Corey Chichizola, contributing editor at Cinemablend, discusses Disney's shareholder meeting where CEO Bob Iger told investors that he does not plan on changing Fox Searchlight's business. We dig into whether this is a smart business move for Disney, whose brand critics say could be disrupted by the specialty studio's edgier, R-rated movies. Chichizola feels it can only enrich Disney's business since it's currently not making a lot of films that are big awards contenders. CEO Bob Iger noted that he was rooting for Fox Searchlight's "The Shape of Water" and "Three Billboards", since Disney did not have any live action movies nominated for Oscars this year. We also talk Disney's planned streaming service, and how the platform can differentiate itself from Netflix and Amazon.

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Tesla’s profit fell in third quarter even as sales rose
Tesla, the car company run by Elon Musk, reported Wednesday that it sold more vehicles in the past three months after boycotts hit hard earlier this year, but profits still fell sharply. Third-quarter earnings fell to $1.4 billion, from $2.2 billion a year earlier. Excluding charges, per share profit of 50 cents came in below analysts' estimate. Tesla shares fell 3.5% in after-hours trading. Musk said the company's robotaxi service, which is available in Austin, Texas, and San Francisco, will roll out to as many as 10 other metro areas by the end of the year.
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