These form the foundation of the coming Disney+ streaming service, which CEO Bob Iger will discuss in detail at an investor day Thursday on Disney’s manicured studio lot in Burbank, California. Disney and Fox together account for 47% of the top 100 films of all time, based on domestic box office. Nathanson predicts Disney+ will attract 7.1 million subscribers in its first year, growing to nearly 24 million by the end of fiscal 2022. Iger shifted course in 2017, announcing that Disney would pull its content from Netflix and launch its own service in 2019. It also gave Disney a controlling interest in Hulu, a streaming service jointly owned with Comcast’s NBCUniversal and AT&T’s WarnerMedia, which has amassed 25 million subscribers.

Source: Forbes April 11, 2019 13:08 UTC