It's
not too early to make a financial judgement on Lightyear's box office performance. It bombed, the numbers will get much worse on Weekend #2, and it's going to cost the Disney company a few hundred million dollars. That's not a good business plan.
Again, we're talking the cold, hard facts of box office financials. Not the film's creative or artistic merits.
Heck, who knows,
Lightyear could become a cult classic and 20 years from now play to packed houses of drunk college kids in the Student Union on weekends. Anything's possible!
Thank you. The box office take of a film's opening weekend is a classic way to tell if the film was financially succesful or not. This was not a succesful film by any stretch.
The facts are that the film made $51 Million domestically and $86 Million globally on its opening weekend. That's abysmal for a film with a $200 Million production budget, opening on a new 3-day holiday weekend in the USA.
Exactly. This discussion is more than just about Lightyear, it's about the long-term health of Disney's two animation studios in Burbank and Emeryville. This company can't keep spending hundreds of millions of dollars on each animated film and then lose huge money on them. It's not a business plan that can continue like this fiscal year after fiscal year.
Something must change; either the movies must change or the business plan must change. Which will it be?