Another box office bomb for Disney.
According to a report from The Wall Street Journal, Disney’s newest animated film 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 summer’s “Lightyear”—an unusual record for a company long considered a guaranteed hitmaker in children’s entertainment.
It has been years since Disney’s animation division has experienced a theatrical performance as bad as “Strange World.” In March 2021, the company’s “Raya and the Last Dragon” 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 “Strange World” highlights one of the issues facing Mr. Iger, who was Disney’s chief executive from 2005 to 2020 and returned to the top job last week when the company’s 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 “Strange World” collected a measly $18.6 million after opening Wednesday https://t.co/Bdk6vhWmMR
— The Wall Street Journal (@WSJ) November 27, 2022