That was the theme of Walt Disney Co.’s presentation to shareholders on Thursday, as it revealed the product at the center of the 96-year-old company’s future: Disney+. Disney expects to have 60 million to 90 million Disney+ subscribers globally by fiscal 2024, which is when Hulu may also finally turn profitable. But the biggest surprise was that Disney+ will have all the Star Wars films, which required a deal with AT&T Inc.’s Turner business for I can’t even imagine how much money. Disney had sold the rights to past Star Wars films to Turner, so it probably needed to pay up big time to win those back. The question remains, when and how will Disney+ someday be just Disney?

Source: Washington Post April 12, 2019 10:07 UTC