If you think that the favorite movie that marked your childhood will not be continued, know that disney will provide other good times! Last Wednesday, February 8, Bob Iger, CEO of Disney, said that successful film releases will continue in the first three months of this year. The novelty is valid for Toy Story, Frozen and Zootopia.
Loss of interest in Disney productions
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This will be a form of improvement for Disney, as the company has been facing low public demand for old movies on the Disney+ application or on the small screen of movie theaters. The company has been losing subscribers to the streaming platform with a frequency that was not expected.
The continuation of the great films will move the economy of Walt Disney, as stated by the CEO of the company. The Deadline website reported that the CEO intends to lay off about seven thousand employees of the company to be able to replace what he has lost. This is even a matter of urgency.
Other negative surprises also reached Walt Disney, such as the launch of Lightyer (2022), a Toy Story spin-off that did not reach public interest.
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The production of sequels is already more than certain, but there is still no release date. What the company expects is to be able to see the numbers flying at heights, as it always has been.
"We'll have more to share about these productions soon, but it's a great example of how we're leaning into our unrivaled brands and franchises," said the CEO.
The reason to follow up on the three films is totally justifiable. Toy Story was first released in 1995 and can be considered a timeless film as it reaches people of different ages with incredible ease. The last movie was released in 2019, when the company hit $1.07 billion at the box office.
Frozen, released in 2013, was a huge phenomenon. The saga continued in 2019, with a profit of $1.45 billion. The same happened with Zootopia, launched in 2016, guaranteeing a profit of US$ 1.02 billion.
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