No Way Home represents the peak, in my opinion. It is only downhill from here. Bob Iger very recently acknowledged D+ needs more content. I can't imagine Marvel movies making bank a 5-10 years from now.
It was great exploring an idea with superhero movies precisely because it was a new feeling. CGI came around just at the right time. Now nostalgia can't run things forever, the kids now don't have any anyway because they were not around back then. It is amazing how Disney was able to sell its service to so many adults but that's going away.
Quoting Bloomberg :
Wall Street, meanwhile, is growing skeptical that the company’s flagship streaming service, Disney+, will hit Chapek’s target of as many as 260 million subscribers in 2024. Disney shares are down about 16% this year, heading toward their worst annual performance since 2008. Morgan Stanley said the stock is suffering from a “crisis of confidence.”
Nolan saw this from far away and called out streaming services for their attempt to temporarily profit off stock fluctutation ("Their decision makes no economic sense and even the most casual Wall Street investor can see the difference between disruption and dysfunction").
“The biggest problem that Disney is facing is Disney+ right now,” said Porter Bibb, a veteran media investor. “It’s not a profit segment. It’s kind of stalling in terms of subscribers. And it’s a question mark whether you can put a supremely popular and winning streamer together with comic book characters that keep getting recycled over and over again.” (from yesterday article)
Sources say WarnerMedia insiders have been hoping that Disney will follow its lead and shift its slate to streaming. But Disney, which had seven billion-dollar-grossing movies last year, isn’t about to do that. (from December last year)
It was great exploring an idea with superhero movies precisely because it was a new feeling. CGI came around just at the right time. Now nostalgia can't run things forever, the kids now don't have any anyway because they were not around back then. It is amazing how Disney was able to sell its service to so many adults but that's going away.
Quoting Bloomberg :
Wall Street, meanwhile, is growing skeptical that the company’s flagship streaming service, Disney+, will hit Chapek’s target of as many as 260 million subscribers in 2024. Disney shares are down about 16% this year, heading toward their worst annual performance since 2008. Morgan Stanley said the stock is suffering from a “crisis of confidence.”
Nolan saw this from far away and called out streaming services for their attempt to temporarily profit off stock fluctutation ("Their decision makes no economic sense and even the most casual Wall Street investor can see the difference between disruption and dysfunction").
“The biggest problem that Disney is facing is Disney+ right now,” said Porter Bibb, a veteran media investor. “It’s not a profit segment. It’s kind of stalling in terms of subscribers. And it’s a question mark whether you can put a supremely popular and winning streamer together with comic book characters that keep getting recycled over and over again.” (from yesterday article)
Sources say WarnerMedia insiders have been hoping that Disney will follow its lead and shift its slate to streaming. But Disney, which had seven billion-dollar-grossing movies last year, isn’t about to do that. (from December last year)