The live action Little Mermaid is at $543 million globally. Chances are good it won’t crack $600 million.
Reports put the cost of production at around $250 million. The break even point for such a budget is typically $700-750 million. So this movie is on track to lose a cool hundred million dollars, which is bad enough already.
But consider the fact that three previous live action remakes have broken the billion dollar barrier at the box office. In terms of established expectations, Little Mermaid is leaving as much as a quarter to a half a billion dollars on the table.
I blame some of this on the inherently flawed concept. Live action versions of people are obviously fine, and simulated live action versions of cuddly animals are popular. Simulated live action versions of dead-eye fish and creepy sea insects? Not as appealing.
But there’s simply no denying that the unnecessary race swapping of white ginger Ariel to yet another black actress did not go over well with non-woke foreign markets. Asian countries in particular roundly rejected this movie, which is why the international box office fell well short of domestic. This trend was completely reversed with the previous live action remakes, btw.
So yeah, don’t run your retard mouth about shit you don’t understand, whoever you were lol
Is there ANY Disney media division that hasn't burnt out already?
Live action = no
Marvel = no
Pixar = no
Star Wars = no
I'm getting ads on YouTube to sign up to Disney plus for the fucking Kardashians! If that's your selling point to pay a monthly fee then your fucked!
Disney+ has been hemorrhaging subscribers. And that’s a double whammy because they can’t even make money putting their own movies and shows on Netflix or Amazon. It all has to prop up their own shrinking streaming service. Bit of a positive feedback loop, really; if their movies and shows were good, they would drive growth of the streaming service.
And it gets more "fun" for them because they are being forced by Comcast to either sell their stakes in Hulu or buy the remaining shares of it, and it is going to cost them billions of dollars. Billions they dont have, either in liquid cash or stock value, which means they will have to sell shit.
It is absolutely insane to me how much Iger has managed to screw up. And it is Iger, because Chapek wasnt even in charge long enough to make changes to the company, and was being undercut by Iger every step of the way.