Why it matters: Rival streaming chiefs have talked openly about expanding their animation studios to compete with Disney, or to help lure families to their services.
- "Next year, we'll be getting a really strong animation slate so we're investing heavily there," Netflix CEO Reed Hastings said recently at a New York Times Dealbook conference.
The big picture: Disney brought in more than $1.4 billion in ticket sales from its animated movies so far in 2019, per CNBC.
- Next is Sony with $1.2 billion.
- All other studios have brought in less than $200 million.
What's next: Analysts predict that the streaming war, and the content arms race it created, will spur investment in animated content.