Disney are in Trouble: The 4 Huge Problems
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- Опубликовано: 14 май 2024
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On Wednesday Disney announced their latest quarterly earnings... and the results weren't great. So in this video we run through the companies Movie, Television, Disney+ and Parks Divisions to unpack what's going wrong for Disney.
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GO WOKE GO BROKE! That's what a lot of people are saying in the comments, and saying we missed from our analysis. So here's us addressing that, and seeing if it's true: ruclips.net/video/5SybR3KiBMw/видео.html
Is it supposed to be 'Disney is" as opposed to" Disney are"? I didn't think Disney was plural.
Yep u missed the mark on that... dunno how u made a full analysis while not addressing this. Only reason I don't let my kids watch anything disney in Canada....
@@CharlieCrack9980with that name and they let you have children? Enlighten me, what is so outrageous about Disney Canada?
@@th3oryO Yeah, TLDR didn't read it's grammar book.
@@th3oryOThat’s UK English. Presumably the idea is that Disney is an entity made up of individuals and several smaller entities, so it is correct to refer to it with plural verbs. I suppose in the US, we look at it as one business, and so use the singular “is.”
Disney managed to destroy not only Disney itself, but Marvel, Pixar, Lucasfilm.
A, yes the woke stuff
Bob iger hads become the Donald trump of the Hollywood, he cant actually do Business and he lies to kingdom come to keep face😅
@@chheinrich8486 The downturn was caused by Bob predecessor's policies. He bet on quantity. Bob wants to go back to quality. I think this is a good move as competition is fierce in the media market. It's going to be okay if bob gets the woke thing out of the system.
@@Ruffel24 dont fool yourself, bob iger had a lot of power even when chaoek Was CEO and most of disneys current problems are bron from iger
@@Ruffel24what is ‘wok’?
You know your streaming service is in trouble not when people pirate your content; but when people can pirate your content but still don't.
That is me, not even worth my time to pirate it
Good one! I imagine that no one wants to wade through an open sewer with zero reward in the end.
Its been a while since I pirated something from Disney and Pixar
It must be rough for consumers to be without any decent content.
Savage 🤣. I was just waiting for this comment lol
I think the worst part is that all of this could have been avoided IF they didn’t just buy anything and everything, rushing productions, and not giving projects a chance
I think the acquisitions of 20th century fox was huge gamble. They spend over 70 billion just to buy the brand meaning they need fill in that amount.
Probably feeling the effects now
It would have been avoided if bob Eisner had not entered the Disney company
This could've been avoided if they used decent writers, put money into shows and stopped trying to make everyone something they're not and then insult the entire fucking fan base at the same time. If you make a show about "Obi-Wan Kenobi," then I expect, Obi Wan fucking Kenobi. Not Reva. Why hello there.
@@strikeforcealpha9343 Disney would be better off if it decided to dip into adult animation in the late 70s.
Maybe but the entire company's success has always been based on its ownership of IP. The reason they bought Marvel or star wars was to to be able to use the characters in their theme parks, any money they bring in on top of that is just a bonus.
As for their streaming service I would be a little sceptical about the loss figures since it is set up as a separate subsidiary and the majority of it's expenses is owed to other parts of Disney. Honestly the only purchase that is really questionable is ESPN it just doesn't fit.
The first step to turning things around is admitting you have a problem. They are nowhere near that.
That’s just going to repel more guests
You can't use Disney's 3.4 billion in ticket sales as a positive, considering how they spent almost 5 billion to make and market those movies, including the theater's cut.
i think he meant revenue tho
which is different than profit
still, they lost money
U can. Disney just spends too much
Yes, he doesn't seem to understand that "market share' in this business means nothing. Literally nothing. Each movie is an individual project with an independent P&L. They picked that lock to a certain extent with the MCU - they learned they could drop the quality of individual releases and still get billion dollar hits because of an overarching story - but Endgame came and went. That isn't working now. The fact that Disney has more "market share" is simply because they are putting out more movies... each of which is losing money and hurting the shareholders. But Disney management and the board don't care much about that anymore.
Its more a postive that they can take within a not good larger picture which is what hes saying, and I agree. It might not be going well but things could be a lot worse. The movies underpreformed but they didnt collapse (maybe the pixar and haunted mansion but i think disney knew the haunted mansion one would as they sacfriced it by moving it up)
@@csmith1453 Market share means alot in the peg spoke model that disney uses but he doesn't use any firm numbers expect for tv which is odd because the numbers are public.
