Disney’s CEO says the pandemic has permanently changed movie release strategies ...Middle East

Quartz - Economy

After the pandemic forced Disney to radically rethink how it releases movies, the company now says some of those changes will be permanent.Bob Chapek, Disney’s CEO, acknowledged that because of the Covid-19 pandemic, consumers are too “impatient” to wait months and months after movies leave theaters before they’re available on at-home platforms. “They’ve had the luxury of an entire year of getting titles at home pretty much when they want them,” Chapek said at a Morgan Stanley media conference yesterday. “I’m not sure there’s going back.”Chapek’s comments suggest recent changes to the Hollywood business model are here to stay, even after the pandemic allows theaters to return to normal opera

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Last updated : 02 March 2021 clock 09:15 PM

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Disney’s CEO says the pandemic has permanently changed movie release strategies ...Middle East

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