Bob Iger: COVID Dealt Movie Theaters a “Severe Injury That Maybe Doesn’t Heal”

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In his first interview since leaving the Disney chairmanship, Bob Iger discussed the rise of streaming, his thoughts on the 'metaverse' and the future for movie theaters

“I think what you are going to see is far fewer films released for the big screen,” Iger told Swisher on theIger also addressed the rise of streaming and the push to get Disney into the space with Disney+. But he also discussed an epiphany he had regarding Netflix, which at one point had the streaming rights to Disney’s films.

“They were helping to build their platform on the back of our movies. … They deserve a lot of credit,” Iger said. “I woke up one day and thought, ‘We are basically selling nuclear weapons technology to a third-world country, and now they are using it against us.’” And so, Iger and Disney took back those rights and sought to create a new war chest of IP. And when Rupert Murdoch called Iger and discussed

 

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