Disney Plus Day Hopes to Boost Subscribers With New Content

Samson Amore

Samson Amore is a reporter for dot.LA. He holds a degree in journalism from Emerson College. Send tips or pitches to samsonamore@dot.la and find him on Twitter @Samsonamore.

Disney Plus Day Hopes to Boost Subscribers With New Content
Shutterstock

Disney is banking on spin-offs of "Star Wars" and Marvel universes to help boost subscribers to its streaming services. On Friday, the entertainment giant rolled out its plans for the upcoming years including bringing the already debuted "Shang-Chi" and "Jungle Cruise" to Disney Plus.

Two years after it launched, Disney Plus has become a key piece of the Disney content portfolio, and while its executives remain optimistic the service will hit 230 million to 260 million subscribers in the next three years, this quarter Disney Plus failed to keep pace with Netflix's growing consumer base.


CEO Bob Chapek said during Disney's earnings call this week that the company isn't ready to give up on box office releases, but that it'll continue a hybrid strategy of releasing some films directly to Disney Plus others in theaters, and some simultaneously.

When many theaters shuttered during the pandemic, Disney released the blockbuster "Black Widow" on the big screen and on its app at the same time. The move sparked a breach of contract lawsuit from its star Scarlett Johansson, who settled out of court in September — but the incident raised concerns about Disney's longer-term theatrical release strategy.

Chapek said his plan is to get theatrically released content onto Disney Plus from theaters as fast as possible.

"We're sticking with our plan of flexibility," Chapek said during the earnings call. "We're still unsure in terms of how the marketplace is going to react when family films come back with a theatrical first window."

In 2022 Disney will release a torrent of content, heavily loaded with spin-offs, that will go straight to streaming on Disney Plus.

The lengthy list of planned shows Disney announced during its Disney Plus Day Nov. 12 include a "Star Wars" show called "Obi-Wan" that sees Ewan McCregor reprising his role as the master Jedi facing down Darth Vader and a Boba Fett origin story show called "Under the Helmet;" Marvel shows including "She-Hulk," Ms. Marvel" and "Moon Knight;" an animated show about the original X-Men called "X-Men '97;" and a "Guardians of the Galaxy" holiday special directed by James Gunn. There'll also be a three-part Beatles docu-series from "Lord of the Rings" director Peter Jackson called "Get Back" that begins streaming on Thanksgiving.

"You'll notice that the films we are putting into the marketplace that are theatrical and are family films have a fairly short window," Chapek continued, "We're doing that so we can get our films quicker to Disney Plus, but at the same time, see if the theatrical market can kick back into full gear as we prime the pump with these films."

Disney announced a handful feature length films that will go straight to Disney Plus, including a sequel to the 2007 film "Enchanted" called "Disenchanted" with Amy Adams and Patrick Dempsey which will debut in fall 2022. "Scrubs" star Zach Braff will star in a reboot of the classic comedy movie "Cheaper by the Dozen" with Gabrielle Union and Bette Midler, Sarah Jessica Parker and Kathy Najimy will reprise their roles as the Sanderson Sisters in "Hocus Pocus 2," premiering this fall.

In its first year after launch Disney Plus hit 95 million subscribers, which the company initially said was its target for 2024. Despite the rush of momentum at launch, growth has continued at a much slower pace and if Disney Plus can't keep pumping out fresh, compelling content, it could risk losing valuable users.

In its third quarter earnings reported earlier this week, Disney recorded 179 million paid subscribers across Disney Plus, ESPN and Hulu -- compared to 214 million paid members at Netflix.

The company created Disney Plus Day as a way to showcase new content after an unusually slow production year because of pandemic delays, and remind people of the work still going on inside the Mouse House.

The pandemic continues to impact Disney's ability to push out content, which it desperately needs. The reported "significant disruptions in the production and availability of content."

