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Added on the 14/10/2020 09:53:16 - Copyright : Wochit
The Coronavirus is surging throughout the US. In response, Warner Brothers is pushing "Wonder Woman 1984" to streaming. The film will begin streaming on HBO Max for a month starting December 25. That's the same day it hits theaters where they are open. Other studios may begin to embrace streaming for tentpole movies, including Marvel's "Black Widow." A source familiar with Disney's thinking said that "everything is in consideration" for Disney Plus.
After several tumultuous months, the quirky short-form video streaming service Quibi is calling it a day. Following earlier reports that Quibi had been courting potential buyers, company leadership appeared to be looking to offload the service onto someone else. Quibi bet big on its so-called Turnstyle technology that lets mobile users see two different perspectives depending on their phone’s orientation. But on Wednesday, Quibi founder Jeffrey Katzenberg notified investors that he was indeed shutting the service down mere months after launching in April. Gizmodo reports Katzenberg has repeatedly blamed the pandemic for Quibi’s failure to launch. However, Quibi failed to meet viewers where they preferred to watch--particularly after the launch of rival services like Peacock and HBO Max.
Netflix CEO Reed Hastings said that Disney+'s ability to cope with the pandemic and release new content is "super impressive." According to Business Insider Hastings is hoping that Netflix can catch up with Disney's family animation content, like "Soul." Netflix said it plans to expand on its 200 million subscribers as it improves it explores new distribution avenues.
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