Mickey Mouse Clubs the Competition
With Disney+ as a 100+M Subscriber base, the Mouse House doesn’t give in to Cinemark and walks away from Raya movie fans. The theaters open up the theaters are filling up, but the capacity holds back healthy returns for distributors, so studios are finding pre-pandemic deals that may fall short.
The Walt Disney Company also dominates in SVOD space. Netting half the number of Netflix subs in 12 months and crashing the server with WonderVision Finale. “Disney’s vision complements the distribution formats with the content.” - Tim Thompson
Universal Pictures takes two, with #FF9 by pushing the release date after July 4th. And Peacock TV Comcast/Universal/NBC’s AVOD platform, shows a big (but “projected”) loss with a $914M loss in launching the platform brings on only $118M in ad revenue.
