The 2023 Disney Failure Thread
POSTED BY: 6IXSTRINGJACK
UPDATED: Thursday, January 25, 2024 20:58
VIEWED: 8549
PAGE 9 of 13
TOTAL NET GAIN/LOSS FOR DISNEY 2023 [2.0x RoT]: -$115,437,218
TOTAL NET GAIN/LOSS FOR DISNEY 2023 [2.5x RoT]: -$845,937,218
It was actually a huge week for Disney here. After losing few million with international numbers for films that had completed their run last weekend, the Disney movies MADE a staggering $34,320,676 combined with international fluctuations this past 7 days (With only about $6 Million or so actual new box office receipts for Haunted Mansion and Theater Camp).
But then A Haunting in Venice came out and under-performed.
I've got to really look into tracking that movie and other things not SPECIFICALLY Disney to see if it's truly a loss for Disney or not. There was compelling evidence to not include Avatar 2 under the Disney umbrella last year, and maybe that's the case here as well.
A Haunting in Venice might do okay in the end and probably won't change the overall picture that much. Movies like Theater Camp didn't even though they were losers, and Boogeyman was a slight winner that doesn't move the needle much either.
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NUMBERS FROM 09/18/2023:
Quote:
Originally posted by 6IXSTRINGJACK:
This will encompass all Disney/Pixar/Fox Studios failures for the year. This OP will be updated from time to time as more data comes in, particularly when a movie officially ends its theatrical run and we have solid numbers.
[ALL FIGURES UPDATED 09/18/2023]
Sub-threads for notable movies can be found here:
The Little Mermaid Failure Thread: http://fireflyfans.net/mthread.aspx?tid=65598
The Elemental Failure Thread: http://fireflyfans.net/mthread.aspx?tid=65628
The Indiana Jones and the Dial of Destiny Failure Thread: http://fireflyfans.net/mthread.aspx?tid=65629
NOTE 1: I have decided to add the 2.5x Rule of Thumb and mark the existing numbers as the 2.0x Rule of Thumb that has been suggested by Variety magazine when discussing how much money Disney is losing on movies. The truth lies somewhere in the middle of both figures.
However, I will still keep any movie that grossed more than 2 times the Production Budget in the Winners category for now.
For more information on this, look earlier in the thread.
NOTE 2: To not completely ignore international changes from week to week, I've simplified the explanation of +/- money any movie makes whether it's still in theaters or not for each entry. Just one single line now. We all know that the international numbers fluctuate quite a bit and become extremely noticeable once a movie has neared the end of its run and several weeks afterward, so I won't go into detail below every movie when it happens.
I've made a note to verify all final numbers here a few months after Disney's last 2023 movies exit the theaters in 2024 to make sure they're still accurate since movies that have been out of theaters for weeks still seem to lose and gain some money after the fact.
Live Action Remakes that were so bad they skipped a theatrical release and went straight to Disney+:
Peter Pan and Wendy (April 23rd, 2023)
Production Budget: $170 Million
source: https://vancouversun.com/entertainment/local-arts/disney-peter-pan-wen
dy-canadian-film-industry
Box Office: $0 [FINAL]
Net Gain/Loss: -$170,000,000 - Marketing Costs (Unknown) [FINAL]
Theatrical Releases (WINNERS):
Ant-Man and the Wasp: Quantumania * [Walt Disney Pictures/Marvel Studios] (February 17th, 2023)
Production Budget: $200,000,000
source: https://www.the-numbers.com/movie/Ant-Man-and-the-Wasp-Quantumania-(20
23)#tab=summary
Worldwide Opening Weekend: $250,000,000 (125% of Production Budget)
FINAL Worldwide Gross: $463,635,303 (232% of Production Budget)
*No change from last week as of 09/18.
