Disney also saw a rise in revenue from its amusement parks, with a new "Star Wars" attraction opening soon at Disneyland Anaheim expected to provide a boost through the year. Basically, expect to see lots of Star Wars and Avatar merch around for the next chapter of your lives.
With the sequel now scheduled for December 2020, Disney moved "Avatar 3" to December 2023, "Avatar 4" to December 2025 and "Avatar 5" to December 2027. When asked about which MCU films will join the successful franchise, Iger coyly offered, "We obviously know what they are".
As part of detailing its upcoming movie release slate-which goes out as far as 2027-Disney has confirmed that new Star Wars films will be released on December 16, 2022, December 20, 2024, and December 18, 2026.
Disney and Marvel's "Avengers: Endgame" has stormed into a historic territory, earning $2.19 billion worldwide in less than two weeks to become the number two film of all time, according to industry watcher Exhibitor Relations.
US prepares to raise China tariffs; Beijing threatens retaliation
But Trump is leaving the door open for China to return to the table if it's willing to behave like a proper negotiating partner. A woman takes photo of a child near a promotion booth with the words "China Made" in Beijing on Wednesday, May 8, 2019.
Those movies and more have been set out in Disney's latest release schedule.
And the long-awaited Avatar sequel has been pushed back again to 2021.
It appears as if Disney and Lucasfilm want to keep that Christmas-time release date for its franchise of films. "Marvel has not given me permission to announce them", a statement which is both self-deprecating and rather amusing.
Avatar 2 is set to hit theaters December 17, 2021, and the three subsequent films are each set to release the weekend before Christmas every other year, with the final film releasing December 2027. Costs to build digital services will weigh on profits for several years, the company has said, but the stock has risen 15% since the Disney+ announcement in April.
In advance of the quarterly check-in, the Walt Disney Company also released its first earnings report since wrapping up its mammoth $71.3 billion deal to buy the majority of 21st Century Fox's film and television assets. In 2020, Steven Spielberg's 'West Side Story' adaptation will open on December 18, while "Cruella', a live-action "101 Dalmatians' spin-off, will launch on December 23".