Disney plans to release Mulan on its streaming site this year after reporting enormous losses due to the pandemic as its theme parks closed.
The media giant lost $4.7bn (£3.6bn) by 27 June, as the virus forced it to close theme parks and delay film releases and production: overall revenue fell 42% compared with last year to $11.8bn.
However, Disney is showing no signs of backing down by launching a new streaming service outside the US next year as it tries to build on its early streaming success.
The new service will operate under the Star brand and stream a wider variety of content than Disney Plus which has 60.5 million subscribers.
Chief executive Bob Chapek said Disney now plans to release its new live-action remake of Mulan on Disney Plus in a $30 “premier access” deal by September.
Mulan had been scheduled for release in March, but that has been postponed several times due to cinemas remaining closed during the pandemic.
BBC NEWS