11/29/2023

Disney Loses Millions After New Movies Flop At Box Office:

.Disney’s latest film “Wish,” which premiered during thanksgiving weekend, flopped at the box office and brought in only $31.6 million over the five-day period, far below box office analysts’ expectations of between $45 million and $55 million.

The budget for the film was $250 million, its break even was $500 million, the global gross was $150 million, and the deficit was -$175 million.

 Disney has never historically underperformed at the box office on Thanksgiving.

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Fans are reflected in Disney+ logo during the Walt Disney D23 Expo in Anaheim, California on September 9, 2022. (Photo by Patrick T. FALLON / AFP) (Photo by PATRICK T. FALLON/AFP via Getty Images)

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