ford91exploder
Resident Curmudgeon
Nope. If you recall, Our friend the Exploder stated as fact the Motion Picture division "Does not move the needle" when is comes to Disney finances. Interesting comment when you have 4 movies pushing or exceeding $1B. Maybe the needle is stuck?
You do seem to have difficulty understanding the difference between Box Office Receipts and actual revenue to Disney.
The Studio who produces the movie in the end only gets 25-30% of the box office receipts the movie theater and distributor and taxing authorities get the other 70-75% of the cash generated by the movie.
I'll be generous and assume Disney is getting 30% of the movie cash
So out of 4 Billion gross, Disney gets 1.2 billion (a much less impressive number) and out of that assuming each movie averages about 200 million in production cost. That adds up to 800 Million, So in the end Disney ends up with 400 Million in spendable cash - not chump change by any means but nowhere near what P&R, Media Networks and Consumer Products generate in spendable cash, hence - my barely moves the needle comment.
Of course movies have what's called the 'long tail' and continue to generate modest income flows for years after the initial profits are booked and that's in the end why movies continue to be made because with a sufficiently large catalog there is a nice continuing income stream which requires little effort to maintain.