Disney (and others) at the Box Office - Current State of Affairs

TP2000

Well-Known Member
I just checked the front page of the LA Times, and they are covering the news of the Writer's Strike with only slightly less alarm than if a flying saucer landed at Griffith Observatory. Also, Bob Iger just went on record with the Times calling the strikers "Not realistic". Ouch.

If this double-strike drags on for more than 30 days (and I guess it very well could?), this is going to be really rough on the SoCal economy.
 

Disney Irish

Premium Member
It is very much like cable tv. The problem is if streaming ends up costing more than traditional cable/satellite just to get the 4 streaming services you want. We're all back where we started. A very large part of the media consumption audience has given up on traditional studios. They watch YouTube content creators. I'd say 85 to 90% of my TV is YouTube creators because traditional outlets have very little content that falls within my hobbies and interests. So if push comes to shove, it's bye bye streaming for me. I don't think I am alone in that either. Streaming is a thing because people were sick of the crazy bills. So if we just end up with more crazy bills, then something is going to give.
While I'm sure there will be some that agree with you, however given that streaming services worldwide has over 1B subs I don't think it'll have a large enough impact if you drop.

We'll see what happens long term with streaming, but it seems clear its here to stay.
 

DCBaker

Premium Member

BuddyThomas

Well-Known Member

TP2000

Well-Known Member
Oh I am sure it won't.... but it's the excuse I'd use to push it back to a more sensible month :p

I would agree. This would be a great excuse to salvage Haunted Mansion from unprofatability however they can, but they apparently aren't using it.

I'd imagine they couldn't even if they wanted to, as at this point they've had theater chains pre-selling tickets and such. Likely a contractual reason to keep it where it is this late in the game.

What were they thinking here I wonder releasing this in July?
 

Disney Analyst

Well-Known Member
Original Poster
I would agree. This would be a great excuse to salvage Haunted Mansion from unprofatability however they can, but they apparently aren't using it.

I'd imagine they couldn't even if they wanted to, as at this point they've had theater chains pre-selling tickets and such. Likely a contractual reason to keep it where it is this late in the game.

What were they thinking here I wonder releasing this in July?

AH right, presales.
 

wtyy21

Well-Known Member
And in contrast…..

Would be worse if IATSE will going to strike as well (or maybe then in 2021), because IATSE has more powerful voice and is the largest entertainment union in the Hollywood industry than any other entertainment unions.
 
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BrianLo

Well-Known Member
“2024” should be renamed “year of the unicorn”

The numbers don’t work out.

But refresh my memory as to why they claimed 2024?

If I recall - it was a hint at subscriber numbers that all ready happened with no profit and infrastructure costs that don’t actually exist?

…If anyone believes talent/content cost was gonna drop…I got a bridge to sell you.

I assume, though never stated explicitly, that was their generalized target to unwind the introductory level pricing amongst the users. We saw this with the Dec 2022 price hike that is going to still take a while to play its way through some users who are locked into lower annual rates. The price hike is where the money is at really at the end of the day. If you can sneak in a 30% hike and not really lose a massive amount of consumers, your revenue increase makes the difference.

Before anyone questions me on that front, D+ was significantly lower monthly cost than we had anticipated on launch and has remained low compared to Netflix. There is a lot of room for price increases. There's really no reason for the cost of 2 90's VHS tapes one can have access to the entirety of the Disney portfolio and NEW content 24/7. D+ and streaming is wildly underpriced. They did this on purpose to get up to scale quickly, which was successful. But the patience due to extrinsic factors wore out too quickly.

Just check the price of D+ against the price of a Disney Parks vacation to track the sheer insane ends of their pricing strategies. I'm betting on Disney starting the price hikes now that their market segment has been largely captured and carved out.

Chapek got trigger happy with the subscriber explosion. In Iger's defence the amount of content on D+ was not exactly the service he had originally pitched. It was originally a repository for movies and a 'few' HBO-like releases. I mean the first year of the service was basically just a season of Mandalorian and a documentary with some reality TV sprinkled in.

I don't think the actual content costs are really going to unwind, but the amount of content can be. There's probably a happy medium between the two Bob's projections that is neither a small lean low-subscribed service like Iger projected or the Netflix killer that Chapek was trying to build. They can settle into this medium service trend because the 2024 subscriber count is going to be 'medium' as it turns out. Well above the 60-90 million projection, but also below the 230-260 million projection. Iger's task is putting it back on the correct lane.
 

TP2000

Well-Known Member
Iger this morning not only acknowledged the losses incurred on the Pixar animated films, he said they were “creative misfires.” Nothing about how they were beloved, culturally significant, or we’re making big money on merch.

Did he not even use the phrase "representation matters"? :cool:

If so... ouch.

Funny how merch sales on these flops were left out of his media Talking Points, isn't it?
 

wtyy21

Well-Known Member
I’m out of here! This is depressing! This is Disney’s worst 100th anniversary ever!😢
Maybe due to many flops and financial disappointment of films that Disney released despite its 100th anniversary. So, unless there's miracle about Wish box office, which is the Disney's 100th anniversary film that should be anticipated, Disney is set to lost millions (or $1 billion) of box office.
 

TsWade2

Well-Known Member
Maybe due to many flops and financial disappointment of films that Disney released despite its 100th anniversary. So, unless there's miracle about Wish box office, which is the Disney's 100th anniversary film that should be anticipated, Disney is set to lost millions (or $1 billion) of box office.
I’m out of here! I need fresh air anyway.😢
 

Sirwalterraleigh

Premium Member
Did he not even use the phrase "representation matters"? :cool:

If so... ouch.

Funny how merch sales on these flops were left out of his media Talking Points, isn't it?
1/2 of 13% of the US population had been HORRIBLY underrepresented in the merpeople market

As is the small…but vocal “cult of Javier bardem”

The dude looks like Jared kushner…not sure if that’s underrepresented or not?🤔
 

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