After seeing how badly Disney butchered Star Wars, their borderline anti consumer policies in the parks, and how they poisoned the movie industry by driving the sequels, remakes, reboots, cinematic universes nonsense, I'm honestly happy to see Disney get what they deserve. Hopefully they can return to formula and actually make decent content instead of prioritizing mass produced swill.
Well they need to go bankrupt to be taught a lesson. They are major anti customer as you're not allowed to even bring your own bottle of water. You have to buy their overpriced water and lunch and snacks at their parks. No outside food. Rip-off comes to mind. They keep selling refried beans like fans won't know the movies are all rehashed trash.
Modern Disney hates its origins and men. Walt Disney put love and passion into building Disney up. Modern Disney is about tearing itself and others down for being 'problematic'.
@@jonfreeman9682while I agree on the movies, you're wrong about the parks. Outside food and drink is welcomed as long as it's not alcohol.
Disney going bankrupt is a canon event
@@HellsFallenAngel1 There's plenty to complain about Disney without having to bring politics into it...
Pointing to Avatar 2 as a success is pretty absurd, that was in development long before they got their hands on it. All they had to do was to not interfere and let Cameron do his thing.
Exactly 😅😅
Yes, but I think they mean more a success in the sense that Disney got lots of money for it, not creatively.
Lol I guess avatar could’ve been a lot worse than it already was.
I would say today, even that they were able to just let him do his thing, was a success.....
EXACTLY! Thats all Disney have to do with ALL these huge, beloved IPs they own now; just don't frickin interfere with them! They really need to just leave the Creatives to simply do their thing and Disney would make huge money.
Avatar although while I'm not the biggest fan, it's clear that movie did so well because its just a visual spectacle, with simply no woke, identity, socio politics whatsoever. This is what Families and Audiences want, just good, wholesome entertainment.
Also I think the whole theme of Jake Sully and the "Family Unit" was nice and refreshing for audiences and families with that movie.
But yeh, Disney just really need to drop the ideology bs, people don't want lectering and told what they should be a "ally" for. Disney need to focus on getting back to what they always were in the past, simply a "Family Entertainment" Company.
Good riddence. They created an utterly grotesque monopoly, and continue to lose money.
Even before they became the giant in the entertainment industry, they were a bit dodgey.
Disney's suffers from the diseases of sequels and remakes. One would think with so many more writers than that there would even more novel and creative scripts.
Sequels wouldn't have been much of a problem if they've used the established audience to try novel and creative ideas while keeping a veneer of familiarity.
Instead they make everything reliant on the same formula, no matter if the movies are related to one another or even if they're a different franchise/brand :/
I mean they pretty much launched this hollywood remake fever
Writers aren’t allowed to write their own ip.
They hire writers based on their politics rather than on merit.
Writers are paid to write what they're told, according to very specific plans that go way beyond "what's an interesting and creative plot." Writers may write but studio execs decide if they pay for it or not, what stays and what gets cut.
You wanna have a fundamental say in Hollywood's IP decisions? Forget writing and become a studio exec (not that you'll get there of course, it's just an expression.)
The one Star Wars show that bucked the trend (excellent production, well written, spectacular acting) was Andor, and one of the reasons was a big Writer's Room, with deep and prolonged involvement of many of the other areas in the writing such as set, costume, makeup and prop designers. It's a show about a side character in an auxiliary movie to the main saga, not even a part of it, and it made the other shows look embarrassing, even outside the universe like the Marvel ones. This, plus the big Writer's Room which is the very opposite of what Hollywood wants probably means they'll kill it with fire in the second season and any other production that thinks it can do the same.
Is the answer to the current crisis to have less writers? Perhaps AI cookie-cutter trash barfed by deepfake drones? Because you seem to imply the problem is an excess of writers and not the incompetence of the people who lead them and decide what is spent on and what gets thrown into the garbage bin.
What kind of a "Karen" attitude is that? It's basically the same as yelling at employees for things they have no control over, and then advocating in favor of the people who actually shafted you, to reward them for shafting you. What kind of madness is this?
Just like in politics: "Hands off my Medicare! Which is why I'll vote for the people who have very explicitly announced they plan on cutting Social Security if they win."
Truly, the "Useful Idiot" has evolved into such a sophisticated form since the time of my grandparents, and yet we haven't tapped even 10% of its true potential even now (eyeroll)...
