FILE – Disney chief executive Bob Chapek speaks during a ceremony at Hong Kong Disneyland on Se …

FILE - Disney chief executive Bob Chapek speaks during a ceremony at Hong Kong Disneyland on Se ...

FILE – Disney chief executive Bob Chapek speaks during a ceremony at Hong Kong Disneyland on Sept. 11, 2015. In a virtual presentation for investors, Chapek laid out direct-to-consumer efforts, leaning heavily on some of the company’s biggest brands. But even as Disney emphasized its expanding streaming portfolio, the company said it remains dedicated to releasing many of its big-budget spectacles in movie theaters. (AP Photo/Kin Cheung, File)