Disney was steadily tweeting out its announcements throughout the day, so check their Twitter for a more comprehensive list of upcoming content.

https://twitter.com/samsonamore
samsonamore@dot.la
🤠Musk Picks Texas and 🔥Tinder AI Picks Your Profile Pictures
Image Source: Tinder

🔦 Spotlight

Tinder is altering dating profile creation with its new AI-powered Photo Selector feature, designed to help users choose their most appealing dating profile pictures. This innovative tool employs facial recognition technology to curate a set of up to 10 photos from the user's device, streamlining the often time-consuming process of profile setup. To use the feature, users simply take a selfie within the Tinder app and grant access to their camera roll. The AI then analyzes the photos based on factors like lighting and composition, drawing from Tinder's research on what makes an effective profile picture.

The selection process occurs entirely on the user's device, ensuring privacy and data security. Tinder doesn't collect or store any biometric data or photos beyond those chosen for the profile, and the facial recognition data is deleted once the user exits the feature. This new tool addresses a common pain point for users, as Tinder's research shows that young singles typically spend about 25 to 33 minutes selecting a profile picture. By automating this process, Tinder aims to reduce profile creation time and allow users to focus more on making meaningful connections.

In wholly unrelated news, Elon Musk has announced plans to relocate the headquarters of X (formerly Twitter) and SpaceX from California to Texas. SpaceX will move from Hawthorne to Starbase, while X will shift from San Francisco to Austin. Musk cited concerns about aggressive drug users near X's current headquarters and a new California law regarding gender identity notification in schools as reasons for the move. This decision follows Musk's previous relocation of Tesla's headquarters to Texas in 2021.

🤝 Venture Deals

LA Companies

LA Venture Funds

LA Exits

  • Penguin Random House agreed to acquire comic book publisher Boom! Studios from backers like Walt Disney Co. - learn more

Download the dot.LA App

Top LA Accelerators that Entrepreneurs Should Know About

Los Angeles, has a thriving startup ecosystem with numerous accelerators, incubators, and programs designed to support and nurture new businesses. These programs provide a range of services, including funding, mentorship, workspace, networking opportunities, and strategic guidance to help entrepreneurs develop their ideas and scale their companies.


Techstars Los Angeles

Techstars is a global outfit with a chapter in Los Angeles that opened in 2017. It prioritizes local companies but will fund some firms based outside of LA.

Location: Culver City

Type of Funding: Pre-seed, early stage

Focus: Industry Agnostic

Notable Past Companies: StokedPlastic, Zeno Power


Grid110

Grid110 offers no-cost, no-equity programs for entrepreneurs in Los Angeles, including a 12-week Residency accelerator for early-stage startups, an Idea to Launch Bootcamp for pre-launch entrepreneurs, and specialized programs like the PledgeLA Founders Fund and Friends & Family program, all aimed at providing essential skills, resources, and support to help founders develop and grow their businesses.

Location: DTLA

Type of Funding: Seed, early stage

Focus: Industry Agnostic

Notable Past Companies: Casetify, Flavors From Afar


Idealab

Idealab is a renowned startup studio and incubator based in Pasadena, California. Founded in 1996 by entrepreneur Bill Gross, Idealab has a long history of nurturing innovative technology companies, with over 150 startups launched and 45 successful IPOs and acquisitions, including notable successes like Coinbase and Tenor.

Location: Pasadena

Type of Funding: Stage agnostic

Focus: Industry Agnostic, AI/Robotics, Consumer, Clean Energy

Notable Past Companies: Lumin, Coinbase, Tenor


Plug In South LA

Plug In South LA is a tech accelerator program focused on supporting and empowering Black and Latinx entrepreneurs in the Los Angeles area. The 12-week intensive program provides early-stage founders with mentorship, workshops, strategic guidance, potential pilot partnerships, grant funding, and networking opportunities to help them scale their businesses and secure investment.

Location: Los Angeles

Type of Funding: Pre-seed, seed

Focus: Industry Agnostic, Connection to South LA and related communities

Notable Past Companies: ChargerHelp, Peadbo


Cedars-Sinai Accelerator

The Cedars-Sinai Accelerator is a three-month program based in Los Angeles that provides healthcare startups with $100,000 in funding, mentorship from over 300 leading clinicians and executives, and access to Cedars-Sinai's clinical expertise and resources. The program aims to transform healthcare quality, efficiency, and care delivery by helping entrepreneurs bring their innovative technology products to market, offering participants dedicated office space, exposure to a broad network of healthcare entrepreneurs and investors, and the opportunity to pitch their companies at a Demo Day.

