• Streaming continues to outperform expectations, led by Disney Plus, where worldwide subscribers have grown past 73 million.
  • Disney's other divisions remain in a tough spot, though live sports has helped the company's media networks division.
  • The formerly lucrative amusement parks division's struggles continue, with Disneyland expected to remain closed until 2021, prompting chief executive Bob Chapek to take a shot at California Governor Gavin Newsom.

Disney Plus was the shining star for Disney's year-end earnings report on Thursday. Paid subscribers blew past expectations to 73 million as of October 3rd. Reported quarterly revenue of $14.7 billion beat Wall Street expectations, although it still represents a 23% decrease year-over-year.

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The L.A. tech and startup community was active as ever this week. dot.LA chief host and correspondent Kelly O'Grady takes you through the key points of the top five headlines:

  • TikTok, Influencer Panic and the Transformation of the Celebrity Economy
  • Analysis: What Mulan Could Mean for Disney+ and the Future of Movie Distribution
  • As Uber and Lyft Battle California Law, Texas Ride-Hailing Startups See Opportunity in LA
  • Eaze Adds LA-Based Cannabis Startups to Its Equity Program and Platform
  • OK Play Says It's a Kids App Parents Won't Feel Guilty About

Weekly recap: Influencers discuss celebrity economy, Disney disrupts w/Mulan & new startups launch www.youtube.com


Watch to stay smart on what is happening, and follow us on Instagram for daily video content.

Looking for something to do this holiday weekend? Grab the (microwaved) popcorn and 'let's get down to business.'

Disney is releasing its live-action remake "Mulan" on Disney+, with potentially groundbreaking implications for how tentpole films are usually released.

If you're a Disney+ subscriber, you can gain exclusive access — but you will have to pay $29.99 on top of the monthly subscription fee. To purchase, head to your Disney+ app on Apple, Roku and Google platforms or to Disney+'s website. You'll retain the film for as long as you remain a Disney+ subscriber. But if you're planning to catch "Mulan" when it's added to the general Disney+ library, you'll have to wait until December 4th.

I worked as a senior analyst at Disney when it was just beginning to devise how to bring its content direct-to-consumer. This is another shrewd business experiment for the media giant to test out a little disruptive distribution. Streaming has become a core part of its strategy as the pandemic wreaks havoc across traditional revenue streams. And as many users hop between streaming services, the "Mulan" release may give Disney+ a well-timed incentive to keep customers from cancelling subscriptions while they await the next season of "The Mandalorian." Giving its users sustained access to one of 2020's only films — and a key addition to its princess franchise at that— could give Disney+ a stickiness advantage over its competitors.

So how should you evaluate whether Mulan's release is a success?

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