Respectfully, $180 million is a
huge budget for a film, whether it’s 2019 or 2023.
This simply shows that Disney has not been able to control its production costs for years.
At the time,
Terminator 2 (1991) was rumored to be the first film with a $100 million budget. (Although the exact budget is debated - certainly
True Lies passed the $100 million mark a few years later.) Adjusted for inflation, that’s about $240 million. At the time, it was an outlier and its reported cost received a tremendous amount of attention in the press. Yet according to the link I provided earlier, T2 doesn’t even make the list of most expensive (adjusted for inflation) films ever made.
Now Disney has multiple films that are (by your calculation)
averaging $180 million in production costs.
Disney has forgotten how to make small films. This means that films they produce are under tremendous pressure to make hundreds of millions at the box office.
As
@celluloid wrote earlier, Eisner’s strategy was to mix it up, including going after
Three Men and a Baby scale films, with an inflation adjusted production cost of about $40 million. The most financially successful film of its year, it brought in $240 million on a $15 million budget.
Iger had tremendous successes with Pixar, Lucas Films, and Marvel Studios, but the public is fatigued with the endless stream of big budget films. These films no longer have the draw they once did.
It’s time to look in a different direction.