Due to all its screwing with the public domain laws throughout the years, I can't help but to gleefully snicker as the Disney empire is burning...
That’s it. They deserve to dissapear
Regular people don’t care
+
Bingo, Sonny Bono was the perfect shill for pushing that legislation through.
1. Their output stinks. They’ve over managed their creative’s work and forcing them to just “make” things when they don’t have anything that they’re inspired to make. Of course it’s going to be crap. Also, their live action versions of movies plan that they’re insistent on which ruins their movie legacy is terrible.
2. People have less money for frivolous things (mainly cause of wage stagnation), why would they pay Disney any reasonable amount of money to see junk content when they need it for food and rent?
I have no idea why they thought any normal person would ever want these live action re releases. They are so bad and boring for any average cinema goer.
"emotional and gritty hot weels movie" is a sentence i never thought i whould hear
I remember in the 90's Disney was in similar crisis because of Michael Eisner's mismanagement. Then an agressive takeover maneuver made by Steve Jobs and part of Disney's major shareholders supported by Walt's nephew Roy Disney jr took control from Eisner. In order to avoid long and costly lawsuits Eisner made an agreement to quit Disney, by which he retired xtremely rich and put Iger as CEO. It looks like Iger now wants to follow his mentor's footsteps, but this time it seems nobody wants to risk personal fortunes to save Disney anymore...
While I personally doubt it’ll happen, Apple has always been the popular pick to buy up Disney, so maybe history will repeat itself. The Disney brand isn’t quite so damaged that it would be impossible to rehabilitate its public image, and if Tim Apple believes he can turn things around, then it’s literally a once-in-a-lifetime opportunity to pick up a company like Disney on the cheap.
Michael Eisner had some great ideas like releasing their library of movies and cartoons on VHS 📼. Back in those days they would rerelease the same movies again every few years for next generation of kids and his thesis was it's better to sell it on home video when VHS was new. Milk the back catalogue of movies to bring in cash to make better newer movies and he's right. The old movies wouldn't sell today as movie tech advanced more and more. The second thing he did was get into TV sports entertainment and boy was that a cash cow. The third thing to a lesser extent was he expanded the theme parks. But that's where his genius stops as computer animation was coming he got into a dispute with Steve Jobs over distribution. That's where the board weren't happy with the direction and Bob Iger stepped in to and started an acquisition spree. That's Bob Iger genius he bought Pixar, paid a high price back then $7B, bought Marvel and Star Wars cheap then bought Fox, too early to tell still. But this acquisitions paid off big time. Marvel and Star Wars already paid for itself many times over. Pixar has been lackluster ever since they kicked John Lasseter out as he was the creative genius behind toy story. Now it's time for the next phase of Disney. But give credit to Eisner and Iger as they both carried the torch for a long time and did well. Now it's time for another reinvention.
Worked for Eisner in the 90-2000 and enjoyed my time there. I did college program 97 and advanced internship in 2000. At the time I left the Disney Institute was starting the process of restructuring the Disney Institute. I enjoyed the focus on education in the parks and all the classes the Institute offered. Many of those classes and camp programs were cut once I left.
The big problem is that movies these days are just too expensive to make, and Disney is the primary culprit. Between production, marketing and distribution costs, something like Indiana Jones 5 needed to make 700 million dollars before it would start turning a profit. But something like Oppenheimer with a much more modest (but let's be honest, still massive) 100 million dollar budget starts writing a profit at more like 250 million. Added bonus, because it's so much cheaper, they would get to make more movies and spread the risk, but the execs at Disney seems convinced that every movie can do Avengers Endgame numbers.
exactly, disney want want every movie to be a billion dollar success. im baffled that disney even though indiana jones had a chance to make good money. the last movie was released in 2008. the franchise have very little relevance now. dial of destiny earned 40% less than crystal skull in its opening weekend and dial of destiny wasnt even on any streaming services.
disney should really consider spending 10 million+ on hireing good writers, treat them well and make them involved in the projects (not some gig work shit) and more likely earn back those 10 mill and much more. its kind of funny seeing these big companies do everything they can to save a few millions, while their movies make them lose 100s of millions at the same time. they could even just choose to animate those old movies instead, would likely cost a lot less.
Budget does make a difference in movies but is not the dominant variable to the equation... Disney's problem is that they alienated 50% of their customers while spending more! When a company focuses more on hot topic issues instead of focusing on products, this is always going to be a problem, and the United States has plenty of examples.
