Disney paid $75 million for the worldwide film rights to a live-capture version of Hamilton. This landmark acquisition secured the rights to the filmed stage performance, making it available to a global audience.
Details of the Landmark Acquisition
The deal, which involved a live recording of Lin-Manuel Miranda's acclaimed Broadway production, was considered a significant move in the entertainment industry. It represented a substantial investment for a filmed stage performance, toppling industry precedents for such acquisitions.
The acquisition details can be summarized as follows:
| Acquisition Detail | Value/Description |
|---|---|
| Amount Paid | $75 million |
| Rights Acquired | Worldwide film rights to a live-capture version |
| Asset Acquired | The critically acclaimed Broadway musical Hamilton (filmed stage production) |
| Significance | Set a new industry precedent for filmed theatrical releases |
This strategic move allowed Disney to bolster its streaming service with highly anticipated, exclusive content. The live-capture version features the original Broadway cast, providing viewers with an immersive experience of the theatrical phenomenon. The acquisition aimed to bring the magic of Hamilton to a broader audience, demonstrating Disney's commitment to acquiring diverse and high-value entertainment assets.