Net Gain/Loss [2.0x RoT]: +$63,635,303 [FINAL]
Net Gain/Loss [2.5x RoT]: -$36,364,697 [FINAL]
Guardians of the Galaxy: Vol 3. [Walt Disney Pictures/Marvel Studios] (May 5th, 2023)
Production Budget: $250,000,000
source: https://www.the-numbers.com/movie/Guardians-of-the-Galaxy-Vol-3-(2023)
#tab=summary
Worldwide Opening Weekend: $290,000,000 (116% of Production Budget)
FINAL Worldwide Gross: $845,468,744 (338% of Production Budget)
*Gained $1,147,071 from last week. 09/18.
Net Gain/Loss [2.0x RoT]: +$345,468,744 [FINAL]
Net Gain/Loss [2.5x RoT]: +$220,468,744 [FINAL]
The Little Mermaid [Walt Disney Pictures] (May 26th, 2023)
Production Budget: $250,000,000
source: https://www.the-numbers.com/movie/Little-Mermaid-The-(2023)#tab=summar
y
Worldwide Opening Weekend: $164,000,000 (66% of Production Budget)
Current Worldwide Gross: $569,479,614 (228% of Production Budget)
*Gained $8,253,759 from last week. 09/18.
*Lost $190,676 from last week. 09/11.
*Lost $366,750 from last week. 09/05.
*Gained $408,214 from last week. 08/28.
*Lost $1,625,041 from last week. 08/21.
Net Gain/Loss [2.0x RoT]: +$69,479,614 [FINAL]
Net Gain/Loss [2.5x RoT]: -$55,520,386 [FINAL]
The Boogeyman [20th Century Studios] (June 2nd, 2023)
Production Budget: $35,000,000
source: https://varieNOTIFY: Y | REPLY | REPLY WITH QUOTE | PERMALINK | TOP | HOME
TOTAL NET GAIN/LOSS FOR DISNEY 2023 [2.0x RoT]: -$83,317,320
TOTAL NET GAIN/LOSS FOR DISNEY 2023 [2.5x RoT]: -$813,817,320
The Little Mermaid loses $330k this week.
Elemental loses $2.3 Million.
Indiana Jones 5 loses $1.2 Million.
Theater Camp gains $73k.
Haunted Mansion gains $1.2 Million.
A Haunting in Venice gains $34.6 Million.
Even though it surprised everyone after its terrible opening weekend to hold on and gross over $480 Million, Elemental is still a likely loser for Disney/Pixar this year. Rule of thumb 2.5x says it needs to make $500 Million to break even, and after a surprise gain of over $7 Million last week, it just saw over $2 Million of that erased this week. That's how international numbers go post-domestic-box-office.
It probably gains that back before losing some. Who knows where it's going to end up, but it is very doubtful that it will hit $500 Million in the end. Even if marketing were cheap and it only needed $400 Million to break even with the old 2.0x Rule of Thumb, these just aren't good numbers for a company that was cranking out several Billion Dollar movies every year and rarely had a single huge loss, let alone going on half a dozen of them.
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Disney+ Sheds Record 11.7 Million Subscribers, Announcing Price Increase And Password Crackdown Coming
https://www.forbes.com/sites/tonifitzgerald/2023/08/09/new-record-for-
disney-sheds-117-million-subscribers-password-crackdown-coming/
Disney Stock is now $79.32 per share.
Get fucked, Disney.
You were warned.
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Numbers from 9/25/2023:
Quote:
Originally posted by 6IXSTRINGJACK:
This will encompass all Disney/Pixar/Fox Studios failures for the year. This OP will be updated from time to time as more data comes in, particularly when a movie officially ends its theatrical run and we have solid numbers.
[ALL FIGURES UPDATED 09/25/2023]
Sub-threads for notable movies can be found here:
The Little Mermaid Failure Thread: http://fireflyfans.net/mthread.aspx?tid=65598
The Elemental Failure Thread: http://fireflyfans.net/mthread.aspx?tid=65628
The Indiana Jones and the Dial of Destiny Failure Thread: http://fireflyfans.net/mthread.aspx?tid=65629
The Marvels Failure Thread: http://fireflyfans.net/mthread.aspx?tid=65760
NOTE 1: I have decided to add the 2.5x Rule of Thumb and mark the existing numbers as the 2.0x Rule of Thumb that has been suggested by Variety magazine when discussing how much money Disney is losing on movies. The truth lies somewhere in the middle of both figures.
