Is simultaneous releasing the future of the movie business? If Walt Disney‘s (NYSE: DIS) latest moves are any indication, the answer is yes.
On Tuesday, the entertainment giant announced several adjustments to its upcoming film release slate. The most striking items among these are the scheduled debuts of two summer season tentpoles, Black Widow and Cruella. Both will be released on the company’s massively popular Disney+ streaming service and in cinemas on the same day. In Cruella‘s case, that day is May 28, while Black Widow will arrive on July 9 — more than two months after the film’s original planned release.