The Walt Disney Company (NYSE:DIS) reported first-quarter financial results Wednesday, beating analyst estimates for earnings and missing on revenue.
CEO Bob Iger shared several company announcements during an appearance on CNBC and Disney’s conference call.
Taylor Swift Exclusive: One of the biggest stars of the last two years is Taylor Swift. The musician released a record-breaking “Taylor Swift: The Eras Tour” concert film in theaters in 2023 through a partnership with AMC Entertainment Holdings (NYSE:AMC).
Iger announced the concert film will stream exclusively on Disney+ on March 15. The film will be the “Taylor’s Version” of the concert film with the inclusion of the song “Cardigan” and four other songs that were not part of the original theatrical or digital releases.
The movie grossed over $180 million domestically and more than $260 million worldwide during its theatrical run. The movie broke records both domestically and globally for concert films.
Nick Saban Joins ESPN: Disney announced Wednesday that former Alabama football coach Nick Saban will join ESPN as an on-air commentator. Saban retired from Alabama at the conclusion of the 2023 NCAA Football season and is one of the top ranked college football coaches of all time.
Saban will work as an ESPN analyst providing coverage for the NFL Draft and SEC Media Days. Saban will also be included in ESPN’s “College GameDay” coverage.
‘Moana 2′ in Theaters: Originally planned as a series for Disney+, a follow-up to the hit film “Moana” is now being turned into a sequel film set for theatrical release on Nov. 27.
The sequel follows the 2016 hit that grossed $248.8 million domestically and $687.2 million worldwide.
“Moana remains an incredibly popular franchise, and we can’t wait to give you more of Moana and Maui when ‘Moana 2′ comes to theaters this November,” Iger said.
The sequel is said to provide a new voyage for Moana and Maui, along with other characters.
Disney said “Moana” had over 1 billion hours streamed on Disney+ last year and is the most-streamed movie of 2023 across all streaming platforms.
Iger said a live-action movie for Moana remains in development.
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