The animated film "Encanto" will be released on the big screen on November 24 and will not appear on Disney's on-demand video platform until December 24, the company said in a statement. The decision was eagerly awaited by traditional cinemas after the entertainment giant recently chose to release a series of big productions such as "Black Widow", "Jungle Cruise" and "Cruella" on its Disney+ platform, diverting part of their revenue. In mid-August, Disney boss Bob Chapek said he favoured "flexibility" and the ability to "follow the consumer wherever he goes". During a presentation of the company's financial results, he said "when theaters reopened, there was immense reluctance from the public to return". Warner Bros studio has also been heavily criticized for its decision to release all of its new movies for the rest of the year on its HBO Max platform.

Source: Dhaka Tribune September 11, 2021 07:41 UTC