It's Wednesday, February 26, 2020. Hey, good morning! You look fabulous. On Tuesday, Disney abruptly announced that CEO Bob Iger would leave his post, “effective immediately.” That follows a run of developments over the last few years that have seen Disney corner the market on content from Marvel, Lucasfilm, Fox and more, all culminating in the launch of its “direct-to-consumer” plan that centers on services like Disney+. The suddenness of Iger’s exit makes things murky, but it’s not that surprising to me. Once it became clear that the cable bundle and home disc sales wouldn’t last forever, Disney shifted to a new strategy that is now well under way, to the tune of 26.8 million D+ subscribers at last count. So what can we expect for Disney as it looks forward to the next generation of the Marvel Cinematic Universe and season two of the Baby Yoda show? Incoming CEO Bob Chapek is credited with spearheading a “Disney Vault” strategy, which turned engineered scarcity of home animation releases into big bucks, so we’ll see what happens in a few years when the company tries to turn a profit from its streaming efforts. -- Richard (View in browser.) If they’re willing to pay. If I can afford it, I am determined to hop on one of Virgin Galactic's tourist spaceflights -- ruining my carbon footprint for the rest of my life, I guess. If you’re looking to get to the front of the reservation line, the company is happy to accommodate fast-track access -- if you're willing to pay. Alongside its latest earnings, Virgin has announced a One Small Step program that bumps qualified (read: $$$$) customers to the front of the line for "firm" reservations. Beginning on February 26th at 3AM ET, serious travelers can register online with a $1,000 refundable deposit to get into orbit sooner when tickets are once again available. The new batch of tickets are likely to go on sale sometime later in 2020, but CEO George Whitesides warned that prices might climb substantially from the $250,000 for early customers. Who needs a house? | | A separate report on EV battery fires is still in the works. The National Transportation Safety Board held a hearing on Tuesday regarding a deadly 2018 crash in which a Tesla Model X slammed into a Mountain View highway divider at 70mph, was subsequently struck by two other vehicles and then exploded. The investigation placed blame for the crash on driver distraction, overreliance on technology and the limits of collision avoidance systems, among other factors. Chairman Robert Sumwalt also pointed out Tuesday that the NTSB has, as far back as 2017, been contacting automakers regarding the safety implications of these driving assistance systems. However, he said, “Sadly, one manufacturer has ignored us, and that manufacturer is Tesla… It’s time to stop enabling drivers in any partially automated vehicle to pretend that they have driverless cars. Because they don’t have driverless cars.” | | Sponsored Content by Stack Commerce | |
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