Disney is preparing another live-action Star Wars spinoff as it looks to lure viewers to a new video streaming site. The media giant announced the plans as it reported a record financial year, boosted by box office hits such as the Incredibles 2 and Ant-Man and the Wasp. Executives cited the Star Wars series as an example of the new investments they are making in content as the firm shifts its focus to online streaming. The move follows increased competition from giants such as Netflix. "We're looking at the marketplace, we're seeing disruption and we're reacting to it, hopefully on a timely basis so we can take advantage of the trends," chief executive Robert Iger said. Disney earned record annual results this year, making profits of nearly $12.6bn on $59.4bn in revenue. In the three months to 29 September, Disney earned $14.3bn in revenue, up 12% year-on-year, while profits rose 33% to $2.3bn. Its performance was boosted by the studio division, whose revenues jumped 50% in the … [Read more...] about Disney reports record results as it flags up new Star Wars
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Disney’s new streaming service will be called Disney+ and will feature new live-action series from the Star Wars and Marvel universes, Disney announced on Thursday during its fourth quarter earnings call. Disney’s movies will be removed from Netflix starting next year, and its much-anticipated service will launch in late 2019. Star Wars series will star Diego Luna as Rebel spy Cassian Andor and will follow his adventures during the formative years of the Rebellion that lead up to the adventures in Rogue One: A Star Wars Story. Lucasfilm is developing the series, which will go into production next year. No release date was announced. Also in production is a live-series centered on Loki, the god of mischief from the Marvel Cinematic Universe, which will star Tom Hiddleston. These projects join already announced titles for Disney+ including The Maldorian, another Star Wars series that Jon Favreau is writing and executive producing; a series set in the world of Pixar’s … [Read more...] about You’ll need Disney’s streaming service to see a new Star Wars series
Matt Denton is a British animatronics engineer who has made robots for “Star Wars,” “Harry Potter,” and “Jurassic World.” Denton was one of two engineers that built BB-8, the roller-ball droid from the new “Star Wars” films. He has also built a giant spider-like vehicle named Mantis, the world’s largest hexapod robot. Mantis can be driven from within a pod at the centre of its legs, moving at a gentle 1 km per hour. Animatronics engineer Matt Denton has worked on some pretty mindblowing projects. He’s built special effects robots for “Star Wars,” “Harry Potter,” and “Jurassic World.” But his latest project may just be his most ambitious yet. Denton has created a huge, six-legged driveable robot that has been compared to a spider. And it’s won him a Guinness World Record. Denton was interested in robotics from an early age, “I was mad for technical Lego,” he told … [Read more...] about The man who built ‘Star Wars’ droid BB-8 has created a giant rideable robot spider — here it is in action
Disney CEO Bob Iger has reconsidered his “Star Wars” release strategy in the wake of the disappointing box-office performance of May’s “Solo: A Star Wars Story.” Iger told The Hollywood Reporter in a new interview that “Star Wars” fans can expect “some slowdown” in the production of the series. It appears the disappointing box-office performance of “Solo: A Star Wars Story” has led Disney CEO Bob Iger to reconsider his release strategy for the “Star Wars” film series. Iger told The Hollywood Reporter in a new interview that “Star Wars” fans can expect “some slowdown” in the production of the series, which saw two films, “Solo” and “Star Wars: The Last Jedi,” released in the span of five months this past year. While 2017’s “The Last Jedi” grossed $US1.33 billion worldwide and received critical acclaim, the “Solo” spin-off fell … [Read more...] about Disney’s CEO says you should get ready for a ‘slowdown’ on ‘Star Wars’ films
Published July 01, 2018 Markets Motley Fool Facebook Twitter Comments Print Walt Disney's (NYSE: DIS) Solo: A Star Wars Story is now destined to go down as a flop and the first Star Wars film to lose money at the box office. Following the picture's disappointing performance, reports emerged that Disney had put the development of all Star Wars spin-off films temporarily on hold. Subsequent reports suggest that a complete halt for all of the franchise's side stories isn't in the cards, but it seems likely that the company is reconsidering the franchise trajectory following the recent bouts of negative feedback. Star Wars no longer looks like the unstoppable media property it appeared to be less than a year ago, and a change of course is needed. Continue Reading Below A disturbance in The Force More than a month after the film's release, Solo's box office sits at roughly $350 million worldwide. That might not sound too bad, but with an estimated $250 million … [Read more...] about Is Disney’s “Star Wars” Universe Imploding?