Disney CEO Admits Disney Plus Content Is Diluting Audiences' Focus From Its Theatrical Tentpoles

July 14, 2023 at 11:06 PM IST
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Disney CEO Admits Disney Plus Content Is Diluting Audiences' Focus From Its Theatrical Tentpoles

Los Angeles, July 14 - Disney CEO Bob Iger has admitted that Marvel making a number of Disney+ series is diluting the audiences' focus and attention from theatrical tentpole and this is one of the main reasons for the underwhelming box office performance of recent Marvel and Disney movies.





During a recent interview with CNBC's David Faber (via Variety), Iger cited that the studio has screwed up audiences' expectations by making so much Disney-plus content. Over the last few months, Disney has had some major setbacks regarding the theatrical outcome as films like "Ant-Man and the Wasp: Quantumania", "Elemental" and "Indiana Jones and the Dial of Destiny", disappoint at the box office.





"There have been some disappointments. We would have liked some of our more recent releases to perform better", Iger said. "It's reflective not as a problem from a personnel perspective, but I think in our zeal to basically grow our content significantly to serve mostly our streaming offerings, we ended up taxing our people way beyond — in terms of their time and their focus — way beyond where they had been".





He continued, "Marvel's a great example of that. They had not been in the TV business at any significant level. Not only did they increase their movie output, but they ended up making a number of television series, and frankly, it diluted focus and attention. That is, I think, more of the cause than anything".





Apart from the live-action movies, the underwhelming box office performances of Pixar's "Elemental" and "Lightyear" also came as a major shock to Disney. Pixar movies have given rich rewards to Disney over the year and Iger admits that the studio's decision to put three Pixar movies, "Soul", "Luca" and "Turning Red" on Disney+ in a row during the pandemic has created a negative impact on the audiences.





"There were three Pixar releases in a row that went direct to streaming, in part because of — mostly because of COVID. And I think that may have created an expectation in the audience that they're going to eventually be on streaming and probably quickly, and there wasn't an urgency. And then I think there was some, I think you’d have to agree that there were some creative misses, as well", he said.





Stay tuned...



Published on July 14, 2023 at 5:36 PM

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BY SACNILK

Mumbai, August 7 - The crossover no one knew they needed has officially become the biggest streaming phenomenon of the year. Sony Pictures Animation and Netflix’s Oscar-winning animated musical fantasy, KPop Demon Hunters, has not only dominated the global Top 10 charts across 93 countries, but it has also officially solidified its status as one of the most-watched original movies in Netflix history. Directed by Maggie Kang and Chris Appelhans, the film is a vibrant "love letter" to K-pop culture and Korean heritage. The plot follows HUNTR/X, a world-renowned K-pop girl group consisting of members Rumi (Arden Cho), Mira (May Hong), and Zoey (Ji-young Yoo). When they aren't selling out massive stadiums, the trio uses their musical abilities and secret identities as badass demon hunters to protect their fans from supernatural threats. (adsbygoogle = window.adsbygoogle || []).push({}) The stakes skyrocket when a rival boy band, the Saja Boys (led by Ahn Hyo-seop's character, Jinu), is revealed to be high-ranking demons in disguise planning a massive supernatural uprising. Why the Internet is Obsessed The Soundtrack - The film's explosive viral footprint is fueled by a massive, highly dedicated fandom. The film's flagship single, "Golden," made history by becoming the first-ever K-pop song to win a Grammy for Best Song Written for Visual Media, alongside taking home an Academy Award. Lore and Relationships - Viewers are flooding search engines with hyper-specific questions regarding character dynamics. The unresolved tension and viral query "Why didn't Rumi and Jinu kiss?" has sparked endless debate, fan fiction, and deep-dive TikTok analyses. The Aesthetic - Heavily influenced by live concert lighting, modern music videos, and Korean dramas, the film's neon-infused, highly stylised animation serves as a masterclass in visual storytelling. (adsbygoogle = window.adsbygoogle || []).push({}) What’s Next: Short Films and Sequel Details Because of the unprecedented viewership, Netflix and Sony have quickly locked down the future of the franchise. A K-Pop Demon Hunter Story, a 10-minute prequel exploring how the members of HUNTR/X first met and discovered their powers. KPop Demon Hunters 2, the sequel, has been planned for a 2029 debut, expanding the universe's mythology and diving heavily into the backstories of Mira and Zoey.

The Odyssey North America Box Office: $422.5M Cume as Nolan Epic Shatters Star Wars and R-Rated Records Hollywood
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The Odyssey North America Box Office: $422.5M Cume as Nolan Epic Shatters Star Wars and R-Rated Records

