Illustration by Tracie Ching for The Hollywood Report on 20/09/2018
Bob Iger from Disney sat down with Matthew Belloni from The Hollywood Reporter and Franklin Armstrong Collective made a geek cheat sheet for those who may not have time to read the whole piece. In the interview Iger discusses Disney’s new streaming service, their plans for the competition and the different brands under the Disney umbrella.
- Kevin Feige will oversee Marvel as a whole.
- Direct Iger Quote: “It only makes sense for Marvel to be supervised by one entity. There shouldn’t be two Marvels.“
- Disney will be slowing down on Star Wars output. Iger takes responsibility for “a little too much too fast”
- Disney needs to be truly global in nature
- Consumers are moving away from channel watching and towards a more brand loyal model
- Disney streaming services will focus on quality over quantity (since they already have the quantity with their recent acquisitions)
- The pivot in structure is to focus on having access to different distribution models
- Disney is pulling away from licensing revenue from 3rd parties (streamers and broadcasters such as Netflix and TBS)
- This will cause a ripple in the 2019 fiscal bottom line
- Disney board already aware and supporting the plan, they understand long-term goals vs short-term payout