Analysis: Has Disney Lost Faith in Pixar?

Analysis: Has Disney Lost Faith in Pixar?
The Disney logo is displayed outside the Disney Store in Times Square, New York City, on Dec. 14, 2017. Drew Angerer/Getty Images
Benzinga
Updated:

On Jan. 7, Walt Disney Co. announced it wasn’t putting its Pixar Animation Studios feature “Turning Red” into theatrical release, but instead was slating it for a March 11 premiere on the Disney+ streaming service.

“Turning Red” is the third consecutive Pixar feature kept out of theaters in favor of a streaming debut, following “Soul” and “Luca.” No Pixar film has played in a U.S. theater since “Onward” in March 2020, which opened ahead of the COVID-19 pandemic and the subsequent shuttering of theaters.