A new, new deal to buy Disney’s animated shows for $4 billion July 5, 2021 July 5, 2021 admin

Disney announced today that it has entered into a new $4.2 billion deal with Warner Bros. Television to acquire and produce more than 400 of its most popular animated films.

Disney will continue to produce and sell “Disney” and “Frozen” for Warner Bros., the company said in a statement.

It will also license and distribute “Coco” for ABC.

Disney also will produce and distribute the upcoming film “Battleship” for Paramount.

Disney is currently in the midst of the first half of its fiscal 2017 earnings release, which is expected to show the company’s financial performance for the past fiscal year.

Disney said that it had entered into the agreement to buy the majority of Warner Bros.’ animated slate.

Disney bought the studio in 2013 and acquired the studio’s brands in 2015. 

The purchase will give Disney the largest library of animated films in the world, with more than 200 films on tap for theatrical release.

Disney previously bought Pixar, Disney Animation, Marvel Studios and DreamWorks Animation.

Disney’s acquisition of “Bats” and the animated series “Fruitvale Station” was the first step in Disney’s expansion into animated content.

The company has also announced plans to bring “Fantastic Beasts and Where to Find Them” to Disney XD. 

“This is the first time we’ve done anything in terms of a multi-film deal,” Disney CEO Bob Iger said during a panel on the financial outlook for the company at its annual shareholder meeting in November.

“And I think this is going to be a really successful first quarter.

The first quarter was a really big deal.” 

Warner Bros. said in the announcement that the deal will provide Disney with the opportunity to expand its animated library to include all of Warner’s current animated films, including Pixar, Marvel, Disney, DreamWorks and more.

“The deal provides Disney with an incredible platform to develop, produce and market new, branded content, while maintaining Disney’s core Disney brands,” Warner Bros CEO Kevin Tsujihara said in today’s announcement.

“With Disney’s ability to build its brand and expand its animation portfolio, Warner Bros will continue as the go-to destination for our films and content.

This agreement will be a significant opportunity for Warner to expand the breadth and depth of its content, which will be an important asset to our investors.” 

“The acquisition will bring Disney’s animation library to a total of over 200 films,” Disney Chief Operating Officer Peter Kafka said in an announcement today.

“This is an enormous asset for Disney and a tremendous opportunity for our shareholders.

We look forward to the continued success of the Pixar and Marvel films, as well as our upcoming slate of licensed Disney animated content.”