Disney reveals its plans and expectations for 2024
[email protected] (MummyChunk)
| Newsgroups | alt.disney |
|---|---|
| Message-ID | <[email protected]> |
The Walt Disney Company, one of the world's leading entertainment and media conglomerates, has shared some of its goals and expectations for the upcoming year in its latest earnings call. The company is looking to improve its performance and growth in various areas, such as streaming, sports, film, and experiences. Streaming: Disney+ continues to be a huge success for the company, reaching over 200 million subscribers worldwide and winning five Golden Globe Awards. The company also announced plans to launch a bundle service with Hulu and ESPN, which will offer a one-app experience and parental controls. This is expected to happen in spring 2024. Sports: The company is aiming to turn ESPN into the preeminent digital sports platform, by integrating key features into its primary ESPN offering. One of the big news is that ESPN and NCAA reached a new, eight-year media rights agreement, which will give ESPN exclusive rights to the College Football Playoff, the Men's and Women's Final Four, and more. This is a huge deal for sports fans, and it will boost ESPN's ratings and revenue. Film: The company is looking to improve the output and economics of its film studios, by producing more original and diverse content across its brands and platforms. Some of the upcoming movies that are anticipated are Soul, Turning Red, and Luca, which are all Pixar animated films that will be released on Disney+. There are also live-action remakes of Lady and the Tramp, Home Alone, and Tim Burton's The Nightmare Before Christmas, which are all slated for 2024. Experiences: The company is aiming to turbocharge its growth in this area, by investing in new attractions, experiences, and technologies across its parks and resorts. Some of the projects that are scheduled for 2024 are Tiana's Bayou Adventure, a new update for the Country Bear Jamboree, a reimagining for TestTrack at EPCOT, and an expansion for Disneyland's Haunted Mansion. There is also speculation that the company will announce something big for the 100th anniversary of the company, which is coming up in 2024. The Disney 100 Years of Wonder celebration is expected to attract millions of fans and customers around the world, who will be able to enjoy the rich legacy and impact of Disney through various media and platforms. The company has also launched a social media campaign with the hashtag #Disney100, inviting people to share their favorite Disney memories and stories. Additionally, the company has partnered with several charitable organizations, such as Make-A-Wish, to support children and families in need. The celebration will culminate with a spectacular event on July 26, 2024, the same day as the opening ceremony of the 2024 Summer Olympic Games in Paris, France. The event will feature a live broadcast of the ceremony, as well as a special performance by some of the most iconic Disney characters and celebrities. The event will also honor the legacy of Walt Disney, the visionary founder of the company, who passed away in 1966. The Disney 100 Years of Wonder celebration is a once-in-a-lifetime opportunity for fans and customers to celebrate the magic and wonder of Disney, and to look forward to the next 100 years of storytelling, innovation, and entertainment. View the attachments for this post at: http://www.jlaforums.com/viewtopic.php?p=658801740#658801740