This is why Disney is genius. They recognized early on the importance of owning brands and IP.
One thing this article doesn't touch on is streaming. Owning content & IP is even more important when you also own a platform, like a streaming service.
I don't know if we can say Disney is genius for being early in recognizing this. It had been happening for a while. Comcast had begin merging with NBCU in 2009...
> All of this is a world — probably ten years away, maybe less — where you go to a theater to see a handful of films each year. The tentpoles. Everything else goes right to your living room. The tadpoles.
I don't think this is the case for theaters. HMDs are already pretty decent for mono and stereoscopic movie watching. Even social aspect of movie going can be covered this way. Even eventual volumetric video would be better in room-scale rather than theater-scale. And pandemic did major damage too for the reputation of cinemas. Oh, and there is also this big reason why Super8, VHS, BluRay and eventually streaming won over competing standards.
4DX completely ruined my experience seeing the new Avatar. What an absolute joke. My girlfriend kept getting tossed out of her seat so I had to help hold her in. I bursted out laughing when two people in the movie shook hands and everyone’s seats rocked up and down with the motions of the hand “shake”. It’s kind of amazing that they actually followed through with such an unbelievable awful idea.
One thing this article doesn't touch on is streaming. Owning content & IP is even more important when you also own a platform, like a streaming service.
I don't know if we can say Disney is genius for being early in recognizing this. It had been happening for a while. Comcast had begin merging with NBCU in 2009...