Those forecasts are shockingly low.Box Office Pro certainly not confident based on current tracking:
Long Range Box Office Forecast: INSIDIOUS: THE RED DOOR and JOY RIDE
This week's report takes a look at two new releases slated for the post-Independence Day holiday weekend, plus updated tracking for other upcoming titles.www.boxofficepro.com
I guess it's going to flop. I think they should stick to sequels for awhile.
I’m surprised Disney did not move Elemental to a different time of the year. It is opening the same weekend as The Flash so it won’t have all PLF screens and it is also opening a few weeks after Across the Spider-verse.
That’s impossible to know. Moviegoing habits and the market have fundamentally changed since 2019. The numbers may say ticket sales have rebounded but the kinds of movies that ppl are willing to pay to see are a very narrow type: IP/sequels. Almost no original concepts are making bank. Last year Elvis was one of the few, and even that was a kind of biopic IP.
It’s going to take awhile, but I wouldn’t bet on Disney moving backwards. It’s more likely that its new audience will expand while the old one does what old ones eventually do.
Yes, they can. Their live action Disney Studios did it for decades. Some big winners make up for all the losers. Most studios operate that way.
But eventually the studios’ performance helped end the tenures of Ron Miller and Michael Eisner.
Which was possible because the live action budgets were typically minuscule with fast productions. Animation is expensive, and the way Disney operates it’s doubly so. Harder to justify miss after miss when that kind of money and time are involved.
Even if one were to count the straight-to-D+ movies as having losses in the hundreds of millions, the total *profit* of all Pixar movies is $1.2B.
That’s ancient history to current investors. Sad but true. You might as well be citing the profitability of Disney features since 1937 for all the difference that makes.
But is it not a fact, D+ is losing domestic subscribers?
I don't think huge numbers signed up because of these films... the pandemic was more a cause of sub growth at the time.
In the U.S. and Canada, D+ went from 46,600,000 subs to 46,300,000. That's a 0.6% drop.
I find it ironic that the current Pixar brass agrees with you and that strategy which is continuing to kill the Pixar brand. That current strategy is going to turn Pixar into the dinosaur. Sticking to what will entertain mass market worldwide family audiences isn't "moving backwards". Any theater release with Buzz Lightyear in it should be a slam dunk billion dollar movie. Just ask Mario. And when the brand starts getting tarnished, people stop caring about their next big thing, like Elemental. Pixar's goodwill is pretty much gone for new stuff now. Same for Star Wars, Marvel D+, etc.
I agree they need to make more entertaining movies if they want people in the theaters instead of waiting for Disney+. I recently saw both Lightyear and Strange World. Cute, but not good enough to draw huge audiences.
