Minnesota disney fan
Well-Known Member
FWIW: We just saw The Indy movie last night, and LOVED it! It was fun and action packed, and the ending was just perfect for Harrison Ford. So not everyone hates it, LOL.
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Disney is a struggling company. I don’t see an end in sight.
- Thread starter CinematicFusion
- Start date
Hollywood is in trouble, kids don’t care about going to the movies. Strike isn’t going to help,
Top end executives and Actors make way too
much money in this environment.
Paramount is calling the global opening here at $235M, read Nancy’s report here. Indiana Jones and the Dial of Destiny only opened to $130M.
Box Office: Mission Impossible Lower Than 2018 Installment As Audiences Turn Off Summer Movies, Aging Stars - Showbiz411
It’s really a rough summer in Hollywood. Not only is the town on a massive strike, but box office receipts are disappointing all the way around. With traditional promotional venues like late night talk shows closed thanks to the strike, Hollywood has had a lot of trouble pushing its wares. This...
www.showbiz411.com
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Disney Irish
Premium Member
This is why a bunch of us have been saying its not just a Disney problem but industry wide, and one that has been happening for quite awhile. Disney had been propping up the overall box office for almost a decade, and now that it too is having box office issues it finally shines a light on the issues with the industry as a whole.Hollywood is in trouble, kids don’t care about going to the movies. Strike isn’t going to help,
Top end executives and Actors make way too
much money in this environment.
Paramount is calling the global opening here at $235M, read Nancy’s report here. Indiana Jones and the Dial of Destiny only opened to $130M.
Box Office: Mission Impossible Lower Than 2018 Installment As Audiences Turn Off Summer Movies, Aging Stars - Showbiz411
It’s really a rough summer in Hollywood. Not only is the town on a massive strike, but box office receipts are disappointing all the way around. With traditional promotional venues like late night talk shows closed thanks to the strike, Hollywood has had a lot of trouble pushing its wares. This...
This begs the question, will the box office ever get back to its prepandemic levels, and the answer is leaning toward no.
Vegas Disney Fan
Well-Known Member
It’s too bad Avengers Endgame came out in 2019, had that come out post Covid I have no doubt it would have still made billions.
Unfortunately for Disney they ended their biggest box office draw right before the world ended and the next phase hasn’t connect like the previous phases.
Disneys decision to transition from big action popcorn flicks to empowerment movies with a social message hasn’t really helped their cause either.
Disney Irish
Premium Member
I question this.... Given what we know now regarding streamings impact on the box office I don't know if it'd hit "Billions" let alone $1B. The only way that it hit $2.7B is repeat viewings, and that isn't happening on a regular enough basis with today's box office. So its hard to gauge how it would perform if released in today's market.
I think they've released these type of movies for a long time now. Its only become hyper focused on now because of the current world we live.
Those movies are still "big action popcorn flicks," doofus. There's literally nothing different about them. They're exactly the same as they were before.
It also proves that Disney is not "woke" by any standards, it's first and foremost proudly capitalist.
We're 3/4 of the way there already, so yes, it will happen. It's inevitable.
Disney Irish
Premium Member
Box Office for 2023 is still off 21% of its 2019 levels and 24% off its 2018 levels up to this point. Its not looking good so far, so don't know why you think its inevitable.
And if streaming has really disrupted the Box Office, it may never get it back.
But you stay positive my friend.
Mission Impossible is an awesome flick. Just saw it.
John park hopper
Well-Known Member
Disney stock down 85.56 could be heading for a 52 week low. Report 5 hours ago Bob preps Disney for yard sale could sell to Apple
I dont know that Apple would want the Poison Apple that TWDC could be right now. If China keeps playing hardball, Iphones may be in trouble in the long run if China says Nope you cant build them here anymore, and we now own what we have of yours. Its always possible in a country like China. Look at what Russia just did to Dannon and Carlsberg for example. We also know how they have treated the auto industry with the knock off Mercedes and BMW's etc they make. They saw no problem with them (the knockoffs) when BMW, Mercedes etc showed up and wanted it stopped under copyright laws etc.
Disney Irish
Premium Member
And yet its underperforming and looks like it'll end up losing at least $100M if not more.
Disstevefan1
Well-Known Member
Hollywood is in trouble. I’m 50 and grew up loving going to the theater. My kids don’t care. Roblox, YouTube is what they love.
Disney isn’t doing themselves any favors either, Snow White’s dwarfs look ridiculous. Not taking the family to watch that. Hard pass.
Will take them to see haunted mansion.
Can’t wait to see it! I’m re-watching some of the older ones first.
Disney Irish
Premium Member
One movie aside, as said this isn't specifically a "Disney problem", its industry wide and doesn't look like it'll get better anytime soon. Again one has to wonder if the box office will ever be the same, 2023 looks to potentially under perform year-over-year given the rest of the release schedule.
It won’t ever get better. Covid ushered in a new era with everyone building up their home entertainment and getting used to streaming services that shell out high quality content. The 300 million dollar movie will be rare, as rare as rom-com is now in theaters.
Kids have no interest seeing movies at cinema.
Actors, writers strike won’t help.
CEOs and top actors make too much money, they both need to shave off 25% to help the struggling actors and entry level production suits.
SirLink
Well-Known Member
You mean that same report based off that CNBC interview essentially stated that it was just restructuring/selling TV networks.
DisneyFanatic12
Well-Known Member
I mean, Avatar: The Way of Water was an interesting curve ball to this whole issue. Pixar might not ever recover, if not just due to their stained reputation. Soul was a pretty bad movie. Turning Red was an amazing movie for streaming, but if it had actually gone to theaters I wouldn’t be either impressed or disappointed by the film if I watched it. Still, Turning Red was a decent movie. Encanto was quite good in my opinion, but I think Disneys reputation at the time was stained, so many movie goers weren’t optimistic about the quality. Strange World was just a terrible film.
The issue for me with the box office now is that there are so many different movie goers who want completely different things. Back in the day I felt as though any movie I saw in theaters from Disney would be pretty good if not astounding. Now, I’d rather just wait for it to go to streaming than waste my hard earned money on a possibly mediocre film. Some films still excite me to go to theaters, like Avatar did, but it’s not an obvious choice to me anymore. It isn’t just Disney either, but rather all studios seem this way to me. I just follow Disney more closely.
The issue for me with the box office now is that there are so many different movie goers who want completely different things. Back in the day I felt as though any movie I saw in theaters from Disney would be pretty good if not astounding. Now, I’d rather just wait for it to go to streaming than waste my hard earned money on a possibly mediocre film. Some films still excite me to go to theaters, like Avatar did, but it’s not an obvious choice to me anymore. It isn’t just Disney either, but rather all studios seem this way to me. I just follow Disney more closely.