Reported Earlier, "Disney Delays 'Snow White,' Takes Pixar Film Off Calendar; Snow White, Was Delayed By A Year To March 21, 2025. Elio, That Was Also Due Out Next March, Will Instead Be Released In June 2025" - BNN Bloomberg
Portfolio Pulse from Benzinga Newsdesk
Walt Disney Co. has delayed three films that were scheduled for next year and removed another three from its line-up. The live-action remake of Snow White has been delayed by a year to March 21, 2025, and the Pixar film Elio will be released in June 2025. This follows similar moves by other studios, such as Paramount Pictures. The changes pose challenges for theater chains like AMC Entertainment Holdings Inc., which are still trying to recover from the pandemic.
October 27, 2023 | 7:30 pm
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NEGATIVE IMPACT
The changes in Disney's film schedule could negatively impact AMC Entertainment Holdings Inc., as it could lead to fewer people visiting theaters.
With fewer films being released, there could be fewer people visiting theaters, which could negatively impact AMC's revenues and stock price.
CONFIDENCE 80
IMPORTANCE 65
RELEVANCE 75
NEGATIVE IMPACT
Disney's decision to delay and remove films from its schedule could impact its revenues and stock price in the short term.
Disney's decision to delay and remove films from its schedule could lead to a decrease in expected revenues, which could negatively impact its stock price. Additionally, this could harm the company's reputation and investor confidence.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100