Disney reported Wednesday that its streaming growth slowed dramatically last quarter, sending shares of the company down as much as 8.5% on Thursday morning.
After keeping the company afloat during the pandemic, when theme parks and movie theaters were forced to close, the company’s streaming business has slowed.
Films like “Shang-Chi and the Legend of the Ten Rings” and “Eternals” are making pit stops in theaters instead of being released immediately on the service.
Fear not: for, behold, Disney+ is bringing consumers good tidings of potential hit shows and films this holiday season that could change the narrative.
“The Book of Boba Fett,” a new Star Wars series, will premiere exclusively on the service on December 29.
“Hawkeye,” starring Jeremy Renner as the titular Avenger archer, is the latest in Marvel’s Disney+ series.
Then there’s “Encanto.” The Disney animated film will play in theaters over Thanksgiving, but not for long.
Disney dazzled fans and investors last December with its investor day presentation that went over everything in works for the company’s film, TV and streaming units.