Disney’s distribution and commercialization activities will also be centralized into a single, global organization that will be responsible for delivering and monetizing content in “the most optimal way” across all of the company’s various streaming services, including Disney+, Hulu, ESPN+ and the coming Star international streaming service.
Disney Plus Spotlight: October 2020
The global coronavirus (COVID-19) pandemic has impacted several of Disney’s revenue streams, including the organization’s media and entertainment businesses. A number of planned theatrical releases have been rescheduled in the release calendar or moved over to the ever-growing content library on the company’s Disney+ streaming service.
It was recently announced that the upcoming Pixar film Soul would skip its theatrical release and head straight to Disney+ this holiday season, debuting exclusively on the streaming service on December 25. This is the third major Disney film to forego theaters in lieu of Disney+ after the release of Artemis Fowl on June 12 and Mulan on September 3, which was made available as a premium-access title.
Adele Ankers is a Freelance Entertainment Journalist. You can reach her on Twitter.