Another box office bomb for Disney.
According to a report from The Wall StreetĀ Journal, Disney’s newest animated filmĀ Strange World tanked at the box office over the holiday weekend, taking in just $4.2 million on opening night; the movie cost $180 million to make.
From The Wall Street Journal:
That showing marks the second 2022 misfire from Disney, after this summerās āLightyearāāan unusual record for a company long considered a guaranteed hitmaker in childrenās entertainment.
It has been years since Disneyās animation division has experienced a theatrical performance as bad as āStrange World.ā In March 2021, the companyās āRaya and the Last Dragonā opened to $8.5 million amid a pandemic landscape that saw moviegoing plummet, but other examples of such a low opening are more than 10 years old.
Disney can weather a miss or two. But the poor performance of āStrange Worldā highlights one of the issues facing Mr. Iger, who was Disneyās chief executive from 2005 to 2020 and returned to the top job last week when the companyās board of directors shocked Hollywood and fired his one-time successor, Bob Chapek. He returns to a theatrical environment far harsher to animated releases than the one he left.
More over at The Wall Street Journal:
The Disney animated release āStrange Worldā collected a measly $18.6 million after opening Wednesday https://t.co/Bdk6vhWmMR
— The Wall Street Journal (@WSJ) November 27, 2022