However, I will still keep any movie that grossed more than 2 times the Production Budget in the Winners category for now.
For more information on this, look earlier in the thread.
NOTE 2: To not completely ignore international changes from week to week, I've simplified the explanation of +/- money any movie makes whether it's still in theaters or not for each entry. Just one single line now. We all know that the international numbers fluctuate quite a bit and become extremely noticeable once a movie has neared the end of its run and several weeks afterward, so I won't go into detail below every movie when it happens.
I've made a note to verify all final numbers here a few months after Disney's last 2023 movies exit the theaters in 2024 to make sure they're still accurate since movies that have been out of theaters for weeks still seem to lose and gain some money after the fact.
Live Action Remakes that were so bad they skipped a theatrical release and went straight to Disney+:
Peter Pan and Wendy (April 23rd, 2023)
Production Budget: $170 Million
source: https://vancouversun.com/entertainment/local-arts/disney-peter-pan-wen
dy-canadian-film-industry
Box Office: $0 [FINAL]
Net Gain/Loss: -$170,000,000 - Marketing Costs (Unknown) [FINAL]
Theatrical Releases (WINNERS):
Ant-Man and the Wasp: Quantumania * [Walt Disney Pictures/Marvel Studios] (February 17th, 2023)
Production Budget: $200,000,000
source: https://www.the-numbers.com/movie/Ant-Man-and-the-Wasp-Quantumania-(20
23)#tab=summary
Worldwide Opening Weekend: $250,000,000 (125% of Production Budget)
FINAL Worldwide Gross: $463,635,303 (232% of Production Budget)
*No change from last week as of 09/25.
Net Gain/Loss [2.0x RoT]: +$63,635,303 [FINAL]
Net Gain/Loss [2.5x RoT]: -$36,364,697 [FINAL]
Guardians of the Galaxy: Vol 3. [Walt Disney Pictures/Marvel Studios] (May 5th, 2023)
Production Budget: $250,000,000
source: https://www.the-numbers.com/movie/Guardians-of-the-Galaxy-Vol-3-(2023)
#tab=summary
Worldwide Opening Weekend: $290,000,000 (116% of Production Budget)
FINAL Worldwide Gross: $845,468,744 (338% of Production Budget)
*No change from last week as of 09/25.
Net Gain/Loss [2.0x RoT]: +$345,468,744 [FINAL]
Net Gain/Loss [2.5x RoT]: +$220,468,744 [FINAL]
The Little Mermaid [Walt Disney Pictures] (May 26th, 2023)
Production Budget: $250,000,000
source: https://www.the-numbers.com/movie/Little-Mermaid-The-(2023)#tab=summar
y
Worldwide Opening Weekend: $164,000,000 (66% of Production Budget)
Current Worldwide Gross: $569,146,430 (228% of Production Budget)
*Lost $333,184 from last week. 09/25.
*Gained $8,253,759 from last week. 09/18.
*Lost $190,676 from last week. 09/11.
*Lost $366,750 from last week. 09/05.
*Gained $408,214 from last week. 08/28.
*Lost $1,625,041 from last week. 08/21.
Net Gain/Loss [2.0x RoT]: +$69,146,430 [FINAL]
Net Gain/Loss [2.5x RoT]: -$55,853,570 [FINAL]
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TOTAL NET GAIN/LOSS FOR DISNEY 2023 [2.5x RoT]: -$1,336,058,582
TOTAL NET GAIN/LOSS FOR DISNEY 2023 [2.0x RoT]: -$556,711,906
Disney now has lost over $1.3 BILLION in the theaters in 2023.
