▲ Up
 akipress
19:21 14-12-2018
АКИpress CA-News Tazabek Turmush
ADVERTISE WITH US SUBSCRIBE
KazakhstanKyrgyzstanMongoliaTajikistanTurkmenistanUzbekistanWorld
POLITICSBUSINESSINCIDENTSSOCIETYCULTURESPORTANALYSISSCIENCE
akipress
New Star Wars trilogy raises Disney hopes
World | culture | 16:06, 10 November 2017 | 3914

AKIPRESS.COM - Walt Disney has announced a deal to make three new Star Wars movies.

The company said it had struck a deal with Rian Johnson, director of the upcoming "Star Wars: The Last Jedi", to create a new trilogy of the science fiction blockbuster, BBC reported.

Disney is also working on a live-action Star Wars series for a new online streaming service.

The news overshadowed Disney's first drop in annual profits since 2009, amid steep competition from online rivals.

Profits for the year to September fell 4% to $8.98bn (£6.8bn).

Disney's shares fell initially in after-hours trading on the release of its results, but they then rallied to 1% higher on news of the new Star Wars movies.

Chief executive Bob Iger said: "We remain optimistic about our future, in part because quality truly does matter."

The entertainment giant also plans to launch a sports-focused ESPN+ app in the spring, and a Disney streaming service in 2019.

Mr Iger said those investments, which add to an existing Disney subscription service in Europe, were "vital" to the firm's future.

"Our goal here is to be a viable player in the direct-to-consumer space, a space that we all know is a very compelling space to be in," he said.

He declined to address reports that the company had held talks with 21st Century Fox about acquiring parts of its business, but he did not rule out an acquisition.

"I don't think there's ever such a thing as having too much quality."

LATEST NEWS
17:29 SDPK faction nominates Aida Kasymaliyeva for Deputy Prime Minister16:54 Fountains under reconstruction in Bishkek16:45 Prime Minister awards 9 MPs for contribution to parliamentarism16:19 SDPK faction recalls Asel Koduranova from post of Deputy Prime Minister16:11 Trade turnover between Mongolia and Japan doubled since 201616:06 Kyrgyzstan, China Jiangsu International Corporation discuss opening of Kyrgyz-Chinese agro-industrial park15:45 President Jeenbekov speaks against bureaucracy: All government services to be delivered without breaks15:33 Creation of joint enterprise on the basis of Makmalzoloto gold company requires investments of $30-35 million15:20 Official tourist logo of Tashkent presented15:05 US hopes to sign cooperation deal with Kyrgyzstan soon: Ambassador15:03 France provides 150 million Euros for support of reforms in Uzbekistan14:55 Sports hall for 19mln soms opens in Tyup district14:40 Fire destroys 8,000 voting machines 10 days ahead of Congo's presidential election13:59 High-Tech Park to be platform for development of information technologies in Kyrgyzstan13:54 President Jeenbekov tasks to start awareness raising campaign on digital transformation13:50 First Deputy Prime Minister Kubatbek Boronov assigned responsible for implementation of Digital Kyrgyzstan program13:44 110 software packages to be installed in Bishkek, Chui region soon – PM13:36 President of Kazakhstan awards daughter with literary and art prize13:34 Сamel march against smog held in Bishkek12:44 Largest in Central Asia Ismailian Cultural Center for $15mln built in Tajikistan
© AKIpress News Agency - 2001-2018. All rights reserved
Republication of any material is prohibited without a written agreement with AKIpress News Agency. Any citation must be accompanied by a hyperlink to akipress.com.
Our address:
Moskovskaya str. 189, Bishkek, the Kyrgyz Republic
e-mail: english@akipress.org, akipressenglish@gmail.com;
Tel/Fax: +996(312)65-03-06