Film 'Coco 2' in development at Disney and Pixar studios
1. Disney announces 'Coco 2' set for 2029 release, boosting animation portfolio.
FAQ
Why Bullish?
The announcement indicates ongoing investment in intellectual property. Similar past sequels, like 'Frozen II', significantly uplifted revenue.
How important is it?
The development of popular sequels could enhance Disney's competitive positioning and revenue streams significantly.
Why Long Term?
The long lead time until release may not immediately impact stock, but future earnings potential is strong.