Home Business Disney to debut remainder of 2021 movies solely in theaters By Reuters

Disney to debut remainder of 2021 movies solely in theaters By Reuters

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© Reuters. FILE PHOTO: A display screen exhibits the emblem and a ticker image for the Walt Disney Firm on the ground of the New York Inventory Change (NYSE) in New York, U.S., December 14, 2017. REUTERS/Brendan McDermid

(Corrects spelling of Colombia in paragraph 3)

By Lisa Richwine

LOS ANGELES (Reuters) -Walt Disney Co mentioned on Friday it should launch “Eternals,” “West Aspect Story” and the remainder of its 2021 movies solely in theaters earlier than sending them to streaming, a present of confidence that moviegoing will rebound.

The corporate had experimented throughout the pandemic with debuting some motion pictures on the Disney+ streaming service on the similar time they ran in theaters. Cinema operators have been intently watching how Disney, which has dominated film field places of work in recent times, would deal with its upcoming slate because the Delta variant slowed audiences’ return to multiplexes.

Disney mentioned in a press release that animated musical “Encanto” will play in theaters for 30 days beginning Nov. 24 and head to Disney+ simply earlier than Christmas. The movie tells the story of a household who stay in a magical home within the mountains of Colombia. It contains music written by “Hamilton” creator Lin-Manuel Miranda.

All different Disney releases, together with Marvel film “Eternals” in November and Steven Spielberg’s revival of “West Aspect Story” in December, will play solely in cinemas for no less than 45 days, the corporate mentioned.

Disney’s most up-to-date movie, Marvel’s “Shang-Chi and the Legend of the Ten Rings,” simply set a Labor Day weekend document with $94.7 million in ticket gross sales at U.S. and Canadian theaters. The movie, that includes a predominantly Asian solid together with Simu Liu and Awkwafina, performed solely at cinemas.

However moviegoing for the yr stays properly beneath pre-pandemic ranges. Theater chains together with AMC Leisure (NYSE:), Cineworld Plc and Cinemark Holdings (NYSE:) Inc are relying on massive fall and winter titles to lure prospects again.

Disney’s different 2021 movies are historic drama “The Final Duel” and animated comedy “Ron’s Gone Improper” in October, and motion spy movie “The King’s Man” in December.

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