Precisely. What’s really troubling is we are seeing a real lack of mid range budgeted films. All the focus seems to be on giant “blockbusters” with ridiculously inflated budgets which as you say hugely affects margins- ie. more money to film, more money it needs to earn. Just look back at the nineties and the number of modestly budget films that still made a decent amount of profit. Things like “The Fugitive”, a budget of 44 million yet it brought in 270 million. Even taking inflation into account, if they made The Fugitive today that 44 million would be a 90 million budget, still very reasonable by today’s standards.
Disney and the other big film companies seem to think just throwing money at something is gonna make it better. CGI is costly, and whilst it can solve a lot of problems the cost is it’s own. Sometimes it cheaper and easier to things in camera with practical stuff. But Disney doesn’t seem to think so.
@@yvindvego9404 a good indiana jones movie would have been the biggest movie of the year. the IP is maybe not as relavant as in the past but its good enough to turn a well selling good movie into a giant hit.
The Issue was that they turned a heroic 90 minute action movie into a total mess.
They aren’t too expensive to make. They’re just money laundering fronts.
To make it worse. Disney has to pay between 10 bill and 30 bill to comcast at the start of next year in a one off payment for Hulu. A small streaming service, that they do not have the money for.
If that’s the case they should back out of the deal and keep Hulu a WB property for now cuz 30 billion dollars spent could cripple the company, maybe even force it into bankruptcy.
All of Disney's growth happened when they were investing in the artform first and only treated profit as a bottom line (and not as the bar itself), and all of Disney's decline has happened since they made the transition to focus on profits first. Great lesson for anyone following in their footsteps!
They did well because they used up all their best Marvel stories. Their grade A stuff culminating in the Avengers. Now after such a high it's tough to sustain that but they're preparing for the next phase leading up to the Avengers secret wars.
This is basically the problem for modern business, Most have forgotten that profits come when you produce goods and services people actually want to buy, If you focus on making great products and services, the Profits look after there selves. (though having a good marketing team helps).
I would argue that their problems started when they insisted that lecturing and preaching to people is more important than good storytelling.
Disney lost ALL of their major ongoing cartoons that pulled in viewers of all ages now that Amphibia and the Owl House wrapped up, and they've refused to make anything new in that same niche, with their current shows much more tightly focused on younger kids... And proving less interesting for those children without the more complex storylines and characters too.
It probably hasn't had as big of an impact as any of these other decisions and failures, but it's a sign of the wider problem: They're being too safe, too corporate, and they need to let creatives cook a little more.
They need more shows for teens, so far I have no intrest in any of the marvel or star wars content I used to love, they need to put effort and passion into their shows, plus give creators the time to make shows good.
I also liked the look, idea and feel of elemental, I think it mainly flopped because everything else disney is doing has left a sour taste in peoples mouths.
Its wild to me how suits always flock to creativity, monetize it, then take control of it despite their skill being monetization not creativity. Then when the "art" is nice and standardized, like their balance sheets, they are confused when its not art and no one cares about it.
The ability to recognize their own strengths and weaknesses and not just think they know it all because they are good at money would do them some good.
@@weird-guyTrue. All the teens are watching Bluey on RUclips.
they need to think out of the box more when it comes to tv. I like shows that have a overachieving story because I can get invested
@@maninanikittycat4238 I would recommend Andor. Its really good.
Disney have been making films that try to empower characters without development, without true obstacles to overcome, learn and develop from. They just go for this "They're already powerful as fuck, they just need to wait for the ending scene to be the winner" and that's somehow become the norm writing effort from Disney, Pixar and Marvel studios. Luca and Encanto are the last films really worth watching from Disney, I would recommend Lightyear but they could've do so much better than the boring ass story they jumped with.
The early Live Action remakes told us everything we needed to know about the quality. Some are quite good and worth a watch, but most are derivative. The remakes tended to make fat bank for Disney until recently.
My main problem is that all this new baggage is added with the cinema style that FORBIDS movie magic. Nothing is allowed to be unrealistic, which means we belabor every plot point, explain anything left to the imagination in the original, Etc.
Makes for a boring AF pitch "Hey, remember that fairy tale wonderfully drawn as animated storybook? We took out all that, the aged like milk bits and put in a bunch of snarky asides to camera in every scene with the pallet of ivory painted wall through out the year. Just ignore all the H8ters they are all just Big-Os!"
