Dranth
Well-Known Member
No one will care?
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Disney (and others) at the Box Office - Current State of Affairs
- Thread starter Disney Analyst
- Start date
Phroobar
Well-Known Member
A lot of cultures don't do well with ghosts. That is why they got Mystic Manor.
While globally and especially in China, they love a good monster flick. Since Meg 2 was Chinese funded, I think it will globally snuff out Elemental for good.
Jedijax719
Well-Known Member
People with an anti-Disney agenda will care and they will let the world know that they care. Thing is, nobody else will care that they care.
BuddyThomas
Well-Known Member
Barbie - Disney style.
BrianLo
Well-Known Member
I want to add the additional context that you spent 100 dollars, were given 100 dollars back and an additional 2 dollars. That in and of itself is not a good return. But a movie is not a stock, they recouped all their money and now own that product outright. It's not exactly real estate, but it's not totally different either, if you insist on the investment analogy.
A movie isn't an equity, it's an asset.
All their money is returned, they own the product and they can continue to collect rents on what they own in perpetuity. In real estate terms that's an exceptional investment. Though movies aren't real estate and media is fickle. But certainly the sheer peanuts they spent on Elemental 50 years from now will be insignificant if there is still an audience for Elemental. Elemental may have that audience? I don't know. Strange World probably won't, on the other hand. So it's truly a forever bad investment.
BrianLo
Well-Known Member
Disney has spent and lost 'billions' though on parks, they are just covered up by being part of a larger division.
I mean Shanghai cost 6 billion dollars, there was no money made on that spend. Now it generates money and it's an asset they continue to have. Just like WDW is or DLR is. Both of which are assuredly re-sellable for many multiples of what they originally cost and have made many multiples for the company since.
Disney + has now cost the company 11 billion dollars. Assuming we're nearing the end of the line. Let's just call it 12.5 for pessimism. Will the product, essentially built from the ground up as a park would be, be worth all of that spend?
I mean, I'll point you to the valuation of Hulu or the market cap of Netflix and let you decide if the meagre Capex on D+ was actually worth it.
End of FY 2024 was the actual most recent promise. So the fourth quarter July 01-Sept 30 2024 must report a profit.
Chapek said *IN* fiscal year 2024 for much of his reign. Splitting hairs of course.
But going back to pre-Chapek Iger's statements made April 2019 were by end of Fiscal year 2024. I think it's important to make note that this is not a goal post move that has occurred, Iger has been saying the same thing for over 4 years now. Peak operating losses occurred in fiscal 2022.
BrianLo
Well-Known Member
Oh and @TP2000 I am not Bob Iger - so don't hold him to this, but seemingly D+ should be profitable during Q2 2024 to my eyes (January 01,24-March 31, 24). You may put on your sticky note Bob said this, but Brian said that. 
Q1-2024 may even be towards the stones-throw 'neutral' side.
I'm a bit surprised at the aggression of the price hikes in all honesty. I think Iger feels more hurried he needs profitability both sooner and higher than his promised timeframe. To get WallStreet off his back.
Q1-2024 may even be towards the stones-throw 'neutral' side.
I'm a bit surprised at the aggression of the price hikes in all honesty. I think Iger feels more hurried he needs profitability both sooner and higher than his promised timeframe. To get WallStreet off his back.
That's fair, the big one is when it is such a gap to profit. It can eventually break even or get change, for who? Bob Iger? Studio? Eventually.
Executive producers like their money too, and as we know. The writers deserve that too. so while not final, it becomes pretty null and minimal. Coins in the bank that in these extreme cases mentioned are not likely to return profit.
This is particularly showing the trend of Mission Impossible movies having traditionally weird legs, even in rough climates compared to The Disney Brandz even being based on a big budget theme park ride synergy movie and marketed out the whazoo.
Mission Impossible: Dead Reckoning is expected to nearly double the revenue than Haunted Mansion's this box office weekend.
Mission Impossible: Dead Reckoning is expected to nearly double the revenue than Haunted Mansion's this box office weekend.
