The little mermaid has made $542 million from its theatrical run so far
https://www.boxofficemojo.com/release/rl1913750273/
On a budget of $250 million.
So it has broken even before it goes to streaming
And Disney was never very popular in world’s largest movie market, India, which is now the most populous country on earth. Bollywood is cranking out movies like crazy.
Top Gun was a huge hit. Tom Cruise stayed with a proven formula.
You can push people just so far. At some point they simply
signify ENOUGH!
Disney thought it could get away with anything. Guess what?
Wrong. People are sick of the games.
Either you want to be a wholesome middle class serving company, or
you don’t.
Disney don’t.
Read the entire article and not a single mention of the elephant in the room.
Disney has gone woke, and people are tired of it.
Yep
CEO Bob Iger and Kathleen Kennedy still have their jobs.... Why?
Not to worry about Disney...they’re run by some of the best minds in the industry. They’ll be fine.
Those who are in control are the cancer that kills
Step one in any financial recovery plan: FIRE KATHLEEN KENNEDY! Really. She is seemingly devoted to destroying anything she touches while spending a mountain of cash to do so and Disney keeps handing her one extremely valuable property after another.
After that, Disney might want to think about getting rid of all the sexual deviants, pedos and perverts and get back to making family entertainment.....and hope they haven’t permanently alienated too many of their former customers to make financial recovery impossible.
The article made a lot of excuses but never brought up the real reason nobody is going to Disney propaganda.
Not one word in this article about woke left content.
and if fans complain they blame the fans ,LOL
And that’s on top of the US$4 billion loss at Disney Plus and falling theme park attendance. Disney is heading for a major world of financial hurt, and even institutional investors like BlackRock, Vanguard, Fidelity, J.P. Morgan Chase, etc. have to wonder if the emphasis on ESG/DEI has turned into a financial sinkhole.
I don’t go to theaters any longer.
I wait until I can rent them by streaming. Usually it will eventually drop to $5.99 for a 48 hour rental. I get rewards from my provider and can get them for $1.
Paid $1 to rent the last Ant Man. Total crap. Last weekend rented Dungeons and Dragons for $1. Very entertaining if not predictable.
Even better, Disney owes Comcast between $28 and $70 billion for Hulu.