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

[Sirwalterraleigh]

Deadpool 3. A rated R action comedy with the "Merc with a Mouth" and "Weapon X" is honestly the palate cleanser for the MCU that many are asking for.


We'll see, but that fringe stuff still pulled in over $3B over the last 2 years. So its clear there is still a market and audience for it, budgets aside.

You really don’t need to state your steadfast belief that marvel = forever. The opinion is known

We can entertain that people want this new stuff when they actually show up and prove they want stuff.

Yes…that’s by seeing it.

It’s not budgets…it’s reduced viewership that’s the real issue

 

[Disney Irish]

Wait a minute! That’s in Australia! That doesn’t count! Anyway, those Hollywood executives better hurry up and make a fair and better deal to end the double strike. They’re ruining Disney‘s 100 Years of Wonder.

Disney Irish, if you please?

The article is from Australia media but its about the Hollywood strike nonetheless. Which means it is getting coverage outside the US, even in Australia.

I have faith they will find a deal that works for everyone, the only question is when.

As for Disney's 100 Years of Wonder, the overall celebration is not affected. And Wish I don't think will be affected at all as I'm sure Disney already has marketing lined up even if they can't use any actors to promote it

 

[celluloid]

Okay now do the other studios also. Or is it only Disney?

Well Disney should have the highest family and animated movie release historically, up until the last couple years.

They also lost to Sony if it makes you feel better.

I was focusing on the big summer releases that have been out since the Fourth of July or June.

 

[Disney Irish]

You really don’t need to state your steadfast belief that marvel = forever. The opinion is known

We can entertain that people want this new stuff when they actually show up and prove they want stuff.

Yes…that’s by seeing it.

It’s not budgets…it’s reduced viewership that’s the real issue

You really don't need to state your steadfast belief that MCU is too fringe and dying. The opinion is known.

And yes we'll see how the next several MCU films will do, Marvels in November and Dealpool 3 next summer. One is going to be a hit in my opinion, the other looks positive but we'll see how it turns out when released.

 

[Tha Realest]

The problem there, since this is the Box Office thread, is that the production budgets were so bloated on the three Marvel films from Disney that their box office could barely cover their costs. Then on top of that, reputable sources like Variety are claiming the global marketing budgets for these Marvel movies are upwards of $200 Million. (We'll go lowball and claim they only spent $150 on marketing per film).

Barbie has a production budget around half that of a Marvel film, and so it's the movie that is going to save the Warner Bros. lot from being sold off to condo developers. Disney desperately needs to learn a few things about budgeting and cost containment.

Black Panther Production/Marketing Costs $400, Global Box Office Take $431, Disney Profit = $31 Million
Thor Production/Marketing Costs $400, Global Box Office Take $373, Disney Loss = $27 Million
Dr. Strange Production/Marketing Costs $300, Global Box Office Take $463, Disney Profit = $163 Million

Disney made a grand total of $167 Million (optimistically) off of those three mega-budget Marvel movies. Barbie looks like it's going to double or triple that profit for Warner Bros. just from one movie about a pretty doll everyone loves and her hunky boyfriend no one cares about.

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I lost interest in Mr. Cruise once he stopped dancing around in his underwear 40 years ago. He's way too short for my tastes.

I know Dr. Nigel Channing is a controversial figure around here, but you can’t ignore his point

 

[TP2000]

Here's the Summer Box Office Update for Disney's four mega-budget tentpole movies. Currently, through it's four flagship studio brands (Marvel, Walt Disney, Pixar, Lucas) they have racked up a combined loss of $436 Million at this summer's box office.

That's using the 60/40 ticket take for domestic/overseas box office, and a conservative estimate that they only spent $100 Million each on global marketing for three films, and the reported $140 Million global marketing budget they had for Mermaid.

Indy 5 = $253 Million Loss
Elemental = $130 Million Loss
Mermaid = $110 Million Loss
Guardians 3 = $57 Million Profit

Summer of '23 = $436 Million Loss as of July 23rd

The Numbers - Where Data and the Movie Business Meet

The Numbers provides detailed movie financial analysis, including box office, DVD and Blu-ray sales reports, and release schedules.

www.the-numbers.com

 

[BrianLo]

Well, I’m sure everyone on these boards will be very excited for the next film written by Barbies Greta Gerwig - the Snow White remake.

I did not know this... but that actually makes me interested in Snow White.

 

[TsWade2]

The article is from Australia media but its about the Hollywood strike nonetheless. Which means it is getting coverage outside the US, even in Australia.

I have faith they will find a deal that works for everyone, the only question is when.

As for Disney's 100 Years of Wonder, the overall celebration is not affected. And Wish I don't think will be affected at all as I'm sure Disney already has marketing lined up even if they can't use any actors to promote it

Okay. Thanks. Hopefully by next month.

 

[Disney Irish]

Okay. Thanks. Hopefully by next month.

