Reportedly, Walt Disney Co (DIS), announced to release of the rest of its 2021 films exclusively in theaters before streaming them on Disney+, strengthening hope for theatres to rebound. Earlier during the pandemic, the entertainment giant had released some movies on its streaming service and theaters at the same time.
Disney informed that the animated musical “Encanto” will play in theaters for 30 days starting Nov. 24 and will stream on Disney+ just before Christmas. All other Disney releases, including the Marvel movie “Eternals” in November and Steven Spielberg’s revival of “West Side Story” in December, will play exclusively in cinemas for at least 45 days before being streamed on Disney+.
Even though, the moviegoing for the year remains well below pre-pandemic levels. Theater chains including Cineworld Plc, AMC Entertainment, and Cinemark Holdings Inc are expecting to lure customers back during the fall and winter holidays.
Dow 30 Component, The Walt Disney Company (DIS), and its subsidiaries is a diversified worldwide entertainment company that operates in four business segments: Studio Entertainment, Media Networks, Parks and Resorts, and Consumer Products & Interactive Media. To learn more about this Dow 30 Component, The Walt Disney Company (DIS), and to continue to track its progress please visit the Vista Partners Walt Disney Company, Coverage Page.
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