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Walt Disney Promotions Soar After Mulan Movie Cancellation (Topic)

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Walt Disney Promotions Soar After Mulan Movie Cancellation

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Walt Disney shares surged in value after it was announced that Mulan would bring Disney + streaming to viewers, and the latter had surpassed 60 million subscribers, and the total number of subscribers to the company's digital platforms turned out to be more than 100 million. This information is available to the publication Variety.

The share price is said to have risen by 10 percent immediately after investors learned of these encouraging results. Separately, it is emphasized that the company hoped to achieve such a number of Disney + subscribers no earlier than 2024.

Recall that initially Walt DIsney planned to release the movie "Mulan" in the summer of 2020. But after several chart changes due to market uncertainty, decided to abandon the usual scheme. Later it was announced that the tape will be released on the Disney + platform, while it will not be distributed through a regular subscription, but will be available for viewing for an additional $ 30.

A number of rental networks have announced that they are disappointed with this decision studios.

The Topic of Article: Walt Disney Promotions Soar After Mulan Movie Cancellation.
Author: Jake Pinkman


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