Disney reveals its plans and expectations for 2024

[MummyChunk]

The Walt Disney Company, one of the world's leading entertainment and
media conglomerates, has shared some of its goals and expectations for
the upcoming year in its latest earnings call. The company is looking
to improve its performance and growth in various areas, such as
streaming, sports, film, and experiences.

Streaming: Disney+ continues to be a huge success for the company,
reaching over 200 million subscribers worldwide and winning five
Golden Globe Awards. The company also announced plans to launch a
bundle service with Hulu and ESPN, which will offer a one-app
experience and parental controls. This is expected to happen in spring
2024.

Sports: The company is aiming to turn ESPN into the preeminent digital
sports platform, by integrating key features into its primary ESPN
offering. One of the big news is that ESPN and NCAA reached a new,
eight-year media rights agreement, which will give ESPN exclusive
rights to the College Football Playoff, the Men's and Women's Final
Four, and more. This is a huge deal for sports fans, and it will boost
ESPN's ratings and revenue.

Film: The company is looking to improve the output and economics of
its film studios, by producing more original and diverse content
across its brands and platforms. Some of the upcoming movies that are
anticipated are Soul, Turning Red, and Luca, which are all Pixar
animated films that will be released on Disney+. There are also
live-action remakes of Lady and the Tramp, Home Alone, and Tim
Burton's The Nightmare Before Christmas, which are all slated for
2024.

Experiences: The company is aiming to turbocharge its growth in this
area, by investing in new attractions, experiences, and technologies
across its parks and resorts. Some of the projects that are scheduled
for 2024 are Tiana's Bayou Adventure, a new update for the Country
Bear Jamboree, a reimagining for TestTrack at EPCOT, and an expansion
for Disneyland's Haunted Mansion. There is also speculation that the
company will announce something big for the 100th anniversary of the
company, which is coming up in 2024.

The Disney 100 Years of Wonder celebration is expected to attract
millions of fans and customers around the world, who will be able to
enjoy the rich legacy and impact of Disney through various media and
platforms. The company has also launched a social media campaign with
the hashtag #Disney100, inviting people to share their favorite Disney
memories and stories. Additionally, the company has partnered with
several charitable organizations, such as Make-A-Wish, to support
children and families in need.

The celebration will culminate with a spectacular event on July 26,
2024, the same day as the opening ceremony of the 2024 Summer Olympic
Games in Paris, France. The event will feature a live broadcast of the
ceremony, as well as a special performance by some of the most iconic
Disney characters and celebrities. The event will also honor the
legacy of Walt Disney, the visionary founder of the company, who
passed away in 1966.

The Disney 100 Years of Wonder celebration is a once-in-a-lifetime
opportunity for fans and customers to celebrate the magic and wonder
of Disney, and to look forward to the next 100 years of storytelling,
innovation, and entertainment.

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