However, the biggest reason that our readers are considering waiting for Mulan to come out in theaters was waiting for the price to drop, or waiting for the film to just be available to stream for free eventually on Disney+.
"I understand the confusion for why we need to pay extra to watch #Mulan on Disney+, but here are the facts".
It will not be included as part of the normal subscription plan.
The Guardian described it as "seismic", Empire magazine said it was "potentially devastating news for theatre chains and us, the moviegoing public", and The Telegraph accused Disney of "behaving as though it wants our cinemas to die".
"We want to mirror the successful Disney+ strategy by using our Disney+ technical platform, rooting it in content that we already own, and distributing it under a successful worldwide brand that we also already own, which is, of course, Star, and then bringing it to market in a very close association to Disney", Chapek added on the quarterly earnings call.
Last November, it launched the Disney+ streaming service in the USA, later expanding into other markets, including the UK.
The new global service will be somewhat similar to Hulu, but build on the name recognition of the Star name outside of the United States, where Hulu is not as well-known, executives said.
The news is another blow to theatres and avid cinema-goers as the studio scraps a theatrical release and instead will see the $US200 million dollar blockbuster released on the streaming platform from September 4. Since Mulan has had its release postponed multiple times, many fans are just excited to be able to finally have the chance to watch the live-action film. However, Disney still plans to release the movie in theaters in worldwide markets where theaters are open. That means all the content will be Disney-owned.
"It's tempting to look to the new Disney+ business for good news, and there has certainly been good growth across all three major platforms", he said.
He praised Disney for keeping its overall costs in check but said the numbers "are far more Beast than Beauty".