ direct-to-consumer offering. Disney also restated their last three years of earnings to reflect the new organization of Disney (Parks, Experiences; & Consumer Products; Studios; Media Networks; and Direct-to-Consumer & International)
What They Are Saying:
- Bob Iger, Disney’s Chairman and CEO: “Our top priority is fully leveraging our global brands and great content to create world-class direct-to-consumer entertainment. We have the structure and management in place to drive growth in our DTC business, and our acquisition of 21st Century Fox further enhances our ability to deliver significant value to consumers and shareholders.”
- Iger on Disney’s streaming success so far: “Acquiring BAMTech enabled us to enter the DTC space quickly and effectively, as demonstrated by the success of ESPN+. The service surpassed one million subscribers in its first five months and continues to grow as it expands its content mix, all of which bodes well for our upcoming launch of Disney+.”
- Iger on the importance of direct-to-consumer initiatives: “The ability to connect directly with millions of Disney, Pixar, Marvel, and Star Wars fans creates tremendous opportunities for growth. In addition to leveraging our existing IP in new ways, we’re making significant investments in original content exclusively for Disney+, creating an impressive pipeline of high-quality movies and series we believe will make the streaming service even more compelling for consumers.”
What Disney Expects to Highlight at the Investor Day:
- A demonstration of Disney+
- A first-look at some of the original content being created by Disney’s television and film studios for Disney+
Some of the Content Coming to Disney+:
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