Key Takeaways:
– Four of the five major box-office flops in 2023 were Disney productions.
– The Marvels, the Captain Marvel sequel, topped the list with losses totaling $237 million.
– The last installment of Indiana Jones, Disney’s 100th anniversary animation, and the Haunted Mansion flick were other big failures.
– Disney still managed to be the second-highest grossing studio in 2023.
Despite housing major franchises including Marvel, Star Wars, and Pixar, Disney had a challenging year in 2023. The entertainment giant, renowned for its box-office successes, faced a different fate as it witnessed multiple cinematic flops. According to a Deadline report, Disney accounted for four out of the five major box-office failures the previous year.
The Marvels: An Unexpected Setback
Heading the list of disappointments was the much-anticipated sequel to Captain Marvel, The Marvels, featuring Brie Larson, Iman Vellani, and Teyonah Parris. In stark contrast to its predecessor’s whopping $1.1 billion box-office haul, The Marvels was a disappointing underperformer, gathering a mere $206 million globally. It put Disney back by an alarming $237 million, a massive departure from the initial expectations.
Indiana Jones and the Dial of Destiny: Farewell Not Well-Received
Following The Marvels was the last installment in the iconic Indiana Jones series starring Harrison Ford. The movie, titled Indiana Jones and the Dial of Destiny, suffered a grim fate grossing just $384 million worldwide, resulting in a $143 million loss for the studio.
Disney’s 100th Anniversary Animation: No Wish Fulfilment
In a misfortune that continued to plague the entertainment giant, its 100th-anniversary animation, Wish also failed to make a considerable impact. Audience reception was lukewarm, with the film raking in only $253 million worldwide, causing Disney to bear another deficit, this time amounting to $131 million.
Haunted Mansion: A Haunted Attempt
Closing the list of Disney’s unfortunate ventures was Haunted Mansion. Despite the ensemble cast including acclaimed actors like LaKeith Stanfield, Tiffany Haddish, and Owen Wilson, among others, the film could only manage a global earning of $117 million, resulting in a total loss equal to the film’s earnings.
Light at the End of the Tunnel
Yet, amid this unexpected downward spiral, Disney managed to hold its own, yielding an impressive $4.827 billion and securing its position as the second-highest grossing studio of the year. This outcome was second only to Universal Pictures, which emerged as the top earner pulling in $4.907 billion, thanks to blockbusters like Oppenheimer and The Super Mario Bros. Movie.
Perspective
Regardless of the disappointing performance of certain high-profile releases, Disney’s ability to maintain its strong standing in the global box-office testifies to the corporation’s formidable resilience. The mammoth entertainment entity, with a vast array of highly successful franchises to its credit, remains a major player to keep an eye on in the ever-dynamic world of entertainment, further underscoring the fact that a few setbacks are but mere blips on the radar.
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