Scarlett Johannson has announced this week that she has settled her lawsuit with Disney over profits on Black Widow. Leo says that the big question is "how much did Disney give her?" Rumors suggest that Disney may have cut a check around $40 million for the Marvel star, which is around what ScarJo would have made if the film had exclusively been released in theaters. And even in limited release, it was one of the most successful films of 2021 so far.
Actress Scarlett Johannson is suing Disney over their decision to simultaneously stream BLACK WIDOW at the same time the film has been released in theaters. Her position is that Disney violated her contract, which pays her most of her salary based on box office receipts. By releasing the film also on Disney+, even though it was behind the premium tier, she contends it cost her millions.
Emma Stone is also considering doing the same thing over CRUELLA.
During a four hour stream for its annual Investor Day, the Walt Disney Company executives previewed their slate of new content for Star Wars, Marvel, Disney, and National Geographic. Leo says the huge takeaway here is that Disney's upcoming slate is 80% streaming content. That's huge.
A few days later, it was reported that Disney+ streaming service will be raising its rates in 2021.
Disney has announced that Frozen 2 will be available on Disney+ three months early so that fans who are "self-quarantining," can enjoy the film sooner. Leo says that's good, free publicity.
You may have thought about cutting the cord in order to save some money, but you might miss out on your favorite cable news channels like CNN, NBC, etc. Youtube actually has a service called YoutubeTV that features Live TV from over 70 channels, including familiar brands like ESPN, Fox, and ABC. And it costs about $50 per month. Be wary, however, since trying to subscribe to too many internet streaming services like Disney+, Peacock, HBO Max, and Netflix, along with fast internet speeds, will end up costing about as much (or more) as the old cord life!
Disney+ launches November 12th, for $6.99 a month. This will include more than 25 original series and 10 original films, plus the entire Disney catalogue of 7500 TV episodes and 2500 films, content from National Geographic, Pixar, Marvel, Lucasfilm, Fox, ESPN, and more. Rich adds that Disney will also probably offer a bundled deal with HULU, which offers LiveTV as well.
Rich says that by comparison, that will put tremendous pressure on Apple and Netflix who are charging more.
Disney has released Disney Mix, a messaging app made for kids. Leo thinks that this could be an attempt at getting a new generation of brand loyalty to Disney, much like Sony did with its "My First Sony" Walkmen. This is a good idea for kids under 13 that want to use messaging. The app not only has messaging capabilities, but games, you can make meme-style images, share stickers, and more. Disney has a series of community rules about staying safe and staying respectful to others. There's also moderation, and Disney will ban any users from misusing the app.
Scott Wilkinson chimes in on the Disney decision to pull its titles from iTunes and Amazon. Scott says that the user agreement for iTunes says that it is the responsibility of the user to keep and backup the titles they purchase, and not rely on streaming or leaving it up in the cloud. Leo says that just underscores the myth that people "own" a movie they buy. We really don't own them, we own a license to view them. If the content provider wants to pull the title, it can.
With their upcoming streaming deal with Netflix, Disney has taken steps to pull select titles of Disney and Pixar films off of iTunes and Amazon. Leo says that the worst part of this development is that those who purchased the films from iTunes and Amazon are unable to download them or stream them, even though they paid for them. Hopefully, Disney will come to its senses and give them some sort of accommodation.
Leo discusses this further with Scott Wilkinson a little later on in the show.