A well-known Box office analyst has estimated that the Walt Disney Co. has lost over $890 million on their last eight studio releases.

Has Disney lost money on their latest movies?

The Walt Disney Company has had a rough time at the box office for a year and a half. Poor numbers with Indiana Jones and the Dial of Destiny (2023), Strange World (2022), Lightyear (2022), and others have caused the studio to lose hundreds of millions with each film.

Has Disney been losing money?

As the company shifted to streaming, it seemed set up to lap Netflix and eat the box office at the same time. But today, Disney's stock is at a nine-year low. Operating margins are down 75 percent. Disney+ lost $4 billion last year.

What movies have lost Disney money?

Has Disney lost money 2023?

EPS from continuing operations for the nine months ended July 1, 2023 decreased to $1.14 from $1.66 in the prior-year period. Excluding certain items⁽¹⁾, diluted EPS for the nine months ended July 1, 2023 decreased to $2.94 from $3.22 in the prior-year period.

Disney has lost Over 900 Million Dollars

Is Disney financially struggling?

In fact, Disney has underperformed the market over any time frame over the last 10 years, and it's no secret why. The company has struggled with the transition from linear TV to streaming, which was hastened by the pandemic.

Why are Disney profits down?

The slump comes after Disney posted its worst stock return in 48 years in 2022, shedding 44% as investors largely grew fed up with mounting streaming losses as the economic outlook took a turn for the worse.

What movie almost bankrupted Disney?

Disney wasn't always the media behemoth it is today, in fact, this movie nearly ended the company. In 1985, Disney released its 25th animated feature, The Black Cauldron. The movie was based on The Chronicles of Prydain novels by Lloyd Alexander which were rooted in Welsh mythology.

What is Disney's least successful movie?

The Black Cauldron (1985)

Apparently, it only took two and a half decades for Walt Disney Productions to forget the lesson of Sleeping Beauty. At the time it was released, The Black Cauldron was the most expensive animated film ever made and it too was a massive flop in theaters.

Has Disney ever been in debt?

Long term debt can be defined as the sum of all long term debt fields. Disney long term debt for the quarter ending June 30, 2023 was $44.544B, a 3.21% decline year-over-year. Disney long term debt for 2022 was $45.299B, a 6.68% decline from 2021. Disney long term debt for 2021 was $48.54B, a 8.27% decline from 2020.

Is Disney declining or growing?

Top-line revenue growth for Disney's direct-to-consumer operations grew by 9.2% on an annual basis to reach $5.53 billion in the calendar second quarter.

Is Disney losing ratings?

Disney's traditional channels had $1.9 billion in quarterly operating income, down 23 percent from a year earlier. Disney cited lower ad sales at ABC, partly because of viewership declines, and lower payments from ESPN subscribers, along with higher sports programming costs.

Is Disney losing viewers?

Disney+ subscriptions fell from 157.8 million worldwide to 146.1 million, a loss of 11.7 million — more than doubling last quarter's record decline, and it included a decrease of 300,000 in the U.S. and Canada where subscribers fell to 46 million.

What rights is Disney losing?

According to US copyright law, the rights for a character expire 95 years after the publication of the original work. Disney will lose the Mickey Mouse copyright for Steamboat Willie in 2024, since the short animated film was produced and distributed in 1928.

What was Disney's biggest movie flop?

Unfortunately, his John Carter was the biggest live-action failure Disney has ever had. The movie had a huge budget of $250 million, and it even eventually crossed the $300 million mark before tax deductions (via Forbes).

Is Disney losing Mickey Mouse?

In 1928, copyrights lasted for 28 years, with the option for renewal of another 28 years. As of 2023, Mickey Mouse was published almost 95 years ago. The copyright of the original Mickey Mouse character – as it appeared in “Steamboat Willie” – expires on January 1, 2024.

What is Disney's 1 movie?

In 1937, Walt Disney Animation Studios released its first fully animated feature film, Snow White and the Seven Dwarfs, pioneering a new form of family entertainment.

Which movie spent the least money ever?

The Blair Witch Project (1999)

Writers, directors and editors Daniel Myrick and Eduardo Sánchez spent between $35,000 and $60,000 shooting “The Blair Witch Project,” making it arguably the cheapest movie ever made.

What Disney movie has the highest ratings?

1. The Lion King (1994) - IMDb Rating: 8.5. The Lion King (or Hamlet for kids) is an animated musical film that tells the story of Simba, a young lion who must reclaim his place as the rightful king of the Pride Lands.

Why is Disney removing movies?

In the wake of Disney's second-quarter earnings report, a number of movies, shows, and other projects have been removed from Disney+. Cutting content to cut costs has become the norm within the streaming world with platforms such as Max, Netflix, and Hulu doing the same.

Why is Disney pulling movies?

Disney is slowing down when it comes to making movies and TV series for its Marvel Studios and Lucasfilm franchises, CEO Bob Iger said Thursday on CNBC. The move comes as the company is looking to cut costs during a time when its recent films, from Marvel to animation, have underwhelmed at the box office.

What new Disney movie is controversial?

The new 'Snow White' remake won't be out for months but it's already at the center of a heated controversy. "Snow White" is the next classic animated Disney film getting the live-action remake treatment. The film — which is not out until 2024 — has been mired in several controversies already.

Why is Disney losing customers?

Disney+ has been losing customers to price increases, as well as collapsing demand in India after the company failed to win cricket streaming rights.

Is Disney financially strong?

The Walt Disney Co has the Financial Strength Rank of 6.

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors: 1. The debt burden that the company has as measured by its Interest Coverage (current year).

Is Disney still making a profit?

In the third quarter of 2023, the Walt Disney Company reported a net income of around 1.41 billion U.S. dollars, whereas in the second quarter of this year, it reported 1.27 billion U.S. dollars in net income.