IMAX Enhanced Marvel Universe
Disney’s DIS Disney+ is set to debut Queen Rock Montreal for global streaming on May 15, building on its successful run in IMAX theaters. The concert film, enhanced with IMAX technology and DTS sound, captures Queen’s live performance at its zenith, promising an electrifying experience for subscribers on IMAX Enhanced certified devices.
Marvel aficionados have reason to celebrate as Disney+ also introduces IMAX Enhanced sound for 18 beloved Marvel films. From Avengers: Infinity War to Thor: Love & Thunder, viewers can now immerse themselves in the action like never before, with select sequences in IMAX’s expanded aspect ratio.
Historical Collaboration Resurrected
The collaboration between Disney Entertainment and IMAX dates back over a decade to 2010 when the Marvel Cinematic Universe first graced IMAX screens. Since then, Marvel films have been synonymous with the IMAX experience, featuring sequences shot entirely with IMAX digital cameras for a visual spectacle that captivates audiences globally.
Disney’s Streaming Ambitions Soar
Disney+ is on track to release a compelling lineup of shows in the latter half of 2024, anticipated to draw in audiences. Titles such as Doctor Who, The Beach Boys and Jim Henson Idea Man, The Acolyte, Marvel’s Agatha, and Ironheart are poised to bolster the company’s subscriber base in the coming quarters.
The Zacks Consensus Estimate for Disney’s fiscal 2024 paid subscribers on Disney+ stands at 157.13 million, signaling a year-over-year growth of 4.61%. Earnings estimates are pegged at $4.66 per share, indicating a 23.94% increase year-over-year.
Competition in the Streaming Universe
Although Disney faces fierce competition from industry giants like Warner Bros. Discovery (WBD) and Amazon (AMZN) Prime, the company remains steadfast in its quest for streaming dominance. Warner Bros. Discovery plans to release highly anticipated blockbuster movies, such as Venom 3 and Red One, with the potential to attract large audiences and boost revenues significantly.
Amazon Prime is also making strides in the streaming sphere, emerging as a formidable rival. With upcoming projects like Música, Fallout, and How to Date Billy Walsh, Amazon Prime aims to captivate audiences and solidify its position in the market.
Disney’s Defense Strategy
To fortify its position, Disney+ integrates Hulu content within the Disney+ App. This strategic move combines the extensive libraries of Disney+ and Hulu, offering a treasure trove of beloved characters and award-winning content to subscribers.
Zacks Names “Single Best Pick to Double”
Amidst the streaming wars, Disney remains a key player, striving to elevate the streaming experience for audiences worldwide. The incorporation of IMAX technology and the unveiling of a captivating content lineup signal Disney’s commitment to delivering top-notch entertainment. As the battle for viewership intensifies, only time will tell which streaming giant emerges victorious.