Brent Lang Executive Editor of Film and MediaDaniel Loeb is calling on the Walt Disney Company to suspend its dividend and reinvest the money in acquiring and producing new content for its streaming services At the same time, the Third Point hedge fund chief argues that Disney should take more of its upcoming blockbusters and place them on Disney Plus, suggesting that streaming services and not theatrical exhibition are the future of movies “Just this week, Regal Cinemas shuttered all its US operations and physical theaters.
While we all share a certain sadness and nostalgia for this eventuality, I am sure that people felt similar emotions about horse-drawn carriages when the automobile was first introduced,” Loeb writes in a letter to.
Read more on variety.com
Get the latest stars news and celebrity rumours with exclusive stories, photos, videos and interviews.
Breaking up, scandals, engagements, divorces, gossip – all you need to know about the private lives of your favorite celebs.
Get to know the latest showbiz news along with exclusive interviews and even more. All this is waiting for you on the main page 24 hours a day, 7 days a week! Who, where, when, with whom, how, why and for what!? Stay tuned to know first!
Just follow us daily and we will provide you with the current news from the life of famous stars and celebrities.
Owner: SNOWLAND s.r.o.
Registration certificate 06691200
Address:
Snowland s.r.o.
16200, Na okraji 381/41, Veleslavín, 162 00 Praha 6
Czech Republic
©2024. All rights reserved.