I think the one thing that could really work against it is that I'm of the firm belief that the issues with movies right now are that have become too expensive for people to go more than once every month or 2, and you have a few big movies opening the weekend before. I'd be shocked if it doesn't bank a ton of money (I feel Moana is such a huge franchise at this point), but as evidence from other movies in this area, I've been shocked before.I know anecdotal stories mean little...but my son had his birthday party this weekend. Moana 2 came up a few times from several people. What gets me is the varying people that are talking about it. I would be shocked if Moana 2 doesn't make huge money. The box office is hard to predict, with more movies underperforming the overperforming these days...but all the signs point to Moana 2 being a movie that overperforms from what I see. Again, just a personal opinion, but I do a lot of tracking of the box office.
If there was a movie that could unseat Inside Out 2 in 2024, it is Moana 2. I am not saying it will, but put me in the camp of shocked anyone can't see this being a big movie. (honestly, anyone that says it does just sounds like a reincarnation of some of our old friends on these boards IMO)
As a note - based on inflation, the price of movie tickets is actually lower today than in 2019 (only by $0.05, but still - source: https://www.statista.com/statistics/1400207/average-ticket-price-movie-theater-us/#:~:text=Ticket price at U.S. movie theaters 1971-2022&text=According to a recent report,9.16 U.S. dollars in 2019.) From what I have seen, the rate at which ticket prices have gone up has slowed down a lot. But this is based on the average. Numbers show that ticket prices at places like AMC have increased far quicker than the average, and I believe that is due to new players in the game, smaller theater groups charging less in certain areas (anecdotal, but still an example is in our area which is the second biggest city in the state we live in has all the big players, but also has newer theaters that charge half the price with different concepts that they make their money on, like "beer walls" and food served to you while you watch - I myself used to go to the big chains, but I have not since these smaller chains opened up with a better experience for a far better price...especially if you don't buy the beer battered cheese pretzels...shoot, I can't pass those up).I think the one thing that could really work against it is that I'm of the firm belief that the issues with movies right now are that have become too expensive for people to go more than once every month or 2, and you have a few big movies opening the weekend before. I'd be shocked if it doesn't bank a ton of money (I feel Moana is such a huge franchise at this point), but as evidence from other movies in this area, I've been shocked before.
I'm not a big fan of using inflation, especially in the short term. For example, Median household income has dropped 5% from 2019 to 2022 according to the US Census. Since 1971, median income is up 27%, but tickets are up 85%. This also does not factor in the costs at the theaters. I'm just not convinced most families have an extra money every week to continuously go to movies, which is why I think there is potentially more canibalization today than there was 10 years ago even. I know for us, we spent almost $100 on going to Inside Out 2 after tickets, popcorn/candy and drinks for the family. Even if you cut that out, tickets were well over $50.As a note - based on inflation, the price of movie tickets is actually lower today than in 2019 (only by $0.05, but still - source: https://www.statista.com/statistics/1400207/average-ticket-price-movie-theater-us/#:~:text=Ticket price at U.S. movie theaters 1971-2022&text=According to a recent report,9.16 U.S. dollars in 2019.) From what I have seen, the rate at which ticket prices have gone up has slowed down a lot. But this is based on the average. Numbers show that ticket prices at places like AMC have increased far quicker than the average, and I believe that is due to new players in the game, smaller theater groups charging less in certain areas (anecdotal, but still an example is in our area which is the second biggest city in the state we live in has all the big players, but also has newer theaters that charge half the price with different concepts that they make their money on, like "beer walls" and food served to you while you watch - I myself used to go to the big chains, but I have not since these smaller chains opened up with a better experience for a far better price...especially if you don't buy the beer battered cheese pretzels...shoot, I can't pass those up).
I also believe that Wicked changed dates knowing that Moana was the big ticket, and they knew they needed to get a head start to a) make some money before this movie took the lions share, and b) in hopes positive word of mouth will limit its fall in its second weekend. Cause make no mistake, Moana 2 is going to be the bigger draw. It hits all 4 quadrants.
That was in 2022 not 2024, average ticket price is actually up $0.25 the last two years compared to 2022, or $0.20 compared to 2019 adjusted for inflation.As a note - based on inflation, the price of movie tickets is actually lower today than in 2019 (only by $0.05, but still - source: https://www.statista.com/statistics/1400207/average-ticket-price-movie-theater-us/#:~:text=Ticket price at U.S. movie theaters 1971-2022&text=According to a recent report,9.16 U.S. dollars in 2019.) From what I have seen, the rate at which ticket prices have gone up has slowed down a lot. But this is based on the average. Numbers show that ticket prices at places like AMC have increased far quicker than the average, and I believe that is due to new players in the game, smaller theater groups charging less in certain areas (anecdotal, but still an example is in our area which is the second biggest city in the state we live in has all the big players, but also has newer theaters that charge half the price with different concepts that they make their money on, like "beer walls" and food served to you while you watch - I myself used to go to the big chains, but I have not since these smaller chains opened up with a better experience for a far better price...especially if you don't buy the beer battered cheese pretzels...shoot, I can't pass those up).
I also believe that Wicked changed dates knowing that Moana was the big ticket, and they knew they needed to get a head start to a) make some money before this movie took the lions share, and b) in hopes positive word of mouth will limit its fall in its second weekend. Cause make no mistake, Moana 2 is going to be the bigger draw. It hits all 4 quadrants.
I honestly think 1B is in the cards. Wicked will possibly help. I know a lot of people want to to make it a double feature.
Reading this more closely, so the series would have been feature quality. But when they decided to make it into a feature for the large screen they took the core elements and expanded upon it. So this isn't going to be some low quality animated show just transitioned to the large screen as some had predicted. Not that that was really a question for most who watched the trailers.‘Moana 2’ Debuts First 30 Minutes as Sequel’s Team Promises “Epic Scale”
The film's directors explained how the project evolved from being planned as a streaming series to becoming a feature that hits theaters later this year: "We had to rightsize it in a very dramatic way."www.hollywoodreporter.com
Moákéd or Wickona?I know a lot of people want to to make it a double feature.
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