Disney Over the Top: Bob Iger Bets the Company (and Hollywood’s Future) on Streaming

Disney+ is set to launch on November 12th and should get a boost from the announcement that ≈ 50M Verizon subscribers will get their first year of the service for free!

Updated subscriber projections for Disney+ from MoffettNathanson:
1) 2019P – 8M (↑ 6M)
2) 2020P – 18M (↑ 8M)

Estimated losses from Disney+ between 2019-20:
1) 2019 – $4.1B
2) 2020 – $4.9B

FYI #1: Disney may have some extra cash in the couch cushions after becoming the first studio to have 5 movies top $1B+ in a single year.

FYI #2: Disney still has Frozen 2 and Star Wars: The Rise of Skywalker coming out this year, giving them a shot at 7!

h/t: to the team @ Morning Brew for putting this together!

Video: Disney CEO Bob Iger on Disney+ deal with Verizon and the future of the industry

More #1: Disney Plus: Launch dates, prices, preorders, shows and movies to expect

More #2: Inside Disney’s New York Stream Factory

More #3: The Slow-Burning Success of Disney’s Bob Iger

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