The Walt Disney Studios (NYSE: DIS) announced today that Disney's “Mulan,” a live-action epic directed by acclaimed filmmaker Niki Caro, will now debut in theaters on August 21, 2020.

The film’s release was previously delayed due to theater closures amid the COVID-19 pandemic and had been scheduled for release on July 24, 2020.

“While the pandemic has changed our release plans for ‘Mulan’ and we will continue to be flexible as conditions require, it has not changed our belief in the power of this film and its message of hope and perseverance. Director Niki Caro and our cast and crew have created a beautiful, epic, and moving film that is everything the cinematic experience should be, and that’s where we believe it belongs – on the world stage and the big screen for audiences around the globe to enjoy together,” said Alan Horn, Co-Chairman and Chief Creative Officer, and Alan Bergman, Co-Chairman, The Walt Disney Studios.

About “Mulan”

Acclaimed filmmaker Niki Caro brings the epic tale of China’s legendary warrior to life in Disney’s “Mulan,” in which a fearless young woman risks everything out of love for her family and her country to become one of the greatest warriors China has ever known. When the Emperor of China issues a decree that one man per family must serve in the Imperial Army to defend the country from Northern invaders, Hua Mulan, the eldest daughter of an honored warrior, steps in to take the place of her ailing father. Masquerading as a man, Hua Jun, she is tested every step of the way and must harness her inner-strength and embrace her true potential. It is an epic journey that will transform her into an honored warrior and earn her the respect of a grateful nation…and a proud father

“Mulan” features a celebrated international cast that includes: Yifei Liu as Mulan; Donnie Yen as Commander Tung; Tzi Ma as Zhou, Jason Scott Lee as B�ri Khan; Yoson An as Honghui; Ron Yuan as Sergeant Qiang; with Gong Li as Xianniang and Jet Li as the Emperor. The film is directed by Niki Caro from a screenplay by Rick Jaffa & Amanda Silver and Lauren Hynek & Elizabeth Martin, suggested by the narrative poem “The Ballad of Mulan.” The producers are Chris Bender, Jake Weiner and Jason Reed, with Bill Kong, Barrie M. Osborne, Tim Coddington and Mario Iscovich serving as executive producers.

About The Walt Disney Studios

For over 95 years, The Walt Disney Studios has been the foundation on which The Walt Disney Company was built. Today it brings quality movies, episodic storytelling, music, and stage plays to consumers throughout the world. The Walt Disney Studios encompasses a collection of respected film studios, including Disney, Walt Disney Animation Studios, Pixar Animation Studios, Disneynature, Marvel Studios, Lucasfilm, 20th Century Studios, Searchlight Pictures, and Blue Sky Studios. It is also home to Walt Disney Records, Hollywood Records, and Disney Theatrical Productions, producer of world-class stage shows.

Forward-Looking Statements

Certain statements in this communication may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding our business and operational plans, including film release dates, and other statements that are not historical in nature. These statements are made on the basis of management’s views and assumptions regarding future events and business performance as of the time the statements are made. Management does not undertake any obligation to update these statements. Actual results may differ materially from those expressed or implied. Such differences may result from actions taken by the Company, including business decisions, as well as from developments beyond the Company’s control, including:

  • changes in domestic and global economic conditions, competitive conditions and consumer preferences;
  • adverse weather conditions or natural disasters;
  • health concerns;
  • international, regulatory, political, or military developments;
  • technical developments;
  • labor markets and activities; and
  • each such risk includes the current and future impacts of, and is amplified by, COVID-19 and related mitigation efforts.

Such developments may further affect entertainment, travel and leisure businesses generally and may, among other things, affect (or further affect):

  • the performance of the Company’s theatrical and home entertainment releases;
  • the advertising market for broadcast and cable television programming;
  • demand for our products and services;
  • performance of some or all Company businesses either directly or through their impact on those who distribute our products; and
  • our business and operational plans, including for film releases.

Additional factors are set forth in The Walt Disney Company’s Annual Report on Form 10-K for the year ended September 28, 2019 under Item 1A, “Risk Factors,” Item 7, “Management’s Discussion and Analysis,” Item 1, “Business,” and subsequent reports, including, among others, quarterly reports on Form 10-Q and Current Reports on Forms 8-K, which factors should be read together with this communication.

Paul Roeder paul.m.roeder@disney.com (818) 560-6166

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