Disney is banking on a password crackdown and spate of sequels as it pushes to make its streaming business profitable.
The company, which is under pressure as audiences move away from traditional pay-TV and cinema, said it was on track to meet its goals after new subscribers and price rises helped to narrow losses in its streaming business.
2 of those came out in 2020 and Raya was still during COVID, so it’s really not fair to lump those in. I was mostly talking about the movies they released just last year, their big 100th year. Indy 5, Wish, The Marvels, Ant-Man 3. None of them did as well as Disney needed.
Meanwhile movies about long-established toys like Mario and Barbie each made a billion+, and people were willing to go see a 3-hour docu-drama about a scientist. So we know it’s not the “people don’t go to the theaters anymore” excuse. People just aren’t getting dressed to watch crap and that’s what Disney’s been known for lately.