Um... No, because its lazy storytelling, a crappy recasting of the original that makes me wanna shout " Why so SERIOUS?!"
Make a movie were I'm allowed to get lost in the story for +90 minutes. Make it like Shrek if you have to, a dumb rump through the story books of the past can be pretty fun with the right approach! Make it silly, or take the old story but put it somewhere new! Just make something that DOESNT feel like Sunday school skit for Left wingers but with a bottomless budget.
They seem to follow this formula with each of their marvel TV series, which ends up making each one too similar to incentivise people to watch. Secret invasion was marketed as a spy thriller, yet it ends with a cgi boss fight? Same with moon knight. They just need more creative freedom then people would be more interested.
Bob Chapek kicked in the door and said "I need 18 projects in two years"... true story. He got high on Disney+'s meteoric rise and wanted to overtake Netflix by D+ alone.
@@aishaalamoudi599Disney+ didn't have a meteoric rise. They just counted all the Disney Hotstar subscribers in India paying 14 cents a month as part of the Disney+ total.
And a lot of those projects were greenlit by Iger originally.
I've noticed they have also put out a lot more content in the past year than usual. I think the strategy here is that they have run out of ideas, so they are gonna pump out a bunch of films in quick succession to keep money constantly flowing in steadily (even if its at a loss). For now its a numbers game where they are choosing quantity over quality.
@@00FLet them burn. My wallet remains unconvinced by their approach. Think I’ll leave it firmly closed.
I am unlimited amounts of frustrated with how they formulized Avatar 2. The freaking suits need to understand that they DONT understand creativity and they cant standardize it.
Avatar one was an excellent expression of individuals struggling against pressures, and how they personally decided to deal with them. There was no true "evil" people, because of the way that the movie played with perspective. Even the CEO wasnt an inherently horrible person, he was just a puppet who would have been replaced the instant he didnt dance. The movie was beautiful both in mind and in vision.
Avatar 2 was a reskinned marvel movie.
How you managed a whole video without even mentioning the rejection of wokeness and especially LGBTQIA+ ideologies is an example of dogmatic bias
Exactly that has defiantly played a role in why people are turning out for films and generally avoiding Disney I’d be very surprised if that new Snow White movie doesn’t bomb hard after what the lead actress was saying/ doing
Who could have foreseen that making terrible movies and attacking its fanbase would cause declining viewership. Disney has been bringing out movies that lack creativity and just iterate on a theme for some years now. This is the biggest cause for people largely ignoring their Marvel releases.
Say what you mean by this.
@@tdwinnerfordinner Just compare Marvel phase 3 against phase 4. The quality in storytelling, special/visual effects, character development, enjoyability, .. is just huge. Phase 4 just plain sucked. It took a while until most people realized the trend, but even the most die hard fans have now stopped going to these crappy movies. Add to that that the showrunners and directors have started to actively and publicly attack their fanbase and calling them racist and bigoted just becasue they didn't like their crappy movies. Instead of accepting the justified criticism of the fans and to question their current way of making movies, they went on the offensive and started a war with the fanbase, which is just not a smart thing to do if you want to make money.
@@jimhalpert9421Guardians 3 was actually a phenomenal end to the story and made $845 million worldwide.
And I kind of actually liked Thor 4, Black Panther 2, and Ant Man 3 despite the flaws in them
They called out The Fandom Menace for harassing actresses and actors
If they had kept their library on Netflix or partnered with HBO to give it exclusive rights, they would have had to make less investment and have a higher profit overall since the costs wouldn't be so high to maintain as it is to run your own streaming service.
But no, they got greedy AF and thought people would just take whatever it was that they churned out, no matter how much it sucked.
Also, the moment they start cracking on password sharing, that will be the final nail in the coffin for Disney +. Management is not taking into account that a lot of people who do that have to share the account with other people chipping in so they can afford it in the first place. Making this impossible while raising the cost of subscription will just make a lot of people to leave the platform and go sailing the high seas.
Greed is one hell of a thing because it makes you blind.
about the password sharing crackdown, yeah people said the same thing when Netflix does it, but it turns out they made a growth on new membership because of the password crackdown
Disney has become more interested in either nostalgia-bait or preaching to its audience what Disney executives believe everyone should believe.
Or, sometimes, both in one.
Nostalgia works jus look at the Barbie movie
@@weird-guy Nostalgia done well, absolutely. Just look at Little Mermaid.