Location: West Hollywood

Type of Funding: Seed, early stage, convertible note

Focus: Healthcare, Device, Life Sciences

Notable Past Companies: Regard, Hawthorne Effect


MedTech Innovator

MedTech Innovator is the world's largest accelerator for medical technology companies, based in Los Angeles, offering a four-month program that provides selected startups with unparalleled access to industry leaders, investors, and resources without taking equity. The accelerator culminates in showcase events and competitions where participating companies can win substantial non-dilutive funding, with the program having a strong track record of helping startups secure FDA approvals and significant follow-on funding.

Location: Westwood

Type of Funding: Seed, early stage

Focus: Health Care, Health Diagnostics, Medical Device

Notable Past Companies: Zeto, Genetesis


KidsX

The KidsX Accelerator in Los Angeles is a 10-week program that supports early-stage digital health companies focused on pediatric care, providing mentorship, resources, and access to a network of children's hospitals to help startups validate product-market fit and scale their solutions. The accelerator uses a reverse pitch model, where participating hospitals identify focus areas and work closely with selected startups to develop and pilot digital health solutions that address specific pediatric needs.

Location: East Hollywood

Type of Funding: Pre-seed, seed, early stage

Focus: Pediatric Health Care Innovation

Notable Past Companies: Smileyscope, Zocalo Health


Disney Accelerator

Disney Accelerator is a startup accelerator that provides early-stage companies in the consumer media, entertainment and technology sectors with mentorship, guidance, and investment from Disney executives. The program, now in its 10th year, aims to foster collaborations and partnerships between innovative technology companies and The Walt Disney Company to help them accelerate their growth and bring new experiences to Disney audiences.

Location: Burbank

Type of Funding: Growth stage

Focus: Technology and entertainment

Notable Past Companies: Epic Games, BRIT + CO, CAMP


Techstars Space Accelerator

Techstars Space Accelerator is a startup accelerator program focused on advancing the next generation of space technology companies. The three-month mentorship-driven program brings together founders from across the globe to work on big ideas in aerospace, including rapid launch services, precision-based imaging, operating systems for complex robotics, in-space servicing, and thermal protection.

Location: Los Angeles

Type of Funding: Growth stage

Focus: Aerospace

Notable Past Companies: Pixxel, Morpheus Space



Download the dot.LA App

🚁 One Step Closer to Air Taxis in LA
Image Source: Joby Aviation

🔦 Spotlight

Joby Aviation, a pioneering electric air taxi company, has achieved a significant milestone by successfully flying a hydrogen-electric aircraft demonstrator for 523 miles with only water as a byproduct. This groundbreaking flight showcases the potential for emissions-free regional travel using vertical take-off and landing (eVTOL) aircraft, eliminating the need for traditional runways. The company's innovative approach combines its existing battery-electric air taxi technology with hydrogen fuel cells, paving the way for longer-range, environmentally friendly air travel.

For LA residents, this development holds exciting implications for future transportation options. Joby's technology could potentially enable direct flights from LA to destinations like San Francisco or San Diego without the need to visit conventional airports, offering a cleaner and more convenient alternative to current travel methods. The company's progress in both battery-electric and hydrogen-electric aircraft positions it at the forefront of next-generation aviation, promising to revolutionize urban and regional mobility.

Notably, Joby Aviation has already made strides in Southern California by securing an agreement with John Wayne Airport earlier this year to install the region's first electric air taxi charger. This strategic move sets the stage for LA to be among the initial markets where Joby will launch its electric air taxi service. With plans to commence commercial operations as early as 2025 using its battery-electric air taxi, LA residents may soon have access to a fast, quiet, and environmentally friendly mode of transportation that could significantly reduce travel times and traffic congestion in the region. In the not too distant future, LA might find itself in an identity crisis without traffic and excess smog 🤞🤞.


🤝 Venture Deals

LA Companies

LA Venture Funds


Download the dot.LA App

RELATEDEDITOR'S PICKS
Trending