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Summary
Disneycelebrates its 100th anniversary in 2023 , yet the occasion has turned out to be a letdown given the studio apartment ’s poor box office showing throughout the year . Disney is one of the magnanimous , most recognizable , and most successful companies in the world , and , over the path of its 100 - class run , its film studio apartment has produced hundreds of film , many of them classics . With 2023 marking such a heavy day of remembrance , Disney went all in to prove its deserving , and , unfortunately , it did n’t pay off .
Since its beginning in 1923 , Disney has released revive and live - action mechanism movies through various divisions and product labels . With the studio apartment now include such blockbuster sword as Marvel , Pixar , andStar war , among others , Disney has continued to rank as one of the top - gross company in the domain in recent days . This is why , on top of the ill - time consideration of this also being Disney ’s centennial festivity , its2023 struggle to keep up with its succeeder from former years is especially disappointing .
Related : What To Expect From Disney ’s Next 100 year
2023 Has Been A Disappointing Year For Disney In The Box Office
Its Movies Didn’t Perform As Expected
Disney had a lot of surprise for Disney100 , including the brusque filmOnce Upon a Studio , which gathered many of its iconic character for a grouping picture . The studio apartment also filled its 2023 slate with likely blockbusters , which failed to perform well at the box place . In fact , Disney turn out to be the big also-ran of the 2023 summer picture season . First , the hot - action mechanism version ofThe Little Mermaiddisappointed with a $ 570 million world-wide gross — low compared to similar remakes . The following month , the highly - anticipated action - adventure sequelIndiana Jones and the Dial of Destinybombed with $ 384 million , while July’sHaunted Mansiononly gross $ 117 million .
Also , in the summertime , the animated featureElementalunderperformed in theaters with a $ 495 million gross , furthertarnishing the legacy of Pixar , which used to be relatively consistent with its output of tremendously pop hits . Walt Disney Animation Studios has n’t make out much intimately , either , even during the U.S. holidays , asWishis already a box place washout with its scuttle weekendbringing in only roughly $ 32 million domestically over Thanksgiving .
One of Disney ’s most successful foot soldier , Marvel Studios , also had an underwhelming class . Ant - Man and the Wasp : Quantumania , the third film in theAnt - Manseries , gross only $ 476 million and received mostly minus reviews . Even worse , the studio apartment ’s latest superhero movie , The Marvels , debuted in the U.S. with only $ 46 million , scoringthe lowest opening weekend for the Marvel Cinematic Universeever . The film has since been deemed a fizzle for the enfranchisement .
The only real boxwood place succeeder for Disney among its 2023 title was another MCU rubric : Guardians of the Galaxy Vol . 3 , which conclude its theatrical run with a oecumenical 144 of $ 845 million . Even so , it was wait to attain an amount closer to the $ 1 billion threshold or at least outperform the previous motion picture in its trilogy , which gross $ 863 million . For Disney to have only one successful picture show in 2023 is a dashing hopes .
Related : Disney share Heartfelt Video keep 100 Years Of Powerful Stories
What’s Gone Wrong For Disney In 2023?
There Are Multiple Factors Involved
Walter Elias Disney late revealeda staggering $ 965 million lossdue to its major theatrical and streaming disappointment . Disney has always been a giant in the industry , owning the MCU , Pixar , Star Wars , Avatar , and many other pop brands and franchise , which would guarantee its success . This formula betray in 2023 , and there have been a number of agent involve as to why Disney struggled to keep its momentum get going this year . One issue wasthe WGA and SAG - AFTRA ten-strike , which caused delays in product and scheduling and special marketing and promotion .
Another trouble for Disney ’s 2023 slating was itsover - inflated budgets , construct it hard for a pic to break even , let alone earn a profits . Most of the studio ’s theatrical release needed to get close to the $ 1 billion chump to be successful . Also , despite these huge budgets , the caliber of the movie is n’t on the tier of what Disney has delivered before . Most of the moving-picture show receivedmixed or negative reviews , have audience to jump them . The only exclusion with mostly positive reviews wasGuardians of the Galaxy Vol . 3 , which was also a commercial success as a result .
2023 Disney Movies ( In rules of order Of Release )
Worldwide Box Office Gross
Ant - Man and the Wasp : Quantumania
$ 476.1 million
Guardians of the Galaxy Vol . 3
$ 845.6 million
The Little Mermaid
Custom image by SR Image Editor
$ 569.6 million
Elemental
$ 494.7 million
Indiana Jones and the Dial of fate
$ 384 million
Haunted Mansion
$ 117.4 million
The wonder
$ 188.8 million ( so far )
like
$ 48.9 million ( so far )
There is also a culture modification at script , and Disney does n’t seem to have accounted for that . The grocery store does n’t seem to be that concerned in remakes or overdone IPs likeIndiana JonesandHaunted Mansionanymore . Plus , there seems to be an over - dependence on democratic mark and a nidus on anoversaturated food market when it comes to superhero films . WhileAvengers : Endgamewas a can’t - fille success , the MCU ’s late installment , The Marvels , is just the superhero film of the calendar month . There was also the studio ’s pandemic - geological era - induced reliance on Disney+ , which has ensue inviewers growing accustomed to jump the theatersand watch everything from the comfort of their home .
Can Disney Get Back On Its Feet In 2024?
Disney Has A Lot Of New Titles Up Its Sleeve
Disney ’s 2024 moving-picture show slate is not as full as it could be due to the Hollywood strikes , but a small provision of movies could actually be good for the studio apartment to get back on its foundation . no matter of anterior disappointments , the audience is always curious about what ’s come next from Pixar , which animated classic is due for a live - action remaking , and what sequels are on the way . The upcoming year ’s release have the chance to turn affair around witha number of 2024 blockbusters being very probable hits , include the sequelsKingdom of the Planet of the Apes , Alien : Romulus , andDeadpool 3and the prequelMufasa : The Lion King .
link : Disney ’s coming Movie Releases - From 2023 To 2027
Disney will also continue to sharpen on its animated celluloid , andthe studio is pass water sequels its top priorityin that arena as well . In 2024 , the studio apartment will premiere Pixar’sInside Out 2 , which has the potential to become a winner forDisneyand aid it reverse its hazard after a bleak 2023 , given that the firstInside Outgrossed close to $ 1 billion worldwide .
