Everything Old Is New Again as Disney Feeds Its Streaming Beast
Bloomberg
12/12/2020
Kelly Gilblom and Christopher Palmeri
(Bloomberg) -- If you’re a Disney fan in any way, there was something for you in the company’s four-hour investor-day presentation this week.
The world’s largest entertainment company touted plans for dozens of new movies and TV shows -- and plans a surge in content spending to as much as $16 billion a year by 2024. Some 80% of the lineup is aimed at Disney’s growing array of streaming services.
On tap are 10 Star Wars series, including the first two spinoffs from the Disney+ streaming service’s hit “The Mandalorian.” There are 10 Marvel series, including projects with a deep bench of Black and female superheroes. Characters from recent films such as “Moana,” “Zootopia” and “Big Hero 6” are getting TV shows. Even Dug, the lovable dog from Pixar’s 2009 film “Up,” will get his own series.