'Avatar' And 'Star Wars' Fans Will Have To Wait Years To See Next Films

(Bloomberg) -- Walt Disney Co. updated its film release schedule on Tuesday, delaying some major films by as long as three years.

The third installment of moves to December 2025 from an earlier date of December 2024. Two other sequels were pushed back by three years to 2029 and 2031 respectively.

Two upcoming films in Marvel’s multibillion-dollar franchise were delayed by a year, to May of 2026 and May of 2027. The next movie was pushed back a year, to May of 2026. Disney hasn’t released a picture since 2019.

Disney didn’t give a reason for the delays. Chief Executive Officer Bob Iger has been trying to wring more profits from the business, including cutbacks in content spending. The writers’ strike in the US, which began on May 2, has put the production of many major TV series and films on pause and at risk of delays. Some have been canceled outright.

No Pixar or Disney animated films appear to be impacted, noted Kevin Near, an analyst with Bloomberg Intelligence. “They could just be rethinking the strategy around some of their most popular franchises,” he said.

The delays are unwelcome news for theater chains desperate for more films from studios to draw movie-goers back to their screens., the second movie in the Na’vi universe from director James Cameron was released in December. It became the third highest-grossing picture of all time with $2.3 billion in ticket sales.

Jon Landau, a producer of the films, tweeted on Tuesday that movies of that quality take time. 

But some on social media wondered what could be taking so long.

“in 2031? That’s not a real year,” the Mary Sue, a pop culture site for girls, wrote on Twitter.  “That’s when sci-fi movies take place.”

Disney shares rose about 1% to $93.99 as of 3:02 p.m. in New York.

(Updates with analyst in fifth paragraph. Earlier version corrected film title in headline.)

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