The reason for Turning Red's failure was the same reason that many of Pixar's newer films have not performed well - it was released simultaneously on Disney+. This meant that audiences could watch it from the comfort of their own homes, which obviously impacted the movie's worldwide box office results.
One of the biggest controversies comes from viewers seeing the movie as too mature, or inappropriate. Namely, this comes when Mei first transforms into the red panda, and her mom assumes she started her period – though the word is never actually spoken.
An opposites-attract love story and parable about following your dreams, “Elemental” arrived to $29.6 million in domestic ticket sales in June — the worst opening in Pixar history, by a mile. Little by little, however, the $200 million film became a hit, collecting nearly $500 million worldwide.
While the film was praised by critics, it didn't fare well financially. Disney's decision to release Turning Red in both theaters and on their streaming service Disney+ factored into the movie's financial underperformance, losing $167 million at the box office.
Because of the pandemic, the film studio, like many others, had to adjust its strategy regarding releasing new titles, and ever since theaters opened back up, Disney's box office numbers have failed to return to their pre-pandemic glory.
Once Encanto hit streaming, it was a global sensation. Kids all over were watching the movie over and over again, and the soundtrack was inescapable, so it is easy to forget that the film only made $256 million worldwide.
“Wish” fell behind the opening weekend gross of nearly every other film produced by Walt Disney Animation Studios, only surpassing the openings of a few flops like “Strange World” and “Raya and the Last Dragon,” and it failed to reach the highs of its seven films that opened with more than $45 million in the 2010s.
All the character models and assets began erasing. Oren Jacob, who eventually became the Chief Technical Officer for Pixar, worked as an associate technical director for Toy Story 2. In 2012, he talked to The Next Web about what happened.
The highest-grossing Pixar movie of all time is Incredibles 2, raking in $608 million domestically and $1.2 billion worldwide. The sequel takes place directly after the conclusion of the first film, and explores Mrs. Incredible's new secret missions, which are designed to bring supers back into the spotlight.
The lunar eclipse of May 2002 was actually a penumbral eclipse, and so the moon would not have appeared red. Also, the eclipse was not visible from Toronto. The movie places a lot of emphasis on the colorful money of Canada, displaying the 2001 Canadian Journey banknotes.
The film grossed over $298 million domestically and more than $263 million internationally. However, for a movie to be considered a box office success, it generally has to gross at least 2.5x its production budget, which never includes the expenses to promote the film.
Loop is a 2020 American computer-animated drama short film directed and written by Erica Milsom with the story being written by Adam Burke, Matthias De Clercq and Milsom, produced by Pixar Animation Studios, and distributed by Walt Disney Studios Motion Pictures.
In total, Disney has lost more than $10 billion on its streaming service venture since it was introduced in 2019. On Disney's earnings call, Iger reiterated that the company is “confident” that its streaming services will achieve profitability by the end of 2024.
But Fantasia in 1940 and Bambi in 1942 flopped at the box office. Those failures, paired with the World War II-induced slowdown, meant Disney was in dire straits yet again. Disney isn't in the same position as it once was.
Deadline Hollywood calculated the film lost the studio $106 million, when factoring together all expenses and revenues. In the United States and Canada, Lightyear was projected to gross $70–85 million from 4,255 theaters in its opening weekend, with some estimates reaching as high as $105 million.
Disney still relies on old-line channels like ESPN and ABC for roughly a third of its operating profits — and those outlets are being maimed by cord cutting, sports programming costs and advertiser pullback.
