Iger also had some pointed words regarding Star Wars, movies are in "development" however they won't get made unless the quality is up to par.
Yeah, he's now saying that Disney is aiming for "quality, not quantity." What that says to me is, "we're going to lay off a lot of people and spend less money." Disney CEO Bob Iger Weighs In On Marvel and Star Wars Sequels – The Hollywood Reporter “I’m really pleased that the support that I’m getting from the content creators of the company is significant and real, and it comes in the form of reducing the expense per content, whether it’s a TV series or a film, where costs have just skyrocketed in a huge way and not a supportable way in my opinion. They all agree to that,” Iger said, adding that it was also about “understanding how much volume we need, reducing how much we make. So it’s how much we spend on what we make and how much we make.” “And as we look to reduce the content that we’re creating for our own platforms, there probably are opportunities to license to third parties,” Iger said. “For a while that was verboten or something we couldn’t possibly do, because we were so favoring our own streaming platforms. But if we get to a point where we need less content for those platforms, and we still have the capability of producing that content, why not use it to grow revenue? And that’s what we would likely do.”
Almost sounds like he's creating an exit strategy to shut down Disney +, I guess they're learning that the streaming business is NOT a license to print money, it's more like a license to LOSE $.
It really does. Amazingly we’re less than 3.5 years into Disney+ and the takeaways seem to be: It’s a big money loser These big film budgets don’t scale to streaming Disney has over saturated the audiences of some of their most valuable IPs with too much content Disney has hurt their theatrical prospects by training customers to wait for streaming Disney has the resources to pull themselves out of the hole they’re in, but they’ve got a tough road ahead. These next few years are going to challenge them.
Disney aiming at quality over quantity. What decade was this last true? Why else has Disney acquired these IP's? They acquired them to exploit them, plain and simple. What else is new? Not only have they oversaturated the market for these IP's, they have made a concerted effort to corrupt the core cannon behind these franchises.
I think what it really means is, "uh-oh... we're losing too much money! Let's spend less money and be a lot more risk-adverse from now on!"
Naaaaa, Apple is still worth $2.38 trillion dollars. That's far more than every movie studio and network on earth, plus Amazon ($945 billion). By comparison, Apple spends so comparatively little on TV, it's like pocket change. They've spent ten times more on developing a self-driving car, and that's not even a product yet.
Apple is building a 500,000-square feet office space for Apple TV in Santa Monica in the next year or two. That's a huge expense in a pretty expensive part of LA, and it's what I'd call a very serious commitment... Apple hopes to break ground on new L.A. office campus in 2023
Pffft, I can easily beat that. Let's talk Sardine Feeding habits. Diatoms! https://www.researchgate.net/public...ps_from_Ratnagiri_coast_off_Maharashtra_India
Too bad they didn't produce an industrial musical. "Everything's Coming Up Profits" for these people. Apple would have the best one if they had the guts to produce one.
I agree. I like Strong Green Pecs and I can not lie either. Especially since we have Cerebral Palsy Awareness Month right now. I can rock Green Pecs and be proud. Find my own inner Hulk!
I miss the days when a Pixar new movie was exciting, fresh, and innovative. And the characters and writing was smart, sophisticated, and subtle. Movies you had to watch multiple times. Tell all your friends about how cool they were. Kids and grownups both had things to enjoy about them. And the wit and humor top notch.
I have a love/hate relationship with Apple: we make a very good living with an all-Mac office, but I'm not happy with how Apple is run as a corporate entity, I think they do a lot of anti-user things (on the road to profit), and I find their security/permissions problems pernicious. But Windows is getting to be every bit as bad. Getting this back to the hits and bombs of 2023: as far as Hollywood is concerned, every Hollywoo client/producer/editor I've dealt with in the last five years has been exclusively Macintosh. So they've successfully wooed the creative types into their Apple web. I don't know WTF has happened with Pixar lately. From The Good Dinosaur on, I think they've kind of come off the rails. I'd blame it on them firing John Lasseter (over "Me Too" charges), but that was after 2015.
Finding Nemo and Frozen are very close to home. It's made kids more aware of characters with differences.
hmmm...... so the US really is the only country that matters for BO Avatar II ...maybe broke even at best and that is a big maybe they will gut the budget for #3 that is for sure
Well, Avatar 2 cost somewhere around $400 million (plus $60 million in R&D), but made $2.284 billion dollars -- and counting. Generally the multiplier for blockbusters is 2.5X to break even, but it's fair to say that Avatar 2 is well over 4X cost. That means it made money... big money. More than $1.5 billion of Avatar 2's gross box office came from overseas, so the overseas market was extremely important; "only" about $700 million came from the U.S. audience.
so Disney made aprx 500 million at best from International and 350 million domestically so 850 million or so is what Disney is bringing home on this a $400 million profit Rentals (the portion of box office that studios receive) is roughly 50% domestically and 33% internationally. Rentals in key markets are poor however. For example, in China, films are distributed by a government entity and studios only receive 10% of box. Since it differs by country, all we know is that the average is somewhere around 1/3. This means that the foreign box office receipts (in this case) are 100% essential for the success of a huge blockbuster
The hilarious thing is that they bought Marvel and Star Wars to attract a more male demographic, as Disney was predominately a female franchise. To create a streaming platform they needed to bring in the families with boys. Makes perfect sense, you have content for all. They then proceed to replace nearly every male character with a Mary Sue and making new content aimed at girls. Which kind of makes the whole purchase of those IPs original purchase pointless. It takes a level of incompetence to kill the Star Wars film franchise so quickly and ruin the MCU after such a good (pre political) start. I mean what idiot goes into a toy shop and sees all these great Marvel heroes and thinks 'these are hugely popular, young boys love Cap and Iron Man and Hulk etc, we can make a fortune here' and then decides to get rid of them all and replace them with mostly women that no-one cares about in the slightest? Disney has an awful lot of work to do to win back fans but considering they still have the same people in charge I doubt they have a clue how to fix it. Its good to see they are cancelling the likes of Echo and Harkness, who on earth wants these things. Bad content just destroys the brand. WB seem to be starting to licence out the DC characters, I think Disney should consider the same as the only TV shows of genuine quality were made by Netflix.
People don't care about the male/female thing , maybe some gay men care (which is perfectly ok), the average person going into these films, they just want to be entertained the 1st Wonder Woman , 1st Captain Marvel , showed if you make a good movie people will show up make a good comic book people will buy it I do realize there is a sub-section of comic book/movie fans , that are gay (and that is perfectly fine) I think they even produce their own non-Marvel/DC books to great success with very Muscular Men and very little content that would appeal to women what is it called? Comics-Gate or something like that?
