Walt Disney Co. (NYSE:DIS) CEO Bob Chapek was equal parts diplomatic and pugnacious in describing his company’s difficulties in getting its Marvel Cinematic Universe films released in China, citing a “very fluid and very complicated” situation while also insisting these films can succeed financially without a Chinese release.
What Happened: During Wednesday night's conference call with analysts, following the release of the company's second-quarter earnings, Chapek acknowledged Disney has been running into obstacles with the Chinese government over its Marvel releases — the most recent, “Doctor Strange in the Multiverse of Madness,” opened domestically last week but is not scheduled for Chinese distribution.
