Disney+

Disney has announced that Black Widow will be released simultaneously in theatres and on Disney+ on July 9 instead of May 7. The movie will be offered on Disney+ Premier Access and will come with a $30 rental fee.

A series set in Wakanda is in development at Disney Plus. Ryan Coogler, who will develop the series, is already working on the Black Panther sequel, which begins filming later in 2021.

"Ryan Coogler is a singular storyteller whose vision and range have made him one of the standout filmmakers of his generation," Bob Iger, Executive Chairman of The Walt Disney Company said in a statement. "With Black Panther, Ryan brought a groundbreaking story and iconic characters to life in a real, meaningful and memorable way, creating a watershed cultural moment. In a statement for Proximity Media, Coogler described his experience on Black Panther as "a dream come true" and his excitement to further the relationship with The Walt Disney Company and Marvel Studios on "select MCU shows for Disney+."

Disney has confirmed that production for 'Sister Act 3' has started, with Whoopi Goldberg reprising her role as Deloris Van Cartier and Tyler Perry set to produce the movie alongside Goldberg. The third installment of Sister Act will premiere ion Disney Plus, but no release date is known yet.

Launched one year ago, Disney+ reached 73.7 million paid subscribers as of early October, a jump from the 60.5 million subscribers the service had on August 3. The numbers are part of The Walt Disney Company’s fourth-quarter earnings report released Thursday.

CEO Bob Chapek said, in a statement, that "The real bright spot has been our direct-to-consumer business, which is key to the future of our company, and on this anniversary of the launch of Disney+ we're pleased to report that, as of the end of the fourth quarter, the service had more than 73 million paid subscribers - far surpassing our expectations in just its first year."

Kevin Mayer, the executive who led Disney's streaming efforts, is leaving the company to become the CEO of TikTok.

Founder Yiming Zhang will continue to serve as ByteDance CEO, while TikTok President Alex Zhu will become ByteDance’s VP of product and strategy.