The average consumer cares a lot more about Disney content based on their IP than Netflix’s. Could Netflix release any of its originals in theaters and gross over a billion?
There is much more excitement about Disney series based on their IP than Netflix’s
Not to mention that parents will get Disney just for their kids to have access to the Disney library.
Netflix has been offering originals since 2013. Since then, Disney has had 13 1 billion dollar grossing movies and has five studios that are proven capable of making sustainable hits. Small studios like Ghibli aren’t going to compete with that.
Besides, for Disney, streaming is “a feature not a product”. They can afford to put more money into content because they have more ways to monetize.
Pixar has been making blockbusters since 1995. Buzz Lightyear is hitting theaters this year based on a character that was introduced almost 30 years ago.
LucasFilms has been making Blockbusters since 1977.
Marvel based blockbuster movies have been successful since 1998.
Disney itself has a stream of evergreen animation that goes back to 1937 (Snow White). Little girls still dream about being “Disney princesses”.
Making hit movies is expensive. Disney isn’t solely dependent on its streaming revenue to make money, unlike Netflix.
Netflix has had direct streaming competition for a long time, and has lots of it now; their paid subscriber base in US & Canada is over half the number of households in those countries.
