scorpio516 wrote:
Grant.Reuter wrote:
M~ wrote:
windywave wrote:
M~ wrote:
Possibly: https://www.forbes.com/...l-over/#6444180e75c4
Personally I think he is off the mark. I don't see it as an either/or situation but more of an additional service. Especially at the price point of 6.99. I don't see people flocking away from Netflix to go to Disney. I see people adding Disney to their list of subscriptions. Netflix has a tonne of original content I will stick around for.
Netflix is more than 6.99.
I think he's right on target personally
I realize Netflix is more. My point is 6.99 on top of Netflix is still a great deal over cable or other streaming avenues.
What lost me in the article is his theory about Disney releasing a movie on their streaming site the same day it comes out in theatres. This tells me he really didn't think this through too much. Does Disney not like ticket sales? Concession merchandising? Even if it came out on their streaming service the same day AND they charged extra on their streaming site to see it, I still don't think they would be ahead doing that.
You’re always going to have people go to the movies but Disney only gets a certain percentage of ticket sales. Currently it’s huge 65% for some of their blockbusters but still 65% of zero is still zero because a lot of people don’t want to go out to movies because of the cost.
If they had the option of 15 bucks to watch it when it came out at home, vs having to spend 40 in tickets for you and your family to go to a theater it’s a very viable option for a lot of people.
I don’t know it it nets them more money in the long run, but it is a possibility, that I don’t think he’s far off the mark on.
Typically major releases (i.e. Disney) get 100% of ticket sales for the first 2-4 weeks, then it drops off quick. The distributor gets zero of the concession sales - thats the only way the theatres stay in business.
So disney has billions and billions of reasons NOT to stream on the same day. They'd be stupid to do so. The top 3 disney movies so far this year have already made $1.3B in the US alone ($4.098B worldwide, but local distributors have to get a cut somewhere).
Last year Disney profited $3B on movies alone (on $10B in revenue). But they profited $4.4B on their parks and $6.6B on ABC/ESPN/etc (on $20B and $24B in revenue)
I find that somewhere from incredibly unlikely to impossible.
https://www.google.com/...e-last-jedi/%3famp=1
A year and a half ago it was a huge deal for Disney to want 65 percent. Unless you have something to back that stat up I doubt they raised it to 100 percent it would be major news.
Also you’re missing my point. There is a large segment of people that aren’t going to movies right now. 100 percent of zero dollars spent is still zero. It may be worth it to release also on streaming even if it pulls some people from the theater if it adds a few million people who want to watch when it comes out.
Last edited by:
Grant.Reuter: May 24, 19 17:43