@@jeffkadlec8264Little Mermaid sucked, felt dull and lifeless minus the effects and cast
All they had to do was just convert Hulu (which already existed) into their own streaming service rather than waste billions on Disney +
Well Hulu is a separate service. You are billed for Disney and if you want Hulu they'll give you a bundled deal. Hulu is like the competitor to HBO and AMC.
Disneys biggest problem in almost every sector is OVER SPENDING. The Little Mermaid outperformed most of the live action remakes and grossed over 500 million but was a loss after a 400m budget not including advertising. Indiana Jones also performed comparable to its franchise counterparts but cost twice as much to produce because they had to CG the crap out of it because they used an 80 year old Harrison Ford in an action movie. When you add the overspend for college football deals on ESPN, lower returns from UFC after some underperforming PPVs, marketing failures for Elemental and Haunted Mansion, and low ad revenue they were destined to fail. The bad word of mouth for a lot of their content doesn’t help but they have been striking out just about everywhere
They’ve been poor stewards of company resources and now want to charge consumers 2x for the same streaming service that they have bloated with filler content. Charging an extra $7 can’t make up for bad business decisions
Iger is the main problem for Disney, I’m baffled they rehired him. He isn’t going to dig them out of the hole he dug them into
This. I thought no one saw the absurdity of this.
Wtf are you talking about? When Igor left, Disney was doing great. His successor then pushed to triple cash cow IP output....
@@6thface I politely disagree. With the benefit of hindsight, it seems Iger's main 'talent' was not to nurture creativity and new ideas from within, but to hoover up IP from outside the company, then squeeze as much value out of it as possible, sometimes devaluing it in the process (e.g. Star Wars). His acquisition of Fox just before the pandemic put Disney deep in the red at the worst possible moment (yes, he couldn't have predicted the pandemic, but he massively overpaid and it was a bad deal with or without the pandemic).
As for Chapek, he barely had enough time to clear up this mess and didn't have a clear vision of his own for the company, so he floundered and was eventually given the role of fall guy, once Iger's mistakes really started to hurt.
Iger can't repeat his old trick of just buying new IP because now credit is a lot more expensive - interest rates aare shooting up, making borrowing a lot more expensive and there's not much more IP that Disney can actually buy, even if they could afford it.
I thought everyone knew that Chapek was a scapegoat lol
Iger was still on the board when Chapek became CEO. Chapek was free from Iger's influence for roughly a few months, and even then nobody wanted to listen to him. Chapek ordered to halt some of the Marvel shows/productions to cut costs, but executives declined stating that Marvel signed the deals and nothing could be done about it. That really did upset him, because the moment that happened, Christine McCarthy started to openly undermine him with the goal of succeeding him. That idea completely bombed the moment she realized Iger wasn't planning on stepping down at all. He flunked his way into politics and then with fake confidence came back to lead Disney. There was no way it could have ended well.
Also, Iger is a very egoistic person. Bob believes that he is the only one capable of running Disney, and also some other bs propaganda that he himself made up.
Therefore, I and many others (JPMorgan, Goldman Sachs, and BoA bankers included) believe Disney will keep on declining until it resolves the issue with management.
Iger is just an acquisition guy who buys out the competition. That's all he does. He did Bob Chapek dirty set him up to take the fall for Iger's mess. Iger is not a creative.
6:00 Nither Black Panther or Dr. Strange hit a billion dollar in 2022. The only films to do that was Jurassic World 3 (Universal), Top Gun 2 (Paramount) and Avatar 2 (20th Century/ Disney).
And even JW3 wasn't amazing that movie let down alot of fans who were promised Dinosaurs out in the open all over the planet, and humans struggling to survive and co-exist.
@@RaikenXionJurassic park stop being good after the first so I dunno what kind of exception people had
I would argue had Tchalla not being write off it would have made a difference but I feel like it was due to the superhero fatigue
@wrestlinganime4life288 atleast JP2 was decent, 3 was absolute lazy rehash, and the rest just well the same and the overall story got real stupid from JW onward.
Both did well and was close. Both were hits and fans love them but it's honestly getting repetitive.
The problem is that these movies require an insane amount of money to produce. This means the investors are extremely risk-adverse. And so they've been producing the same unimaginative cookie-cutter garbage over the last decade, making movies of genres that used to be successful but now everyone is tired of and remakes and sequels that nobody was asking for. You can't make a good movie by committee and without taking any risks.
