In more news triggered by the Coronavirus outbreak, Disney has announced yet another movie that will be released early (VERY early) into streaming platforms. Following their rushed release of "Frozen 2" to the Disney platform earlier this week, Disney has announced that "Onward" will be coming to Movies Anywhere for streaming starting at 8pm EST tonight (in the US)! That is only two weeks after its theatrical premiere!
As if that wasn't enough, they've also announced that it will be available to Disney subscribers starting on April 3rd (also in the US). Will this become the new norm? Will studios be forced to release their films to home platforms early just to recoup some of their original investments? With no end in sight for many countries dealing with this crisis, that may be the case.
If you're not very familiar with this movie, here's the trailer.
JoseQ's Look at this Thing
I can't imagine many scenarios where a studio releases a big title onto a streaming platform that quickly. Pixar movies are not really the B-catalog type movie. Neither was Frozen 2 for that matter. Both of those moves likely leave millions upon millions of dollars off the table for Disney (DIS). Cinemas will also be feeling a huge drop in revenue this year as a result. On the plus side for Disney, they will likely earn a lot of new subscribers to their relatively recent streaming platform.