December 11, 2020
Once a year, Disney gathers its investors and tells them what’s ahead. This year, our minds were blown.
The COVID pandemic has seen all sorts of shifts in Hollywood. We’ve extensively covered the HBO Max move to release movies online and in theaters at the same time, and we’ve shown the postponements from other studios.
Now, Disney had its chance to unveil its plan for investors, and it gave us a glimpse into the future of Hollywood and some trends to mark. In the hours since, Disney’s stock has been surging and the internet has been abuzz with the announcements and chatter.
Let’s look at what’s going on.
That was the tweet that started it all. In the subsequent hours, Disney tweeted out everything they had planned moving forward. The company announced a target of 100+ new titles a year for Disney+ and revealed a slate on everything they were already working on.
Bob Chapek, Chief Executive Officer, the Walt Disney Company, and Bob Iger, Executive Chairman and Chairman of the Board, led the virtual event.