Showbiz Sandbox
Showbiz Sandbox

Showbiz Sandbox 515: Disney Restructures Its Magical Kingdom

One week after the Walt Disney Company announced that it would be premiering its latest Pixar film on Disney+ rather than in movie theaters, the media giant says it will reorganize its corporate structure to focus the company’s content creation on streaming. Is this a hasty pivot, long in the works, or just making official the obvious? The move left many industry watchers a bit confused.

Meanwhile, movie theaters in most of New York state can reopen, except in New York City itself. Even so, studios still won’t be releasing a blockbuster soon enough to help struggling cinema operators like AMC, who claims they will run out of money before the end of the year.

Of course we also cover some of the week’s top entertainment headlines including why Kevin Hart is taking over for Jerry Lewis on the muscular dystrophy telethon, K-Pop boy band BTS might be enlisting in the South Korean military (literally) and this year’s slimmed-down Tony nominations.

Liam Neeson’s ‘Honest Thief’ notches No. 1 at box office

‘Demon Slayer’ Leads Global Box Office with Record-breaking $44m Japan Debut

Japan’s ‘Demon Slayer’ Kills It With Record $44M Opening; China Passing North America For 2020 – International Box Office

Eddie Murphy’s ‘Coming 2 America’ Moves From Paramount to Amazon Studios

It’s Official: China Overtakes North America as World’s Biggest Box Office in 2020

UK £500M Film & TV Insurance Restart Scheme Officially Opens Today Following State Aid Approval

Warner Bros & Universal Bosses Say No Movie Theater Buyouts In The Works, But “We’re Rooting For Them”

AMC Theatres Says Cash Resources to Be “Largely Depleted” by End of 2020 or Early 2021


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