Disney unveils plans to stream a galaxy of new series, films

Disney Plus
Posted at 1:19 PM, Dec 12, 2020
and last updated 2020-12-12 13:21:45-05

NEW YORK- — The Walt Disney Co. unveiled a galaxy’s worth of new streaming offerings on Thursday, including plans for 10 “Star Wars” series spinoffs and 10 Marvel series that will debut on Disney+.

But even as Disney emphasized its expanding streaming portfolio, the company said it remains dedicated to releasing many of its big-budget spectacles in movie theaters.

In a virtual presentation for investors, Disney chief executive Bob Chapek laid out super-sized ambitions for it direct-to-consumer efforts, leaning heavily on some of the company’s biggest brands.

Chapek said Disney+ subscribers worldwide have reached 86.8 million, up from 74 million last month.