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08.08.2024 13:47:00

Hey, Disney Shareholders, Start Falling in Love With Sequels

There are a lot of takeaways from Walt Disney's (NYSE: DIS) generally upbeat -- but poorly received -- fiscal third-quarter report on Wednesday morning. I'll just focus on one thin slice of the media giant's business: Disney's penchant for sequels. More specifically, I want to zero in on a piece that enthusiasts tend to shake their heads at, although it's something that should excite shareholders.Disney has now put out the world's highest-grossing films in May (Kingdom of the Planet of the Apes), June (Inside Out 2), and July (Deadpool & Wolverine). It's great to see that Disney's studios are back after languishing through more misses than hits in the 2023 calendar year, but don't sleep on the fact that all three of these monthly box office winners are sequels.Many diehard fans -- and I am one -- crave original properties. They want new stories with new characters on the screen. They applaud the arrival of a new ride or attraction that isn't based on existing intellectual property. Unfortunately, nostalgia, when improved, sells too well to ignore.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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