When Disney bought the Hollywood studio: The first Christmas movie
- by admin
It’s time to put the festive spirit of Disney in your Christmas movie collection.
According to a report from Deadline, Disney bought Paramount Pictures in 2012, which made it easier for them to license movies from Disney for their own home entertainment platforms.
Now, Disney has all the licensing rights it needs to license movie content from Disney to its own movie theaters and other digital platforms, which is a big deal for movie studios that need to sell the content for profit.
“Disney is the one place where you can do this,” a source close to the deal told Deadline.
“If they have the licensing agreement and you have the license, you’re in business.”
That’s because Disney has an exclusive deal with the movie studios to license content for their platforms, and the studio can also use the licenses to distribute movies to consumers.
So, if you have an existing Disney movie collection, and you’re thinking of buying a new Disney movie that’s coming out in a couple of months, you might want to think twice.
“The Disney deal is a huge deal, but it’s also going to be an opportunity for some of the major players in the movie business,” a former Disney executive told Deadline, referring to Paramount and Universal Pictures.
“We can bring this movie into the Disney ecosystem with our existing libraries, which gives us a huge platform for the future.”
The new agreement also gives Disney the ability to create and distribute content for its own digital platforms.
So if you’ve got a bunch of old movies sitting around, or you just want to stream a new movie, Disney can easily do that.
And for movies that you might not want to watch on your TV, Disney doesn’t need to worry about getting your consent.
According the report, Disney is also planning to make some major content additions to its movie library, including a new digital service for TV and a streaming service for streaming movies and TV shows to the Internet.
Disney has been doing more than just licensing movies to theaters for a while now.
Last year, the studio also purchased Universal’s film library for $4.7 billion, including movies like Pirates of the Caribbean: Dead Men Tell No Tales and The Lord of the Rings: The Return of the King.
The deal also includes the rights to produce films for the Walt Disney Studios, which includes films like Frozen, Mulan and Pocahontas.
Disney is planning to spend $300 million to create a streaming video service that will allow consumers to watch the movies on their computers or mobile devices.
The company also announced plans to release new films in 2019, with the goal of becoming the “Netflix of movies.”
It’s time to put the festive spirit of Disney in your Christmas movie collection.According to a report from Deadline, Disney…
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