Disney to cap Marvel output at 3 movies per year to focus on ‘quality’
NY Post
Disney said it will release no more than three Marvel movies and up to two Disney+ shows each year as it focuses on “quality” following criticism that the company has been cranking out too many mediocre superhero flicks.
The Mouse House said Tuesday its Disney+ and Hulu streaming platforms squeezed out their first-ever quarterly operating profit of $47 million.
Nevertheless, the company gave a disappointing outlook for its theme parks business, sending its shares tumbling more than 10% in midday trades.
Disney CEO Bob Iger — who fended off a proxy contest from billionaire investor Nelson Peltz barely a month ago — told analysts that just one Marvel film will be released this year, “Deadpool and Wolverine,” starring Ryan Reynolds and Hugh Jackman, slated for a July 26 debut.
The next Marvel flick, a Captain America sequel, won’t be released until February 2025, Iger said. The third Marvel movie, “Thunderbolts,” which is focused on Captain America sidekick Bucky Barnes, is scheduled for May 2025.
The media giant will also produce Marvel films and shows for Disney+, including content related to “Black Panther” and “Spider Man.” No release dates have been made public yet.
