Disney lost “nearly $5 billion” in third quarter, decides to release Mulan to Disney+ for additional $29.99 on September 4

Hold the swords, King Arthur!

We’ve got a rare 5th post of the day for some exciting news coming down the pipeline concerning the other shoe besides Tenet in the “when will it be released” camp.

Talking Mulan (FIRST LOOK)

Mulan has a reported ~$200 million budget and, after hemorrhaging billions of dollars in its various business interests in Q3-2020, will be streaming for $29.99 and whatever theaters are open — and will show it — under lack of honoring the theatrical window on September 4.

The news of the release came as Disney released brutal quarterly results that showed the extent to which the company’s media empire was ravaged by the pandemic. The company reported that it had a net loss of nearly $5 billion in the third quarter this year.

‘Mulan’ is finally heading to Disney+… for $30 – CNN

To my understanding, unless something changes (entirely possible), Regal Cinemas will not be showing Mulan under these conditions. They are sticking by the “must respect the standard theatrical window” requirement. So, when and if Regal Cinemas open later this month, Mulan will not be part of the offering.

Curious, I surfed over to Regal Cinemas website to see if Mulan was showing as a “coming soon” movie? Nope.

AMC? Who knows, they recently cut a deal with Universal to reduce the window for them and Focus Features to 17 days including at least three weekends. I read mixed reviews on that decision, but I liked it (see: Good deal – AMC strikes historic deal with Universal to shrink theatrical window to 17 days). We are in the minority I think on that perspective.

Cinemark is the only other giant player and they seem to be following Regal’s plans regarding not showing movies that don’t respect the standard 90 day theatrical window.

Streaming to VOD dates haven’t been pushed around that much (at all?), so I think it’s fairly safe to assume Mulan will be released on September 4, as Disney announced. What sort of theaters are open and screen it? Whole other enchilada.

Will Disney+ subscribers pony up another $30 to see Mulan? If you’re a subscriber, will you? Unless our grandchildren really want to see this movie badly, like they wanted to see Trolls World Tour, I don’t think we’ll be breaking out the plastic for this one.

I think what has me pausing is just how darn fast Scoob went from VOD to available on HBO Max. I mean it seemed like only a few weeks later. Don’t know the specific amount of time, but it might have been less than the 17 days!

Why pay $30 for Mulan, if a few weeks later it appears on Disney+ for $0 extra? I think this is a problem if there is no reasonable VOD streaming window. The other part of this decision is will we be able to buy it for $30, or is that strictly rental only? Buying and owning the movie for $30 doesn’t sting as much as renting it, only to see an appearance for $0 extra shortly later.

We’re just speculating on when Mulan will move away from $30 price at Disney+, but it’s an intriguing move considering the movie’s large budget. Does Disney need to do this out of financial necessity or is it trying to throw customers a 30 dollar bone?

Your comments, as always are welcome. Will you be paying an extra $30 for Mulan on Disney+ or waiting out the inevitable release without the extra VOD fee?

2 thoughts on “Disney lost “nearly $5 billion” in third quarter, decides to release Mulan to Disney+ for additional $29.99 on September 4

  1. 30 bucks is a bit high for a movie purchase or rental in my opinion. I plan on subscribing to Disney Plus soon so I will just wait. Shoot I have waited all this time! LOL! I can wait a little longer.

    Liked by 1 person

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