In a video titled, "Disney Is Bleeding Out At The Box Office," YouTuber Valliant Renegade introduced each of the eight films over the last year that have set the company on a downward trend. These included: Lightyear, Thor: Love and Thunder, Strange World, Black Panther: Wakanda Forever, Antman and The Wasp: Quantumania, Guardians of the Galaxy: Volume 3, Elemental, and The Little Mermaid. The Little Mermaid and Elemental are still playing in theaters.
He said that the cash Disney is able to make on the films is dropping "because of two major problems," which includes that "the films they are putting out just aren't reaching the same audiences that they used to."
The analyst pulled up a chart of his findings with the money spent and earned on each of the eight films over the course of the year. The total spent on all the movies, according to the chart based on public information and expert analysis, was $2.75 billion.
In a second chart, he showed the revenues that Disney would have received both domestically and internationally from box offices. The total made in revenue for the eight releases amounted to only about $1.86 billion. The loss, according to these estimates, would total around $890 million.
Valiant Renegade touched on "Avatar: The Way of Water" because Disney had the distribution rights to the film. He speculated that it may have made up for some of the losses that the company had from its eight others. However, he added that the majority of the revenues from the film likely went to James Cameron's own studio.
Lastly, he pointed out that since Disney chose to not license the movies out to Netflix or Amazon, the opportunity cost, or what the company would have made had they did make contracts with those streaming services, was one billion dollars.
He ended saying that what has driven the ability for Disney to make films such as these are profits from other ventures such as "theme parks and resorts" but the company "can't go on forever" in this fashion.
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