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Dan Murrell estimates Disney theatrical losses for 2023 to be $1,374,919,357
Posted on 12/6/23 at 9:19 pm
Posted on 12/6/23 at 9:19 pm
19
Posted on 12/6/23 at 9:26 pm to BilJ
I don’t care who you are, you can’t take a billion dollar loss
Posted on 12/6/23 at 10:46 pm to BilJ
I don't know if they have the organizational ability to fix their problems. The individual properties might have to be sold off to be rescued by a functional entertainment group.
Are there any? Functional in the sense of committed to making good material and possessing the financial power to buy whatever isn't ruined beyond repair?
Are there any? Functional in the sense of committed to making good material and possessing the financial power to buy whatever isn't ruined beyond repair?
Posted on 12/6/23 at 10:49 pm to BilJ
quote:I have it as $1,374,919,356.95
Dan Murrell estimates Disney theatrical losses for 2023 to be $1,374,919,357
More media exaggeration
Posted on 12/6/23 at 11:19 pm to BilJ
Don’t worry. Iger will fix this by centering a new Marvel movie around Leslie Jones.
Posted on 12/7/23 at 6:39 am to BilJ
As the rat hole burns
Posted on 12/7/23 at 6:48 am to BilJ
All part of the plan.
Posted on 12/7/23 at 7:11 am to BilJ
Without better transparency, it is difficult to even do broad stroke estimates.
What I am confident of, is they've lost at least $750m on films released in 2023. And if it really is approaching 2x that, I won't be all that surprised.
The UK tax credits probably complicate the math some, as well as sneaky cost shifting, Disney paying itself for things, on the books for tax purposes, etc. Again, I'm confident it is at least $750m though, in real world money.
What I am confident of, is they've lost at least $750m on films released in 2023. And if it really is approaching 2x that, I won't be all that surprised.
The UK tax credits probably complicate the math some, as well as sneaky cost shifting, Disney paying itself for things, on the books for tax purposes, etc. Again, I'm confident it is at least $750m though, in real world money.
Posted on 12/7/23 at 7:24 am to BilJ
Is that a lot for the mouse?
Posted on 12/7/23 at 7:32 am to BilJ
Seems like 2024 shouldn’t be any different as I just saw a trailer for a woman spider man coming out next year
This post was edited on 12/7/23 at 7:33 am
Posted on 12/7/23 at 7:40 am to BilJ
Spend more, make less. Success!
Posted on 12/7/23 at 7:48 am to NIH
quote:
Don’t worry. Iger will fix this by centering a new Marvel movie around Leslie Jones.
Iger is a money guy and likely doesn't have any real principles in this culture war or whatever we want to call it.
Which means a $1.37bn loss cannot stand. I can only imagine what their focus groups are telling them. He has to figure out how to get his creative division to get back to traditional entertainment without causing a revolt and a bunch of crying to the media.
Posted on 12/7/23 at 8:08 am to RidiculousHype
quote:
He has to figure out how to get his creative division to get back to traditional entertainment without causing a revolt and a bunch of crying to the media.
That seems impossible with how deeply they've dug themselves into that woke hole. They'd have to essentially fire everyone current and start back over. Which don't get me wrong, that's what they should do. But it will come with a massive media hit about how stupid everyone involved is and has been,.
Posted on 12/7/23 at 8:14 am to BilJ
Posted on 12/7/23 at 8:16 am to CBandits82
When you’re being funded by the WEF losses like that aren’t crippling. Disney will continue to churn out propaganda until investors take legal action.
Posted on 12/7/23 at 8:31 am to BilJ
And they are in a big lawsuit over the use of stolen MOVA technology that was used in multiple Avengers movies and Guardians of the Galaxy 3. If they are disgorged of some of those huge profits, the losses can really start to add up. Don't forget the bomb that is Snow White that is right around the corner too. Hollywood Reporter
Posted on 12/7/23 at 8:32 am to RidiculousHype
quote:
ger is a money guy and likely doesn't have any real principles in this culture war or whatever we want to call it.
Iger was contemplating a run for president as a dem at one point in his career. If you think he doesn’t have principles in a culture war you are mistaken
Posted on 12/7/23 at 8:50 am to RidiculousHype
quote:
Iger is a money guy and likely doesn't have any real principles in this culture war or whatever we want to call it.
That is the narrative they try to paint, however the actions contradict that. The journey Disney is on, is directly linked to his leadership.
Iger is a puppet to the real money people and what they are trying to do in shaping American values.
Posted on 12/7/23 at 9:11 am to BilJ
It will only get worse. The parks have remained pretty strong through all of this, but Disney leverages their IP to their parks. Anybody give a shite about a Marvels, Elemental, or Wish ride?
They've gotta pivot to what worked in the past, ie. Toy Story 5 and Zootopia 2, but I'm not taking my kids to see that shite. I'll wait until it hits streaming.
They've gotta pivot to what worked in the past, ie. Toy Story 5 and Zootopia 2, but I'm not taking my kids to see that shite. I'll wait until it hits streaming.
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