BY SACNILK

Christopher Nolan's latest epic, The Odyssey, is currently reaching milestones that place it among the most successful films in US box office history. In just 20 days, the movie has reached a domestic total of 422.5 million dollars. This performance has already pushed it past the lifetime runs of massive titles like Star Wars: Revenge of the Sith, Toy Story 3, and Jurassic World: Fallen Kingdom, making it the 44th highest-grossing film of all time in the United States. The mid-week numbers are particularly revealing about the film's long-term potential. On its third Wednesday, it earned 8.4 million dollars, representing a very slim 38.3 percent drop. To put this into perspective, Top Gun: Maverick, which was famous for its steady holds, saw a steeper 47 percent drop during the same period. This level of retention suggests that the movie is benefiting from significant word-of-mouth and repeat viewings, even while facing direct competition from the massive opening of Spider-Man: Brand New Day. (adsbygoogle = window.adsbygoogle || []).push({}) For R-rated cinema, these results are unprecedented. This Wednesday was the highest ever recorded for an R-rated film, comfortably beating the previous records held by Deadpool & Wolverine and Nolan's own Oppenheimer. It also stands as the best third Wednesday of Nolan's career, outperforming the mid-week holds of The Dark Knight and Inception. On the all-time charts for this specific day, it now ranks as the fifth-biggest third Wednesday overall, and the single biggest for any non-holiday release. The film is expected to break into the all-time domestic Top 40 by tonight, likely surpassing the lifetime totals of Captain Marvel and Zootopia 2. With 550 million dollars now considered a certainty for its North American run, the final domestic total is projected to land between 580 million and 600 million dollars. This would make it the third highest-grossing film of 2026 so far, proving that high-budget, adult-oriented dramas can still compete with the largest superhero franchises when handled by a filmmaker of Nolan's caliber. (adsbygoogle = window.adsbygoogle || []).push({}) Globally, the outlook remains just as strong. Having already surpassed the lifetime gross of Oppenheimer and reached the 1 billion dollar mark, the film is preparing for major upcoming openings in China and Japan. If the film maintains the steady holds seen in European markets like Italy, its final worldwide tally is expected to settle between 1.4 billion and 1.5 billion dollars. This performance confirms that The Odyssey is not just a hit, but a rare cinematic event that is sustaining its momentum well into its first month of release.

Spider-Man: Brand New Day Week 1 Box Office: Over 400 Cr India Gross with Just Rs. 45 Cr Left to Beat Endgame Domestically Hollywood
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Spider-Man: Brand New Day Week 1 Box Office: Over 400 Cr India Gross with Just Rs. 45 Cr Left to Beat Endgame Domestically

BY SACNILK

Spider-Man: Brand New Day has arrived with the kind of momentum that defines a cinematic event. The buzz surrounding the film was evident long before the first show, and the actual numbers now confirm that it is connecting with audiences on a massive scale. This latest entry in the franchise is not just another blockbuster; it is currently the primary driver for theater occupancy across the country, showing a level of interest that has essentially taken over the box office landscape for the year 2026. The performance in India has been particularly robust, characterized by a very strong opening and steady hold. The film started its journey with a Day 1 net collection of ₹60.60 Cr, immediately setting the tone for the week. It saw a healthy growth over the first weekend, with Sunday hitting a peak net of ₹77.75 Cr. Even with a standard Monday drop, the film remained consistent throughout the weekdays, officially crossing the ₹300 Cr net milestone on its sixth day of release. By the end of its first eight days, the total India net collection stands at ₹334.70 Cr, while the gross collection has reached ₹400.21 Cr. (adsbygoogle = window.adsbygoogle || []).push({}) Spider-Man: Brand New Day - India Day-wise PerformanceDayIndia Gross CollectionIndia Net CollectionMilestone StatusDay 1₹ 72.44 Cr₹ 60.60 CrCrossed 50Cr NetDay 2₹ 59.03 Cr₹ 49.35 CrCrossed 100Cr NetDay 3₹ 84.01 Cr₹ 70.25 CrCrossed 150Cr NetDay 4₹ 92.98 Cr₹ 77.75 CrCrossed 200Cr NetDay 5₹ 28.44 Cr₹ 23.80 CrMonday StabilityDay 6₹ 26.01 Cr₹ 21.75 CrCrossed 300Cr NetDay 7₹ 20.33 Cr₹ 17.00 CrSteady WeekdayDay 8₹ 16.98 Cr₹ 14.20 CrWeek 1 India Gross: ₹400.21 Cr A closer look at the format-wise breakdown shows that Indian fans have a massive preference for the immersive 3D experience. For the English version, 3D tracked footfalls reached 4,365,977 with 2,562,617 of those being without block seats. This is significantly higher than the English 2D version, which saw 909,693 footfalls and 536,701 without block seats. A similar trend was visible for the Hindi version, where 3D pulled in 3,087,284 fans with 2,147,296 without block seats, compared to 1,210,472 total and 819,909 without block seats for 2D. This data clearly indicates that audiences are willing to pay a premium for the 3D spectacle. (adsbygoogle = window.adsbygoogle || []).push({}) The overall ticket sales reflect this high demand across all platforms. BookMyShow has recorded nearly 7 million ticket sales so far, starting with a 2 million pre-sale cushion. National chains like PVR, INOX, and Cinepolis have been instrumental, accounting for over 3,150,000 tickets during the extended opening week. On Day 8, these chains sold approximately 93,000 tickets, resulting in a gross of ₹4 Cr from nearly 7,900 shows. While the occupancy has settled at around 6 percent on the second Thursday, the volume remains high enough to keep the film at the top of the charts. The global story is even more significant as the film continues to rewrite all-time records across every major territory. With an overseas gross of ₹7,600 Cr, the total worldwide collection has reached a staggering ₹12,500 Cr within its first week alone. In the race to the 1 Billion dollar mark, Spider-Man: Brand New Day achieved the feat in just 6 days. While it missed the top spot held by Avengers: Endgame, which reached the milestone in 5 days, it is now officially the second-fastest film in history to hit that global benchmark. (adsbygoogle = window.adsbygoogle || []).push({}) However, according to Venky Box Office, this new Spider-Man entry managed to beat Endgame in several key domestic categories in North America. It became the fastest film ever to gross 500 million dollars domestically, hitting that milestone in just 7 days compared to the 8 days it took for Endgame. Furthermore, it has officially claimed the title for the highest domestic opening weekend of all time, bringing in 360 million dollars and narrowly surpassing the 357.1 million dollar record previously held by the Avengers. These figures confirm that the film is operating on a scale that is rarely seen in the global film industry.