General Disney Movies/Studios News

Disney Irish

Premium Member
Wondering how many theaters close in the next twenty-four months.
I wonder the same thing as we've seen many end up in bankruptcy post-pandemic and emerging earlier this year. Some of the regional ones might end up folding, but the chains like AMC and Regal (Cineworld) will likely survive.

But longer term who knows. The industry has had so much disruption the last 4 years.
 

MisterPenguin

President of Animal Kingdom
Premium Member
Original Poster

Disney is no longer the highest grossing studio at the box office. According to Variety, Universal Pictures, powered by hits such as The Super Mario Bros. Movie, Oppenheimer, and M3GAN, ranked as the highest grossing studio at the 2023 box office, dethroning Disney for the first time since 2015. In 2023, Universal brought in $4.907 billion in worldwide ticket sales as compared to Disney's number-two spot snagging $4.827.​
According to the report, Disney released 17 new films in 2023 — seven fewer films than Universal, which is something some analysts have taken into consideration. They also noted that even with the difference in overall number of films, Disney still had the most titles of any studio in the overall top ten as well as three of the biggest domestic releases and four of the highest-grossing global releases as well. However, the report also noted that 2023 was the first year since 2014 (2020 and 2021 notwithstanding) that Disney failed to cross $1 billion with a film.​
As for the rest of the top five, Warner Bros came in third with #3.84 billion globally thanks to films like Barbie and The Nun II while Sony and Paramount reportedly brought in around $2 billion each.​

Disney missed being the top by $80.

Also... so much for Disney shouldn't have bought 20C Fox because that would make them a monopolistic powerhouse that controlled the industry and that no one could beat. Remember that? Fun times.
 

DCBaker

Premium Member
Pixar has reportedly confirmed layoffs are coming to the studio later in 2024.

"Disney-owned animation studio Pixar is poised to undergo layoffs this year, TechCrunch has learned and the company confirmed. While sources at the company said the layoffs would be significant and as high as 20% — or reductions that would see Pixar’s team of 1,300 dropped to under 1,000 over the coming months — Pixar says those numbers are too high. Rather, the studio said the number of impacted employees is still being determined due to factors like production schedules and staffing for future greenlit films.

The studio stressed the layoffs are not imminent, but will take place later this year as Pixar focuses on making less content.

According to insiders, the Pixar layoffs include headcount that was hired for Disney+ — hires Disney pushed on Pixar to produce for its streaming division, which hasn’t yet turned a profit."

Full article available at the link below.

 

Disney Irish

Premium Member
Pixar has reportedly confirmed layoffs are coming to the studio later in 2024.

"Disney-owned animation studio Pixar is poised to undergo layoffs this year, TechCrunch has learned and the company confirmed. While sources at the company said the layoffs would be significant and as high as 20% — or reductions that would see Pixar’s team of 1,300 dropped to under 1,000 over the coming months — Pixar says those numbers are too high. Rather, the studio said the number of impacted employees is still being determined due to factors like production schedules and staffing for future greenlit films.

The studio stressed the layoffs are not imminent, but will take place later this year as Pixar focuses on making less content.

According to insiders, the Pixar layoffs include headcount that was hired for Disney+ — hires Disney pushed on Pixar to produce for its streaming division, which hasn’t yet turned a profit."

Full article available at the link below.

Sorry for those losing their jobs, but probably a needed thing as they are trying to streamline all the studios under the Disney umbrella.
 

MisterPenguin

President of Animal Kingdom
Premium Member
Original Poster



 

Phroobar

Well-Known Member

I chuckle at all those who thought buying 20thC Fox was a bad idea.
Yeah, they are making tons of money off that movie. :rolleyes: I hate to think of how much they spent on "for your consideration" gifts they sent out for votes and what they spent for the nomination.
 

MisterPenguin

President of Animal Kingdom
Premium Member
Original Poster
Yeah, they are making tons of money off that movie. :rolleyes: I hate to think of how much they spent on "for your consideration" gifts they sent out for votes and what they spent for the nomination.
Not everything is measured in cash.

But... Oscar noms and winners often get a goose in the home market.
 

DCBaker

Premium Member
Disney is reportedly considering taking a Disney+ movie starring Daisy Ridley and moving it to a theatrical release.

"In an arguable first for a Disney+ movie, Disney is contemplating a theatrical release for the Daisy Ridley starring, Joachim Rønning directed feature take of Glenn Stout’s Young Woman and the Sea after the picture scored quite well.

Deadline is hearing that a May 31 theatrical release date is being eyed with a big global campaign, further boosted by a Summer Olympics 2024 campaign tied to the movie’s Disney+ release over the summer. These dates aren’t ironclad, and could still be flexible. Presumably, talent needs to be looped in on their deals as this film goes from streaming to theatrical."

Details at the link below.

 

DKampy

Well-Known Member
Disney is reportedly considering taking a Disney+ movie starring Daisy Ridley and moving it to a theatrical release.

"In an arguable first for a Disney+ movie, Disney is contemplating a theatrical release for the Daisy Ridley starring, Joachim Rønning directed feature take of Glenn Stout’s Young Woman and the Sea after the picture scored quite well.

Deadline is hearing that a May 31 theatrical release date is being eyed with a big global campaign, further boosted by a Summer Olympics 2024 campaign tied to the movie’s Disney+ release over the summer. These dates aren’t ironclad, and could still be flexible. Presumably, talent needs to be looped in on their deals as this film goes from streaming to theatrical."

Details at the link below.

I can see this happening given Disney’s light release schedule in 2024
 

Disney Irish

Premium Member
Disney is reportedly considering taking a Disney+ movie starring Daisy Ridley and moving it to a theatrical release.

"In an arguable first for a Disney+ movie, Disney is contemplating a theatrical release for the Daisy Ridley starring, Joachim Rønning directed feature take of Glenn Stout’s Young Woman and the Sea after the picture scored quite well.

Deadline is hearing that a May 31 theatrical release date is being eyed with a big global campaign, further boosted by a Summer Olympics 2024 campaign tied to the movie’s Disney+ release over the summer. These dates aren’t ironclad, and could still be flexible. Presumably, talent needs to be looped in on their deals as this film goes from streaming to theatrical."

Details at the link below.

I sort of expected this sort of thing to happen, not just with this film but others that had moved into 2025 and beyond. I wouldn't be surprised if we see a few more get shifted into 2024.
 

Register on WDWMAGIC. This sidebar will go away, and you'll see fewer ads.

Back
Top Bottom