Disney Irish
Premium Member
FY23 is over and in the books, it happened and yes it was bad in terms of box office for Disney, but now its time to move on.Yes, I understand the basics of profit/loss. The problem is that Poor Things is about $1 Million away from breaking even, and in the best case scenario it will make a profit of $10 or $20 Million. (Realistically, closer to a $5 Million profit, but let's just go big).
Searchlight lost over $65 Million on its three movies in 2023. On top of the hundreds of millions of dollars Disney's flagship studios lost on the flops and outright bombs from Marvel, Lucasfilm, WDAS, Walt Disney Pictures, and Pixar.
That's not sustainable. Searchlight artsy movies will never make big profits, and it's okay for them to lose a little money if it keeps the rather needy Hollywood types engaged until their next big blockbuster. But when the blockbusters fail one after another like they are now doing for Disney, you can't keep throwing money away at Searchlight. It's just not sustainable.
Poor Things has moved into profitability and will be counted toward FY24, no matter whether that is only $1M or 20M.
Next up will be First Omen in April.