https://www.mediaplaynews.com/says-ceo- ... ney-focus/
"Disney reported a Q1 operating loss of $212 million on revenue of $2.46 billion in its “content sales/licensing and other” segment, in part due to a dearth of home entertainment releases. The decrease in home entertainment results were due to lower unit sales of new release titles, reflecting fewer releases, and catalog titles.
Iger believes the push toward streaming theatrical titles undermined the licensing and retail businesses.
“Home video, at one point as we called it, was extremely lucrative for our company,” Iger said. “We’re looking at all of that [again].”
The CEO believes content can co-exist on traditional distribution platforms and streaming without damaging either due to differing platform audiences.
“It’s already clear to us that the content exclusivity that we felt would be so valuable in growing subscribers was not as valuable as we thought,” Iger said. “While eventually everything will migrate to streaming. We’re not there yet.”"
Took him some time, but Iger finally got it! The return of Disney on physical media is finally going to begin.