I'm not putting a specific timeline on it, I'm just hoping cooler heads will prevail in the long run.

 

[celluloid]

The article is from Australia media but its about the Hollywood strike nonetheless. Which means it is getting coverage outside the US, even in Australia.

I have faith they will find a deal that works for everyone, the only question is when.

As for Disney's 100 Years of Wonder, the overall celebration is not affected. And Wish I don't think will be affected at all as I'm sure Disney already has marketing lined up even if they can't use any actors to promote it

Wish's big challenges will be getting enough of the market fromTrolls: Band Together and Migration.

DreamWorks and Illumination the last couple years has topped Disney's releases for the same time period.

 

[TsWade2]

I'm not putting a specific timeline on it, I'm just hoping cooler heads will prevail in the long run.

Oh shipoopi!

 

[TP2000]

I'm not putting a specific timeline on it, I'm just hoping cooler heads will prevail in the long run.

Agreed on that.

But Variety is not as optimistic in their latest update this weekend. This article is notable as it really takes aim at Bob Iger specifically.

I said this in another thread, but Bob Iger's comments via CNBC on the strike while sitting in Sun Valley in a cashmere sweater were inexcusably elitist and idiotic. In the past Bob Iger has been able to mask and conceal his extreme elitism from his out of touch bubble world he lives in, but his messaging and approved Talking Points failed him miserably in that CNBC interview on this topic.

Bob Iger is now the poster child for this entire strike as the Elitist & Mean Studio Executive, and he only has himself to blame for that.

Showstopper! Strikes Plunge Hollywood Into Chaos With Pricey Movie Delays, Pay Battles and AI Anxiety

It was a typical day on the set of “Gladiator 2” in Malta. British director Ridley Scott was orchestrating a complex sequence featuring the film’s star, Paul Mescal, and several hundred extras, all…

variety.com

 

[Disney Irish]

Wish's big challenges will be getting enough of the market fromTrolls: Band Together and Migration.

DreamWorks and Illumination the last couple years has topped Disney's releases for the same time period.

Wish from all the teasers and such so far appears to be a return to "Classic" Disney, so hopefully it'll be well received.

Trolls 3 comes out a week before so that may have an impact. But Migration comes out a month later, if Wish hasn't hit its stride by then it won't matter what Migration does.

 

[TP2000]

Oh shipoopi!

I know you are upset about this, but at least take heart that you just made me laugh out loud with that beautifully veiled profanity.

We don't use the word "shipoopi" enough as a society. Let's bring it back, please.

 

[Disney Irish]

I know you are upset about this, but at least take heart that you just made me laugh out loud with that beautifully veiled profanity.

We don't use the word "shipoopi" enough as a society. Let's bring it back, please.

I prefer the now Disney owned Family Guy version -

 

[Disney Irish]

Family Guy tried!

Beat you to it...

 

[BrianLo]

In one weekend Barbie dominated all of Disney's opening weekends and surpassed worldwide Indy 5 total and Disney Pixar total on 2/3rd budget. Amazing.

Okay now do the other studios also. Or is it only Disney?

In terms of films Box office performance as a percent of their budget (non-Indie Films), 4/10 of the worst performers of the year are WB-Discovery. They beyond hit it out of the park with Barbie, but WB has next to no clue what they are doing.

1) The Covenant - MGM - (38%)
2) Renfield - Universal - (41%)
3) Ruby Gillman - Universal/Dreamworks - (50%)
4A) *WB
5B) Shazam 2 - WB - (107%)
6) Indiana Jones 5 - Dis/Lucas (113%)**
7) The Flash - WB - (121%)
8) Magic Mike: Last Dance - WB (126%)
9) 65 - Sony - (134%)
10) Dungeons and Dragons - Paramount - (138%)

*Hold this space for Blue Beetle and its 120million budget - WB
**I am not making an excuse for Indy 5 but it currently is the only one making money at the box office of this list, so it will probably jostle up and maybe out.

 

[TP2000]

They beyond hit it out of the park with Barbie, but WB has next to no clue what they are doing.

Agreed. I honestly think that if it weren't for Barbie, after the last couple years and now with a long Hollywood strike to deal with, that the Warner Bros. lot would have been put up for sale by this time next year.

Barbie gave them some breathing room and will help cover for all their mistakes. But will they learn from it?

 

[Disney Irish]

Agreed. I honestly think that if it weren't for Barbie, after the last couple years and now with a long Hollywood strike to deal with, that the Warner Bros. lot would have been put up for sale by this time next year.

Barbie gave them some breathing room and will help cover for all their mistakes. But will they learn from it?

Don't be so quick to think WBD is not up for sale......

Rumor has been that Zaslav is just keeping the ship afloat until he can sell to Comcast next year.

 

[Sirwalterraleigh]

Wife and daughter saw Barbie today…

Said it’s fantastic