Disney Irish
Premium Member
Honestly this is some real weird twisted way to try and make MI:7 sound somehow like its a success. Its a flop theatrically, just accept it. The only hope for that franchise is MI:8 sticking the landing and bringing in over $1B, but not sure if that is possible given how MI:7 has performed.
And before you say it, yes HM is a flop theatrically too. Don't think anyone is doubting that at this point.
No it is not. It's just shows how much of a failure HM is.
I am sure Paramount would be happy for less of a gap though.
When did I ever state that MI was a hit?
Disstevefan1
Well-Known Member
You know how you can tell Iger is lying? His lips are moving (snare drum and cymbal sound).
I think some like him are talented to do it without even that old politician logic joke. They could do it in writing to others or in their sleep.
And just for future ease of typing. The term in comedy performing for that drum sound would be rimshot.
Disney Irish
Premium Member
To comment on this part specifically. I don't think its really all that wild that MI:7 is outperforming HM this weekend. In fact in any other year with a normal box office one would expect that a higher budget fast paced action movie would outperform the lower budget family friendly movie based on a theme park ride.
Not quite comparable without all the facts.
HM still sits under 60 million and was released after MI which holds over 150 million domestic and over 300 internationally.
HM opened as the only big budget movie of it's release weekend over two weeks ago. It opened weak and never bounced up rank from reports I have seen.
What we are seeing is audience attention "robbed" even further of it's failure with Turtles being what families are choosing as.oppenheimr.and barbie are near the top. This has been happening since Turtles was released as evidence on how much better than HM t is performing and holding.
MI is somehow up 14 percent from its last weekend attendance and HM is once again down.
Both did not please the green, but the ranking shift of one lowering from last weekend while one for the first time in two weeks rises 14 percent is telling of how audiences are spending their attention.
Disney releasing a large scale highly promoted family movie opening at number three, than going to four, five, six and seven in two weeks to be under an action movie that came out and fizzled before it quite unheard of.
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Besides the point. Release timing is one of it's follies, but not it's major downfall(s) It had competition. Cheesy horror movies get released in summer all the time.
It should still be reasonable that HM outperform Cocaine Bear domestically.
Yet, here we are.
MI somehow weeks into August. The thing has been out a month. Jumps a 14 percent increase from last weekend.
HM this weekend is down 44 percent in attendance from last weekend.
Disney Irish
Premium Member
In my honest opinion, I don't think its really all that telling at all.
MI:7 is losing theaters and was dropping below $1M daily. The fact its up 14% from last Friday isn't likely some trend as pops like that this deep into its run happen, but we'll see how the rest of the weekend plays out.
Turtles is dropping 56%, so far not looking like its going to have legs, but we'll see.
HM is going to end up likely somewhere between $80M-$100M depending on the rest of the overseas release schedule.
Barbie and Oppenheimer is continuing to take oxygen out of the rest of the box office this weekend. With NFL starting this week we'll see if that has an effect on the overall box office as alternative programming.
Next week we'll see if a video game movie has any chance of knocking Barbenheimer out of the top spots.
To your first thought wouldn't that be more telling of a small jump and the drop for HM rapidly continuing if MI made more money this weekend and played in less theaters than HM? It's not about the pop deep into the run, what is telling is the drop into this soon of HMs when it was already falling fast.
With Gran Tourismo if does knock Barbie down, I think it would be be just barely. Doubtful in my eyes but we will see.
Those games felt bigger back in the day and the nerd culture does not seem to care for it much in the fairly big release it already has. I will be a bit surprised if it rips Oppenheimer but definitely shocked if it tops Barbie with any much of a gap.
Perhaps the most telling thing, is that with the exception of low horror movie opening and the latest release, the movies released after HM have already surpassed it at the box office.
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I don’t think anyone projected Haunted Mansion to do well especially with a rotten tomato critic score around 40%… I have seen both movies and I am not shocked how Haunted Mansion is doing… as I believe unless you are fans of the attraction it is not a great movie… I actually am more surprised with Mission Impossible… as that film is fantastic… and that movie stands to lose hundreds of millions
After awhile it feels any excuse to rally against Disney… you take it with glee