With The Marvels and Wish the only two movies left to make any money for Disney, can they claw back enough for them to lose under a Billion?
Add $200,000,000 to the deficit for the production budget of Wish (According to The Wrap) before you answer that question.
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My old man pointed out to me the other day that The Creator is a 20th Century Fox release. I've just verified this and it's going to have to join the list. I don't know how I missed that one.
That will be another $80 Million on the production budget for Disney and only $99 Million WW Box Office (or a loss of around $100 Million).
This will bump Disney up to over $1.4 Billion in losses so far for 2023.
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Movies I need to add to this thread over the weekend:
Chevalier [FOX Searchlight Pictures] (June 16th, 2023)
Production Budget: $46,000,000
source: https://bestmoviecast.com/chevalier-2023-cast-release-date-plot-budget
-box-office-trailer/
Worldwide Opening Weekend: $1,521,288 (4% of Production Budget)
Current Worldwide Gross: $3,864,206 (9% of Production Budget)
Net Gain/Loss [2.5x RoT]: -$111,135,794 [FINAL]
Net Gain/Loss [2.0x RoT]: -$88,135,794 [FINAL]
The Creator [20th Century Studios] (September 29th, 2023)
Production Budget: $80,000,000
source: https://www.the-numbers.com/movie/Creator-The-(2023)#tab=summary
Worldwide Opening Weekend: $32,300,000 (40% of Production Budget)
FINAL Worldwide Gross: $99,182,308 (124% of Production Budget)
Net Gain/Loss [2.5x RoT]: -$100,817,692 [FINAL]
Net Gain/Loss [2.0x RoT]: -$60,817,692 [FINAL]
Next Goal Wins [FOX Searchlight Pictures] (November 17th, 2023)
Production Budget: $10,000,000
source: https://www.the-numbers.com/movie/Next-Goal-Wins-(US-Film)#tab=summary
Worldwide Opening Weekend: $2,500,295 (30% of Production Budget)
Current Worldwide Gross: $4,042,770 (40% of Production Budget)
Net Gain/Loss [2.5x RoT]: -$20,957,230
Net Gain/Loss [2.0x RoT]: -$15,957,230
Wish [Walt Disney Pictures] (November 22nd, 2023)
Production Budget: $200,000,000
source: https://www.the-numbers.com/movie/Wish-(2023)#tab=summary
Worldwide Opening Weekend: $ (% of Production Budget)
Current Worldwide Gross: $ (% of Production Budget)
Net Gain/Loss [2.5x RoT]: -$
Net Gain/Loss [2.0x RoT]: -$
With Magazine Dreams being cancelled, I believe this is all of the movies Disney was in charge of for 2023 after these get added to the next update.
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With the 3 movies to add from the last post, and the current $451 Million hole that Disney is in for Wish, Disney's got a temporary figure of being $2,019,969,298 in the hole at the Box Office in 2023.
Not really though. I haven't subtracted from that whatever The Marvels and Next Goal Wins since last weekend. It wasn't much, but I already know it was enough to bring it back below $2 BILLION in losses. The Marvels was only at $111M after the first weekend Worldwide and it's added $76 Million for a total of $187 Million now.
Still funny though. Even more so now that we know they're going to lose hundreds of millions on Wish too.
I think I heard that there are two more Searchlight flicks coming out this year that I hadn't accounted for too, so there's still hope. If they were only $10 Million projects like Next Goal Wins and Theater Camp, that won't move the needle, but if both of them end up being as pricey as Chevalier was, Disney could still possibly lose $2 BILLION in 2023 with how bad The Marvels and Wish are doing.
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Maybe you are confused.
Disney WANTED to lose $2B in 2023. That is why they keep putting out Woke Mindvirus trash that nobody is foolish or gullible enough to see.
This is merely the price of being righteous. Or, at least, self-righteous.
I hope all of their investors go broke, after going along with it for so long.
Are there even any franchise brands that Disney hasn't destroyed yet?
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