Disney CEO Bob Chapek is saying that he doesn’t think the old way of releasing movies is ever going to come back. During a little Q&A session at the Morgan Stanley Technology, Media, And Telecommunications Conference. Chapek explained that people have gotten used to “the luxury of an entire year of getting titles at home pretty much when they want them.” But the Disney CEO doesn’t want to “cut the legs off a theatrical exhibition run,” but it’s clear that he’s not convinced that people will even want that anymore now that they know the studios are willing and able to release big movies online through their dedicated streaming platforms.
Is “going to the movies” still an entertainment ritual for you?
Voting Ends: Never



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