Disney Backlash: How Much Money Are They Losing with Flop After Flop?

July 18, 2022  ·
  W. D. W. Pro

The Disney Backlash is real. It’s causing Disney to have flop after flop at the box office. We work to figure out the real cost for Disney to keep on this path.

 

Have you noticed how almost every movie other than the Disney-produced stuff has done quite well at the box office this summer? Whether it’s Jurassic World Dominion outperforming Thor week-to-week or Top Gun: Maverick having a legendary hold on theaters, there have been some big-time winners this year. None of them have been from Disney. Instead of riding that wave we’ve witnessed from other companies like Universal and Paramount, Disney has been falling farther and farther behind.

But how much is Disney getting hurt by whatever this backlash might be?

To find out, I decided to just check domestic first weekend tallies. Going with the international numbers can get tricky because people might claim that a ban in China or a Middle Eastern country is unfair for comparisons. Furthermore, Disney’s not finished with some of these movies at the box office, so I’m staying away from total tallies up until this point. If I did, it would actually be worse for Disney since all of these films have had a greater than 60% drop. For comparison, Top Gun: Maverick has never had a 50% drop weekend-to-weekend and has only topped 40% twice. Bottom line: Disney’s movies this summer have opened low and dropped fast.

To figure all of this out, I’m going to pull the projected numbers from Box Office Pro. What I’m doing is taking their best and worst case scenario numbers and going straight down the middle. On both Lightyear and Thor, the films actually debuted lower than the very worst case that Box Office Pro could imagine for them. Then, I’m using The-Numbers to check the actual amount Disney made in the first weekend. After that, we’ll check to see overall how much money Disney lost in comparison to what they were expected to make for the summer. It’s also important to note that this is the second year in a row that Disney is likely to have a majority of their theatrical releases flop. Both Lightyear and Thor are currently projected to fail at the box office to make back their production and marketing budgets (and that’s world wide).

Alright, let’s dive into the numbers…

 

Doctor Strange in the Multiverse of Madness

Debut Weekend Projection:
$210,000,000

Actual Debut Weekend:
$187,420,998

First Weekend Miss Percentage:
10.8%

 

Lightyear

Debut Weekend Projection:
$105,000,000

Actual Debut Weekend:
$50,577,961

First Weekend Miss Percentage:
52%

Thor: Love and Thunder:
$180,000,000

Actual Debut Weekend:
$144,165,107

First Weekend Miss Percentage:
20%

 

Disney Domestic Theatrical Miss Percentage for Summer 2022 Debuts:
27.6% lower than mid-level projections

Domestic First Weekend Real Money Potential Losses:
$22,579,002 + $54,422,039 + $35,834,893 = $112,835,934

 

So just looking at that, it seems to me that the Disney Backlash we’ve discussed, in which a portion of their audience has been alienated by their sociopolitical positions and narratives, cost Disney almost $113 million in debut domestic weekends alone. That’s not including the remainder of the weekends for these films, which again, are worse. It’s not including the world wide tallies, though they’re about this bad. If we start adding it all together, it can easily get into the hundreds of millions of dollars… perhaps as high as half-a-billion dollars… that Disney has failed to accumulate this summer as a result of whatever backlash their facing. That’s not a Bob Chapek backlash, that’s a Disney’s woke agenda backlash. I don’t always like to use the term “woke agenda,” but I’m sort of stuck doing that because Disney’s pain at least in part comes from leaked videos where they talked about a “not so secret gay agenda.” What am I supposed to do when the company’s employees are chatting about that with support from the company in company-sanctioned online events?

 

What do you want me to do when Dr. Jordan Peterson, one of the most influential thinkers in the world, is calling out Disney as being “woke”? I have to address it. Whatever you may think of Peterson and his teachings, he’s hyper-popular in many conservative and moderate circles. Full disclosure: I love most of his material. If Disney executives are curious why a highly influential figure and intellectual is calling them out, maybe in the future don’t let your artists malign private citizens as Red Skull.

 

So there’s a cost here. It’s a big cost. The question is how long Disney — specifically Bob Chapek and the Board — are willing to let this cost continue. There have to be brakes somewhere on this locomotive. And as much as we’ve seen some movement from Chapek and the Board to begin moving in that direction, the hard-stop has to be coming sooner rather than later. Businesses tend not to like leaving hundreds of millions of dollars on the table for an ideological movement.

