It is relative to show business and the discussion.
Elemental has actually sold many more tickets than Kung Fu Panda 4: globally $496,444,308 versus $454,964,521. Perhaps Kung Fu Panda 4 will ultimately outsell Elemental, but as things stand, it’s incorrect to say the former is more popular than the latter.
Except you avoided the part where D+ has more than 6x as many subs as Peacock. Which would explain why more audiences would be willing to wait for something on D+ than on Peacock just by the fact that D+ has more subs.
That reinforces the point I was trying to make anyway!
Nope. I was merely providing a real-life example of how something can be both popular and unprofitable.
Yes, and when Disney is losing money theatrically and at from home...they not only bought Fox. They want to be like them?
Not sure where the Fox piece is coming in as that wasn't part of the conversation. And again D+ appears to be turning profitable. So no they aren't losing money from "home".
Not everyone has the Bundle. And a large majority of those discounts ended long ago, and those that remain are on the Ad tier, so they still make money. The only new recent discount was the Spectrum deal, which is also on the Ad tier, so Disney makes money off those subs anyways even if they don't pay the retail rate.
What metric are you're using for more "eyeballs"? As for "losing more money" that can change is short order on a number of fronts including lower budgets overall.
Yes it can all change. And Disney was in a bad spot in the 70s and 80s, its the nature of the industry. Not every studio can be on top all the time.
My point is that you're discussing the film as if it's somehow inordinately—and for you unwatchably—gruesome, even though The Exorcist, which you had no trouble sitting through, went much further back in 1973.It was 50 years ago. I honestly can't even remember who my date was that night, although I could whittle it down to a small handful of names if I had to. But I remember the pea soup scene like it was 2 weeks ago.
When I read the description of some of the medically gory scenes in The First Omen, I chuckled and thought "I think I'll stick to The Crown and old Julia Child episodes, thank you"
Didn't we go over this already and was settled last year, Elemental turned a profit at ~$460M WW as confirmed by Pixar.Because this is the Box Office thread, it should be pointed out that Kung Fu Panda 4 is already vastly more profitable for its studio than Elemental was. Elemental still lost money, after all, owing to its bloated $200 Million budget from Pixar.
It looks like both films will end up about the same at the global box office, around $480 Million. But because Elemental cost over twice as much to produce than Panda did, Elemental lost a lot of money for Pixar.
Elemental: $200 Production, $100 Marketing, $92 Domestic, $133 Overseas = $75 Million Loss
K.F. Panda 4: $85 Production, $43 Marketing, $105 Domestic, $112 Overseas = $89 Million Profit and counting
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I thought The Excorcist was gross. Did I not mention that? I'd like to imagine I sat through it because I had a cute date.
As was very clear for my post, I was responding to the claim that Kung Fu Panda "is more popular to the general public" than Elemental. For that to be true, it would have to have sold more tickets, which it hasn't (at least not yet).
Yes I know how the rule of thumb works, something that has been used and discussed by those of us that have been posting for a very long time on this side of the forum. Its also not a hard rule, as its just an average across the industry, not always relevant for every movie.We generally use the "Marketing equals half the Production budget" scenario in this thread. If we assume that they really cut back on marketing for Elemental, and only spent $30 Million on global marketing, that's how you could get to a $460 Million break even point using the industry standard revenue take of 60% of domestic and 40% of overseas sales.
That would give Pixar $25 Million in ticket sales over their $460 Million break even point. Which would equate to about $13 Million in profit from their total global sales of $485 Million.
Disney admitted themselves that they spent $140 Million on marketing for Little Mermaid last year on top of its $250 Million budget, which is why I've been comfortable using the traditional 50% of production for the Elemental marketing budget.
But if you'd like to put a little sticky note on your screen that says "Elemental made $13 Million in profit" next to the data showing Kung Fu Panda 4 has made $89 Million in profit and counting, be my guest!
