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Coronavirus May Force Disney to Reevaluate Streaming Strategy
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variety.comBy Brent Lang Executive Editor of Film and Media Movie theaters may be closed due the coronavirus pandemic, but The Walt Disney Company says it still believes that cinemas are a critical component in the rollout of its big blockbusters.
However, Walt Disney Company CEO Bob Chapek did acknowledge that the disruptions caused by the public health crisis may require the company to send more movies to its streaming service Disney Plus or to have them debut on premium video-on-demand (PVOD). “We very much believe in the value of the theatrical experience overall for large blockbuster movies,” Chapek told analysts and investors on Tuesday. “We also realize that either because of changing and evolving consumer dynamics or because of certain
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