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Disney stock hits all-time high thanks to streaming strength

New York (CNN Business) — If it wasn't abundantly clear that content is king, especially in the Covid-19 era, Disney hammered that point home Thursday when it previewed dozens of new series and movies for its Disney+ streaming service. And investors are loving it. Shares of Disney (DIS) jumped 13%...
STOCKS
Picture for Disney stock hits all-time high thanks to streaming strength
CNET

Disney Plus reveals new Marvel, Star Wars originals -- and a price hike

Disney Plus will raise its US subscription price by $1 in March, bringing it to $8 a month, Disney said Thursday as it unleashed a flood of news about its streaming services at a four-hour event. Disney laid out plans for as many as 20 new Marvel and Star Wars series, promised to let animation fans stream animated fantasy Raya and the Last Dragon the same day it hits theaters (for $30 extra), and revealed a new bundle that packages ad-free Hulu with Disney Plus and ESPN Plus for $19 a month.
TV & VIDEOS
Washington Post

‘I didn’t make it’

ORLANDO — “Dear Cast Member,” the late October layoff notice began. Flaviana Decker, 44, retreated to her living room couch and tried to stop her tears before her eldest daughter, due home from school any second, burst through the door. Her 14-year career as a Disney World waitress was over.
POTUS
The Verge

Disney Plus is increasing its price to $8 a month starting in March 2021

Disney Plus is following Netflix and introducing a $1 price hike for subscribers in the United States, raising it to $7.99 a month. The move comes after a lengthy presentation showing what Disney is bringing to Disney Plus. The price hike will begin on March 26, 2021, coming in at $7.99 per month or $79.99 per year. Also, the Disney Bundle — that has Disney+, Hulu, and ESPN Plus — will see a $1 increase to $13.99 a month.
TV & VIDEOS
StarWars.com

Future Lucasfilm Projects Revealed

Today at The Walt Disney Company’s Investor Day event, Lucasfilm president Kathleen Kennedy announced a staggering number of new films, series, and surprises that will expand the Star Wars galaxy like never before. Rogue Squadron. The next Star Wars feature film will be Rogue Squadron — directed by Patty Jenkins...
MOVIES
The Verge

Disney finally revealed the real Disney Plus

By the end of Disney’s four-hour event, which felt like an amalgamation of a San Diego Comic-Con Hall H panel and an Apple keynote, executives made one thing clear: we can do this because we’re Disney, and we’re Disney because we can do this. A reminder of what transpired on...
BUSINESS
thecut.com

Is Disney World Photoshopping Masks Onto Its Maskless Guests?

Let’s check in on how Disney World is doing, five months after it reopened its gates to the public during a massive spike in COVID-19 cases in Florida. When it reopened, Disney announced an array of new safety measures: Parks would operate at limited capacity and all guests over the age of 2 were required to wear masks; plexiglass partitions and hand-sanitizing stations were installed throughout, and guests who were not wearing masks on rides would not receive their pictures afterward. Well, unless a mask was Photoshopped on, of course.
PUBLIC HEALTH
Deadline

Bob Iger Says Disney Will Always Prioritize Content “Quality Over Volume”

Walt Disney executive chairman Bob Iger promised the company will always prioritize “quality not volume” as he introduced executives and content that he’s been overseeing as a kind of creative content czar around the world since he left the CEO post earlier this year. “When I stepped down,” he said,...
BUSINESS
The Verge

Disney moves live-action Pinocchio, Peter Pan & Wendy to Disney Plus

Disney is moving a couple of its 2021 movies to Disney Plus and seemingly removing them from theaters in an effort to bolster its streaming service. Peter Pan & Wendy and the live-action adaptation of Pinocchio are heading to Disney Plus as streaming originals, Disney Studios head Sean Bailey announced tonight at a streaming event. Disenchanted, a sequel to the studio’s 2007 film, will also debut on Disney Plus alongside Sister Act 3. More are likely to be announced as Disney figures out its plans moving into 2021.

Lin-Manuel Miranda will write the music for Disney's 'Encanto'

(CNN) — Lin-Manuel Miranda has signed on to write the music for Walt Disney Animation Studios' new animated feature "Encanto." "Encanto takes you to Colombia, where a magical family live in a magical home," Disney announced on Twitter. The story centers on young girl whose family possesses special powers but...
MOVIES

Disney Investor Day Preview: What to Expect From Disney Plus, Theatrical Windows, Theme Parks

Thirteen months ago, Walt Disney shook up the entertainment world with the launch of Disney Plus, its heavyweight entrant into the subscription-video-on-demand arena: The turn into 2020, after all, was supposed to lead to the Year of the Streaming Wars. Little did anyone know that the months ahead would knock Hollywood — and just about every other industry — back on its heels as a frightening pandemic swallowed everyone’s best-laid plans.
BUSINESS
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