Theater Camp is in only 51 theaters… we don’t know how much it fizzled out… It had one of the best per theater averages the other week… most of the general population never heard of the film…. The only time I saw a trailer was when I looked it up after I heard some critics praising the film…
-
Welcome to the WDWMAGIC.COM Forums!
Please take a look around, and feel free to sign up and join the community.
Disney (and others) at the Box Office - Current State of Affairs
- Thread starter Disney Analyst
- Start date
Eh. Just bump up the price of Genie+ again. That's all they need.Exactly. This is a perfect thread to discuss that issue more broadly.
And the facts and data of the box office are hard to argue against. They tell the story very clearly.
We'll likely never know why Disney refused to release it, but it is a fact that Disney owned Sound of Freedom after its 2019 purchase of 20th Century Fox. If Disney had released it themselves, they would have made an extra $60 Million in profit and counting as of yesterday's box office receipts. In a summer where Disney is losing hundreds of millions of dollars at the box office, that would have helped.
Or is $60 Million not worth it any longer to Disney because they are just so successful at everything else they do?
Disney treats the box office like an advertising/marketing expense. Profits are nice but they're just making movies to prop up Disney+. The only reason why they keep doing retreads and rehashes vs original content is to appeal to an already built in audience. Same goes for Ride to Movie adaptations. It's only their original content they need to succeed. But if not, those movies can always find a home at Disney+.
Maybe they should consider it.
My daughter saw it on opening day. I'm curious about it so we decided to go. Now my adult son and his girlfriend want to come along. It's really something.
Yep. That was my thought. So I think the previous poster is right assuming it wouldn't have made the profit under Disney.
Hmmmm, I guess we'll see how that works for them in the long run.
It's only going to get worse.
Tha Realest
Well-Known Member
Both those options represent a choice though. Disney could have chosen to keep the film and market it, and market it to faith based groups, but I don’t see that being something they’ve done recently or will do so in the near future. People can come to their own conclusions as to why that is.
Tha Realest
Well-Known Member
For those who keep bleating, “…but Universal!” the markets seem to have responded very favorably to the latest earnings report.
We’ll see how they respond in a little over two weeks’ time to Disney’s.
We’ll see how they respond in a little over two weeks’ time to Disney’s.
Tha Realest
Well-Known Member
Disney: “We care about the creatives.”
Also Disney:
Also, the hubris of a company doing this that continually cannot get tech right, whether Go.com, gaming forays, Genie+, or really wonky looking CGI
Also Disney:
Also, the hubris of a company doing this that continually cannot get tech right, whether Go.com, gaming forays, Genie+, or really wonky looking CGI
Wendy Pleakley
Well-Known Member
Searchlight films barely get wide release. They're for the niche awards (and eventually streaming).
Fox films do both: niche award bait and tentpoles (the more adult kind).
flynnibus
Premium Member
Disney Irish
Premium Member
And what if Disney is really using this AI to replace all the call center people fielding calls from Key holders complaining about Genie+.
TP2000
Well-Known Member
I went and looked to see what Disney's small studios had released in theaters so far in 2023, and now I wished I hadn't. So far Searchlight Pictures and 20th Century Studios has lost at least a combined $49 Million on its three theater releases this year.
Disney has lost at least $7 Million on Theater Camp, lost at least $44 Million on Chevalier, and made about $2 Million on Boogeyman. That's using the assumption that Boogeyman only had a marketing budget of $5 Million, and I didn't even bother to add in marketing costs for Theater Camp or Chevalier because they were already losing tens of millions of dollars on their own and I didn't want to be mean.
So instead of trying to tack on a few million in marketing for Theater Camp and Chevalier and make their losses even worse, what if we just rounded up the current box office loss on those three films from $49 Million to an even $50 Million? We'll add that $50 Million loss into the Walt Disney Company's total for their Truly Horrible Box Office Summer tally on Labor Day.
Looking at that chart above, Searchlight Pictures spent $46 Million to produce something called Chevalier and then it took in less than $4 Million in ticket sales??? I don't remember any of us mentioning that movie before now. Anyone see it? Anyone care?
urbanhollywood411.com
Disney has lost at least $7 Million on Theater Camp, lost at least $44 Million on Chevalier, and made about $2 Million on Boogeyman. That's using the assumption that Boogeyman only had a marketing budget of $5 Million, and I didn't even bother to add in marketing costs for Theater Camp or Chevalier because they were already losing tens of millions of dollars on their own and I didn't want to be mean.
So instead of trying to tack on a few million in marketing for Theater Camp and Chevalier and make their losses even worse, what if we just rounded up the current box office loss on those three films from $49 Million to an even $50 Million? We'll add that $50 Million loss into the Walt Disney Company's total for their Truly Horrible Box Office Summer tally on Labor Day.
Looking at that chart above, Searchlight Pictures spent $46 Million to produce something called Chevalier and then it took in less than $4 Million in ticket sales??? I don't remember any of us mentioning that movie before now. Anyone see it? Anyone care?
'Chevalier' Makes Little Noise at Weekend Box Office
Critically acclaimed period drama 'Chevalier,' about a celebrated French Creole composer, made a muted debut at the box office.
urbanhollywood411.com
LittleBuford
Well-Known Member
I realise this was published before Barbie and Oppenheimer, but I assume much of what it says still holds true:
I’d be curious to know what those who understand these things—and I truly don’t—make of the article, especially in relation to the very different picture (repeatedly) painted by a number of posters here.
Disney, Despite ‘Indy’ & ‘Elemental’ Misfires, Leading 2023 Global Box Office With $3.4B
Disney Leads 2023 global box office with $3.4 billion despite Indiana Jones, Elemental bombing
deadline.com
I’d be curious to know what those who understand these things—and I truly don’t—make of the article, especially in relation to the very different picture (repeatedly) painted by a number of posters here.
DisneyHead123
Well-Known Member
Finance is certainly not my area, but I believe this is basically a matter of huge budgets, right? Higher sales but still lower profitability.I realise this was published before Barbie and Oppenheimer, but I assume much of what it says still holds true:
Disney, Despite ‘Indy’ & ‘Elemental’ Misfires, Leading 2023 Global Box Office With $3.4B
Disney Leads 2023 global box office with $3.4 billion despite Indiana Jones, Elemental bombingdeadline.com
I’d be curious to know what those who understand these things—and I truly don’t—make of the article, especially in relation to the very different picture (repeatedly) painted by a number of posters here.
LittleBuford
Well-Known Member
But people keep moving the goalposts! The usual version of the narrative has it that audiences are no longer interested in watching films associated with Disney. When it’s pointed out that Disney is continuing to outsell other studios overall, the narrative shifts to a criticism of Disney’s bloated budgets and meagre profit margins.
People should decide what point they’re trying to make and make it straightforwardly.