Disney going down the drain.
https://www.westernjournal.com/disney-quietly-deletes-50m-project-existence-less-2-months-release/
Disney Quietly Deletes $50M Project from Existence Less Than 2 Months After Release
Disney is not having a great summer.
The House of Mouse is facing massive losses of over $890 million on its last eight studio releases, not including its most recent film, “Indiana Jones and the Dial of Destiny,” which is destined to lose upwards of $260 million.
Now, the slump is starting to affect the company’s streaming service.
“Crater,” a $53 million sci-fi adventure movie that premiered exclusively on Disney+ on May 12, was quietly removed from the platform exactly seven weeks after its release, according to the Independent.
The outlet reported that Disney scrapped the film to cut its losses by saving on licensing deals, though no official comment from the entertainment giant has been provided.
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Disney’s box office flops in the last year, most of which fell under the Pixar or Marvel banners, included “Lightyear,” “Thor: Love and Thunder,” “Strange World,” “Black Panther: Wakanda Forever,” “Ant-Man and the Wasp: Quantumania,” “Guardians of the Galaxy Vol. 3,” “The Little Mermaid” and “Elemental.”
Most recently, the $300 million “Indiana Jones and the Dial of Destiny” underwhelmed at the box office on its opening weekend with a domestic gross of $60 million.
‘Sound of Freedom’ Dethrones Disney, Beats Out ‘Indiana Jones’ on its Opening Day
The franchise sequel even fell behind Angel Studios’ “Sound of Freedom” on the Fourth of July, the latter unexpectedly becoming the No. 1 movie in America.
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