I'm sorry, but you guys are all so wrong. Most, if not all, industry experts are all ready calling it.
Watch this video and get back with me. Look at those numbers...
https://youtu.be/PA2zU7CuNPk Disney made 11 billion dollars in profit in 2019, that includes EVERYTHING they own (theme parks, movies, merchandise, etc). Netflix has 193 million global subs, which gives them 23 billion dollars in revenue. But they spent 14 billion on licensing fees. 10 billion on original content, 4 billion in sales and operating costs. So Netflix in 2019 actually lost money here. But Netflix will be fine.
So Netflix in 2019 $
$ 23 billion dollars revenue
-14 billion licensing fees
-10 billion original content
- 4 billion operating costs
Equals a 5 billion dollar loss (but again netflix will be fine overall).
Now plug in those Disney plus numbers. If they get Netflix level subs (which bringing in the MCU films will do). It's projected that by 2023 Disney plus will have over 200 million subs.
Disneys overall profit in 2019 11 billion
Disney projected profit on Disney plus (once they get Netflix's level of subs) is 24 billion.
But here's the kicker, they DONT have any licensing fees. 10 billion on original content (films and shows), operating costs 7 billion.
$24 billion
- 7 billion operating costs
-10 billion in films and shows
Equals a profit of 7 billion dollars. Which that's just Disney plus!!! Again Disney made 11 billion off of everything in 2019. So they have the potential to make the same or more off of streaming than they do off of cinemas.
I know a lot of you are rooting for theaters because of the experience, I get that. But your backing the losing horse. These are ACTUAL numbers, actual statistics. Warner brothers dropped the gauntlet, Disney will follow suit (people are already expecting Disney to announce Black Widow on Disney Plus as soon as Dec 10). Once Disney makes the shift, it's game over man. Paramount will follow suit, and that just leaves Sony and Universal. Universal cant because they signed a contract with AMC earlier in the pandemic. So they are left out at the moment. Paramount has their own service. So that really only leaves Sony. I'm telling you guys now, expect Afterlife on Netflix. Itll be in theaters as well, but it'll be on Netflix.
Bottom line, more money can be made via streaming than was EVER made in cinemas.