• Re: Magic is over at Disney, with $900 Million lost on recent releases, including The Little Mermaid

    From Transheuser-Busch@transheuser-busch@gmail.com to alt.disney,alt.fan.rush-limbaugh,rec.arts.disney.parks,sac.politics,talk.politics.guns on Sun Jul 2 13:10:26 2023
    From Newsgroup: rec.arts.disney.parks

    On 11 Feb 2022, Steve Cummings <jthomqx@gmail.com> posted some news:su5tli$16tgr$7@news.freedyn.de:

    Deer Disney, maybe woke isn't the way to go. But if you insist, we'll
    help you kill and bury the company. There are alternatives.

    According to box office analyst Valliant Renegade, The Walt Disney Co. has faced significant losses, nearing $900 million, on its last eight studio releases. Titles like "The Little Mermaid" and "Guardians of the Galaxy" haven't been able to deliver the expected results, adding to Disney's
    economic woes. In fact, two of their recent films, "Strange World" and "Lightyear," were outright flops.

    Valliant Renegade highlighted an important aspect in a YouTube video,
    saying: "One of the things that we always talk about here, that is the
    perfect time to remind everybody, is that Disney consumes all of its own content post-theatrical." This means that Disney no longer licenses their content, like the Marvel Cinematic Universe, to third-party platforms such
    as Netflix. As a result, they have lost out on billions of dollars' worth
    of potential revenue from these contracts.

    So, it's not just the box office losses that need to be considered; there
    are also economic opportunity costs to take into account. If Disney had pursued licensing deals with major streamers like Netflix or Amazon Prime,
    or adopted a model similar to Universal's split Pay 1 window, they could
    have generated much more revenue. However, Disney has chosen to keep their content exclusively on Disney+ to support their own streaming platform.

    https://www.marca.com/en/lifestyle/movies/2023/06/25/6497ba4e22601dfd6e8b4 56c.html
    --- Synchronet 3.21a-Linux NewsLink 1.2