It’s hard for some people to get their minds wrapped around just how bad things are going for Disney right now. Outside of the theme parks, everything is on proverbial fire. Let’s take a look real quick at how their last domestic box office results have gone:

In 2021:

Pos, Title, Date, Gross Revenue, Tickets Sold

1 Shang-Chi and the Legend of… Sep 3, 2021 $224,543,292  PROFIT 24,486,728
2 Black Widow Jul 9, 2021 $183,651,655  FLOP 20,027,443
3 Eternals Nov 5, 2021 $164,694,432  FLOP 17,960,134
4 Jungle Cruise Jul 30, 2021 $116,987,516  FLOP 12,757,635
5 Encanto Nov 24, 2021 $90,628,329    FLOP 9,883,133
6 Cruella May 28, 2021 $86,103,234    FLOP 9,389,666
7 Raya and the Last Dragon Mar 5, 2021 $54,723,032    FLOP 5,967,615

 

In 2022:

1 Doctor Strange in the Multi… May 6, 2022 $411,196,771  PROFIT 44,841,523
2 Thor: Love and Thunder Jul 8, 2022 $233,271,136  FLOP 25,438,509
3 Lightyear Jun 17, 2022 $115,498,750  FLOP 12,595,283

 

It’s time to start recognizing that this is a huge problem for Disney. The pandemic excuse is done. It’s over. They played that card over and over until Sony came in with Spider-Man No Way Home and showed that was a farce the whole time. And it’s time for the major news organizations to start recognizing that the once-dominant Disney is on fire at the moment. That’s not in the good way. But before they start following our lead in putting out those sorts of stories, it might behoove them to figure out that there’s a Disney Civil War going on behind the scenes. This isn’t a situation where the whole company is behind what is happening. This is an Iger v Chapek situation where the Iger lackeys are determined to burn the company to the ground if it is required to push their agendas.

So there’s the cost of the Disney Backlash. It’s expensive. It’s getting more expensive every day. And not even Mickey is too big to fail.

 

For all the latest news that should be fun, keep reading That Park Place. As always, drop a comment down below and let us know your thoughts.

Author: W. D. W. Pro
Founder, Publisher, CEO WDW Pro is an opinionated commentator on all things Disney and Entertainment. He runs one of the most-viewed pop culture news channels on YouTube with many millions of views every month. First becoming well-known on WDWMagic.com, the author was brought on to work at Pirates and Princesses. Pro has previously released exclusive details on a variety of rumors and leaks before they were made public. Some exclusives have included breaking info on new Epcot attractions, detailing the light saber experience at the Star Wars hotel, reporting a Harrison Ford injury severity before anyone else, revealing Hugh Jackman was coming to the MCU, Storm would be linked with Wakanda and more. WDW Pro has written articles viewed by millions of readers while maintaining an 87% accuracy rating for revealing "insider" information in 2020. In 2021, the author had a better than 90% accuracy on reported leaks and rumors. Pro joined That Park Place on June 22nd, 2021. The author's accolades include being featured on The Daily Wire, cited by Timcast, numerous references by YouTube personalities, as well as having material tweeted by Dr. Jordan Peterson. WDW Pro is honored, and grateful, while hoping to make the world a better place. In 2023, a third party audit found Pro's accuracy for rumors and scoops to be 92.5%. SOCIAL MEDIA: X: http://x.com/wdwpro1 YouTube: https://www.youtube.com/@WDW_Pro EMAIL: wdwpro@thatparkplace.com
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Alex Chaudhari

So any rumors in a positive light about this situation or nothing yet?

Joshua

Yes, I just bought some marshmallows, all ready for the Disney BBQ!

Q*Bert

LOLLLLLLL

Benjamin Bell

I’m not at all surprised that Lightyear did the worst out of all of Disney’s 2022 Summer outings so far.

DarthJ

Good breakdown.

Given that the various content pipelines are working years ahead, there aren’t a lot of quick fixes.

Disney may have to endure quite a number of additional theatrical bombs before they can get “Chapek era content” through the pipeline.

D23 will be very interesting for big long term announcements.

Frozen 3?

TimQ

They need to stop the bleeding. Pinocchio must be changed before release regardless of the blowback from replacing the black and blue queer fairy. Snow White must be scrubbed of more Woke BS although it’s too late to change the lead actress. Sadly, the race swapping Ariel can’t be fixed.

The Cman

Stopping projects that are inflight and not allowing them to damage the brand is a start. Once you get a reputation for a certain type of quality or lack there-of it takes a lot of time to fix that.

Next, it’s way past time to just ‘Peter Rice’ the rest of the “Re-imagine Tomorrow” group.

Anonymous

I hope they end the woke agenda, or else they’ll be gone forever.?