Disney Irish
Premium Member
Exactly, everyone seems to forget that 20th Century/Searchlight has basically replaced Touchstone/Hollywood Pictures for Disney.
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Disney (and others) at the Box Office - Current State of Affairs
- Thread starter Disney Analyst
- Start date
_caleb
Well-Known Member
I think the tribal lines are drawn ideologically and Disney is trying to navigate. Unfortunately, they know there's a fork in the river and they're going to have to make some hard choices.
Sirwalterraleigh
Premium Member
Well…it’s not working
You can diversify…but they haven’t been intelligent about it at all
LittleBuford
Well-Known Member
Can you explain how, referring to specific examples?
That cost them billions, and has been underutilized or botched.
Not the same as it is billions in debt.
Disney Irish
Premium Member
I agree about them being underutilized, but that appears to be changing starting this year.
They have at least 4 releases set for 2024.
_caleb
Well-Known Member
Not in the short run (box office). But if they're playing a longer game and they're adding content to the shelves of their D+ library, it makes sense they'd want to diversify what's on the shelves so there's something for everyone.
_caleb
Well-Known Member
Were any of us under the impression that Disney didn't know that their business decisions in serving some subsets of its audience would cross certain other subsets? I've been saying all along that there's no way for Disney to reliably please a sustaining portion of its audiences without disaffecting a significant number of others.
The article (expectedly) frames it as though Disney is going to change course. It comes across like "see, our commitment to never being satisfied by anything Disney does is working!" But I think Disney has knowingly made choices that would frustrate some in order to gain others. I think they're betting that despite all the bluster from people complaining about Disney's direction, legacy fans are still going to subscribe to Disney+ and take their kids to Disney World every year.
Willmark
Well-Known Member
Isn't that what they are doing now?
Casper Gutman
Well-Known Member
It’s Turley.
Willmark
Well-Known Member
So back to the premise of the thread, what happens?
Good question.
And a lighter slate of movies next year? I'd argue that as it looks it isn't going to be movies that pull them out of the downward trend, in 2024 at least that is. There is always a possibility sure, but as it stands right now a likely one?
So what happens? Someone in another thread said "Disney isn't going back to the 1950s" (whatever that means). And we have people saying "making movies like they used to." Either way it has to be clear to all but the most blind/stubborn people here that what they are doing isn't working. So which is it? Return to what worked or apparently continue on the course thus far?
Disney has already burned through a lot of brand loyalty* and money in a relatively short space and Disney+ not projected to make money until sometime in 2024? (I think that is optimistic.) Parks are having harder and harder time with attendance so they don't have that to fall back on and cover the warts as it were.
Where do they go from here?
* = for those that don't believe it the poll of corporate reputation is freely searchable on the web.
Good question.
And a lighter slate of movies next year? I'd argue that as it looks it isn't going to be movies that pull them out of the downward trend, in 2024 at least that is. There is always a possibility sure, but as it stands right now a likely one?
So what happens? Someone in another thread said "Disney isn't going back to the 1950s" (whatever that means). And we have people saying "making movies like they used to." Either way it has to be clear to all but the most blind/stubborn people here that what they are doing isn't working. So which is it? Return to what worked or apparently continue on the course thus far?
Disney has already burned through a lot of brand loyalty* and money in a relatively short space and Disney+ not projected to make money until sometime in 2024? (I think that is optimistic.) Parks are having harder and harder time with attendance so they don't have that to fall back on and cover the warts as it were.
Where do they go from here?
* = for those that don't believe it the poll of corporate reputation is freely searchable on the web.
Miru
Well-Known Member
Are we sure of that? Because a lot of people are pointing out some sort of external force.
TP2000
Well-Known Member
Final box office numbers are now in for Thanksgiving weekend through Sunday, November 26th.
Unfortunately, the Sharp Pencil Boys didn't find any loose change in the theater seats (and you can bet they looked!). For all three of Disney's current films, the final numbers actually declined a bit from the initial projection yesterday.
Unfortunately, the Sharp Pencil Boys didn't find any loose change in the theater seats (and you can bet they looked!). For all three of Disney's current films, the final numbers actually declined a bit from the initial projection yesterday.
Miru
Well-Known Member
If you look closely, Wish still did better than The Marvels… almost as if people come to Disney for animation. (It’s also outperforming Trolls now)
Willmark
Well-Known Member
That looks pretty darn brutal. Also I believe this is the last release of the year for Disney, correct? If so do you have the range of what the losses are going to be for all movie releases combined? As in the "net" as it were?
TP2000
Well-Known Member
Yes, because Disney put the completed Snow White in the deep freeze now and won't release it until 2025, there is no new movie coming from any Disney studio until Memorial Day Weekend, 2024 when Planet of the Apes 7 (or is it 8?) is released by 20th Century Studios.
Looking at ballpark totals, and noting Elemental as a $13 Million profit from its $486 Million global total
, the loss column for all of Disney's movies is now heading just over $1 Billion for the year.I'll pull some better numbers together based on an assumption that The Marvels is headed for a $150+ Million loss, and Wish is headed for a possible $200-ish Million loss. The overseas numbers for Wish in the dozen major markets it opened in last week are even worse than its USA total, comparatively.
crispy
Well-Known Member
Trolls is in its second week so I don't think them beating them by 2 million is a bragging point.
TP2000
Well-Known Member
And yet all of those smaller films from Disney's smaller studios lost big money at the box office in 2023. And not a single one broke even, taking into account some of their miniscule marketing budgets. (Pretend they only spent $2 Million on marketing for Theater Camp, and it still lost $7 Million, etc., etc.) Each and every one of these movies lost money in 2023.
Combined, these six smaller films from Disney lost just over $140 Million at the box office.
Jedijax719
Well-Known Member
And once again, you only offer complaints but no remedies or ideas on how things should be. You just say "they need to make better products" but you cannot define that.
Chi84
Premium Member
Not according to some of the posters here. They think Disney is pandering to certain groups instead of making quality films.