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Disney has made more money in the first seven months of 2019 than any studio has ever earned in a single year, bringing $ 7.67 billion to the global box office. It's a euphemism to call it a major achievement for the House of the Mouse. It's more of a testimony to Disney's power as a monolith.
But it's a feat that will inevitably not affect in 2020. 2019 is an anomaly for Disney. Much of this impressive number comes from the record-breaking success of Avengers: End of the game, which mobilized more than 2.8 billion dollars worldwide and usurped Avatar as the most profitable movie of all time. Captain Marvel was another exceptionally high income, the sixth most profitable Marvel film of all time, totaling $ 1 billion at the box office. Remakes of society The Lion King and Aladdin performed well at the box office (although Dumbo financial disappointment) and Pixar Toy Story 4 reported more than $ 900 million on its own. It was a major year for brand recognition and spin-offs.
The year 2020 of Disney is much less rich in expected films. There are some major titles from almost every major studio in the Disney subsidiary, including live adaptations of Mulan and 101 Dalmatians, Black Widow and The eternals from Marvel, and Forward of Pixar. None of those who have the cultural weight and the recognition of End of the game, The Lion King, or one Toy Story movie. West Side Story, New Mutants, Bob's Burgers, and The king's man, all of 20th Century Fox's recently acquired products will help complete the Disney year, but investors still expect Disney theatrical releases in 2020 to be far less successful than those of 2019.
Generally, a significant and highly visible drop in profits would be a major concern for Disney, but theatrical releases in 2020 will not be the company's main focus. Disney +, the company's streaming service, will be launched on November 12th. It will compete with other consumer-facing platforms such as Netflix, Amazon Prime Video, and WarnerMedia's HBO Max early in 2020. This is one of the largest companies Disney has undertaken in recent years. Rather than getting people out of movie theaters to watch movies (which they will continue to do), it's about getting them to spend $ 7 a month on another form of home entertainment.
Disney executives have thought about this. They transformed a number of theater titles into Disney + exclusives (the the Lady and the Tramp remake, Noelle) and removed almost all of the company's films and television series from streaming to allow their exclusive existence on Disney + Disney will suffer a financial blow by reserving titles like Lady and the homeless man exclusive to streaming, but the company is willing to accept this risk for a range of solid launches.
"Transferring theater titles to SVOD format could, at least in the short term, cost Disney more revenue lost than it would touch with the SVOD," badyst Matthew Bell writes. "But it does mean that Disney can ensure the success of its largest business unit in a jiffy. No other service has such strong cards.
Disney anticipates that it will have approximately 12 million subscribers in the US by the end of 2020. According to Morgan Stanley badyst Benjamin Swinburne, this number is expected to reach 60 to 90 million subscribers in the US. next five years. Variety. These are interesting numbers, but it will still take until 2024 for Disney + to make a profit, according to executives. And in a crowded market, full of consumers tired of separate streaming services, they will reach these numbers with a catalog of exclusive titles with a major attraction.
For the most part, Disney does not need a End of Game or Lion King in 2020. Just get these movies on Disney +. As Laura Martin, an badyst at Needham & Co., said Bloomberg In May, "It's a great empire now, so no movie affects it as much as it did before."
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