Disney+ Is So Successful It Doesn't Need Exclusive Film Releases Anymore
Disney's (NYSE: DIS) decision to exclusively release to theaters its remaining 2021 movie slate wasn't just because cinema had sufficiently rebounded to support stand-alone feature films, but also because its Disney+ streaming service has become such a massive success it doesn't need to artificially prop it up any further.
Beginning with The Last Duel's release on Oct. 15, Disney will provide theaters with a 45-day window of exclusivity for a string of movies before they appear on the Disney+ service.
While it touted its summer lineup success that saw five of the top eight biggest domestic releases come out of its studio as the rationale behind the change, it's also clear Disney hitting the milestone of 116 million streaming subscribers means it is so successful it doesn't need to funnel films to the service to get people on board.
Source Fool.com
