Will Disney Keep Releasing Films On Premier Access?
Walt Disney's (NYSE: DIS) annual report provides some additional details about how its direct-to-consumer streaming services generate revenue. One area that Disney experimented more with over the past year was its Premier Access premium video on demand offering, which allows Disney+ subscribers to watch some films the same day Disney releases them in theaters.
Disney says subscribers paid $933 million for its on-demand releases last year, which also include UFC pay-per-view (PPV) events on ESPN+. That's a 70% increase from the year before, but investors need more context to determine whether they should be happy with that result.
Image source: Walt Disney.
Source Fool.com
