×

Disney’s Bob Iger Shuns Early Home Movie Releases

Unlike its rival movie studios, Disney is not looking at an early premium video-on-demand window for theatricals, according to Chairman-CEO Bob Iger.

The executive made that point emphatically on Tuesday during a conference call with Wall Street analysts following the release of its earnings for the second quarter that ended on March 31. He said Disney’s upcoming slate is so strong with big tentpoles — with the “Star Wars,” Marvel, and Pixar franchises — that he does not see the need for an early window.

“We’re not in advanced conversations for a premium VOD window,” Iger said. “We don’t really believe there is a need for us to move that product off of the big screen any faster than we already are. The movies we make are perfect for consumption on the big screen. We’ve also created global phenomenon with our films. People seem to want to go seem them en masse.”

Other studios have been holding closed-door talks about offering high-profile films on-demand as $30 to $50 rentals within a month or so of their debuts, as a chance to capture audiences between the ages of 25 and 39. But no one went public with the notion during the CinemaCon gathering in late March in Las Vegas.

Iger said Tuesday said that he would be “open-minded” about a shorter premium VOD window. “What we’ve got going is working. We have no reason to disrupt that right now. We are making movies that people want to see in the large screen venues that are being built worldwide,” he added.

Disney has been dominating the movie business since last year, when it took in 57% of worldwide profits from the business, according to estimates by Cowen and Co. The studio racked up nearly $3 billion in domestic receipts from blockbusters such as “Finding Dory,” “Rogue One: A Star Wars Story,” and “Captain America: Civil War.”

Disney’s two 2017 releases have performed impressively. “Beauty and the Beast” has surpassed $1 billion worldwide, and “Guardians of the Galaxy Vol. 2” opened to a massive $145 million at the domestic box office last weekend.

More Film

  • BOTM-Eve-Viper-Gang

    Director Angus Gibson: My Audience is ‘Young, Black South Africans’

    DURBAN–Sophiatown, 1958. On the outskirts of Johannesburg, as the apartheid police prepare to demolish the community at the heart of black South African cultural and intellectual life, a notorious gang leader is determined to make a last stand. Resisting the forced evictions that will transport the residents of Sophiatown to a desolate township miles away, [...]

  • marvel

    Marvel Phase 4 Plan Revealed, But Comic-Con’s Big Winner is Disney Plus

    In a triumphant return to the San Diego Comic-Con main stage, leadership at Marvel Studios managed some splashy surprises and showed off risky creative bets for the next two years of content coming from the superhero operation. But the biggest takeaway from the Saturday presentation inside Hall H was how important Marvel will make Disney [...]

  • Florence Pugh, O. T. Fagbenle, Rachel

    'Black Widow': Scarlett Johansson and Florence Pugh Go Head-to-Head in First Footage

    Marvel’s “Black Widow” has only been in production for a month, but studio president Kevin Feige still delivered the goods for fans at San Diego Comic-Con on Saturday. Filmmakers brought an intense sizzle reel of on-location shots, kicked off by a dazzling and bone-crushing fight sequence between lead Scarlett Johansson and her on-screen sister Florence [...]

  • Natalie Portman Thor

    Natalie Portman Returns for 'Thor: Love and Thunder' as Female Thor

    Natalie Portman is coming back to the Marvel Cinematic Universe, but she’s no one’s love interest this time around. The Oscar winner will play a female god of thunder in the fourth film from the Chris Hemsworth series, titled “Thor: Love and Thunder.” Portman hit the stage at San Diego Comic-Con on Saturday to great [...]

  • Fantastic Four

    New 'Fantastic Four' Movie in Development at Marvel

    Marvel is going back to the Fantastic Four. Marvel Studios chief Kevin Feige announced that a new movie based on the superhero group is in the works at San Diego Comic-Con on Saturday. Further details, however, including a release date, were not revealed. It marks the first Fox property for Disney to mine since the [...]

  • Mahershala AliMarvel Studios panel, Comic-Con International,

    Mahershala Ali to Star in Marvel's 'Blade' Reboot

    Marvel is rebooting the “Blade” series, and has cast Mahershala Ali to star. Marvel Studios chief Kevin Feige announced the news at Comic-Con on Saturday as the panel’s big ending surprise. Ali also took the stage at the announcement to massive applause, donning the Blade baseball cap. Wesley Snipes previously played the half-vampire superhero in [...]

  • Doctor Strange

    'Doctor Strange' Sequel Billed as First MCU Horror Film at Comic-Con

    A sequel to “Doctor Strange” was announced as expected on Saturday at Marvel’s Comic-Con panel — what we didn’t see coming was the tone. Director Scott Derrickson said the film, titled “Doctor Strange in the Multiverse of Madness,” will mine the original comics and play up “the gothic, the horror.” Derrickson said it will lead [...]

More From Our Brands

Access exclusive content