The park division is living on borrowed time and goodwill. They have started fleecing their customers to a degree that most people who visit will never be back for a second time and will also warn their friends and family about the currently not so pleasant experience. There is still a lot of people left who have last visited more than 5-10 years ago when the parks were still very enjoyable and so don't know any better. But as soon as this pool of people has dried up, it will be a very harsh awakening for the parks. Fleecing customers that hard only works for a limited amount of time. What I mean by fleecing: Higher and higher prices for everything, taking previously included things away and adding more and more upcharges, noticeable lower maintenance efforts, adding only very few and mostly uninspired and low quality new attractions, taking older and beloved attractions away, ridiculously long wait times if you don't pay for line skipping services, increasingly more expensive food while the food quality sharply declines, firing many cast members without replacement which leads to a noticeable lack of customer service, adding super low effort cookie cutter hotels while in the past every hotel was designed with care and felt special, I could go on...
It doesn't matter if Disney is still pulling in the largest sums of money from their films, what matters is whether they are profitable.
For a supposed 'business' channel, it's astonishing that you would lose sight of that...
I'd say that another segment that's always been crucial to Disney's success has been merchandising and the key has been in launching new mega-popular animated franchises (think of all the toys and clothes that Frozen sold to little girls when the first movie hit for an example). The recent emphasis on sequels and live-action remakes just doesn't deliver nearly as well in that department and the failure of projects like Elemental really has to sting. We're approaching the back-to-school season and Disney really hasn't produced a new character this year that all the kids are going to want on their backpacks
I’m surprised this isn’t a vertical itself , licensing is a huge part of these franchises
No wonder Disney+ is losing money. They don't care about localization at all.
They have bundles : the us Disney + and Hulu, emea Disney + and star and India Disney + and hotstar (but they lost ipl and hbo now)
Nice English man
The entire industry charged headfirst into the streaming model, and now have scratch its head and wonder "But how do we actually make this work, financially??"
One option is underpay and erorde working conditions for your show runners, but thankfully that's majorly biting them in the arse now. With time Disney may just need to accept that "What if shows were as expensive looking (and to make) as movies?" might never have been a good idea.
Disney are creatively bankrupt, politically bankrupt and, with Hulu on the horizon, soon to be financially bankrupt. I'll shed a brief tear for the loss of my childhood memories. And then I'll open the champagne.
Offers Disney a "chilling challenge" was a superb inside joke for the Haunted Mansion. Chapeau!
WAIT Elemental DID Success in a sense so it wasn't that much of a failure. So much that it got off to a bad start, but rose slightly better as the weeks continued...
the good thing about this is disney can no longer afford to ignore the quality of there films
To be fair, Disney won't change strategy because they think they're too big to fail
Serious grammar question:
In England, why would "are" be used when "Disney" is singular?
As an American, who also is obsessed with proper grammar, the "Disney are..." instead of "Disney is..." seriously confused me from such a smart channel.
Disney's ugly fight with Florida's governor, DeSantis, affected Disneyworld and might indirectly Disney's other divisions. Consumers might have more negative views of Disney's overall.
I stopped watching TV nearly 20 yrs ago. It was just nothing but low effort crap and reality TV every where. I watched some TV when I was spending the night in a hotel while traveling. TV was exactly the same crap that I stopped watching in the first place. So I cant say I am surprised to hear TV is struggling lol. RUclips content creators do a far superior job of entertaining me. And I don't get hit with constant adds like I would with TV.
In Australia and New Zealand, it has been announced that they will be pulling out of physical media and that Guardians of the Galaxy Volume 3 will be the last Disney movie to be getting a DVD/Blu-Ray/4K release and all future TV shows and movies will be on Disney + exclusively with some also on TVOD streaming sites. All other movies will only be available while stocks last. This could severely limit Disney content in Australasia if Disney pulls the plug on streaming in the future and goes back to putting content on Netflix.
Now that the age of cheap streaming is over, physical media will make a comeback (is making a comeback). This decision to ditch physical media will hurt Disney in the long run.
@@simonfrost7094 True. I went and bought box sets of my favourite shows because I just don't trust streaming services to hold onto them for much longer.
@@simonfrost7094 special collection edition of movies
@@simonfrost7094exactly, and this is how companies die when they make stupid decisions.
Another reason why physical media wins is that it can't be retrospectively edited to placate whichever interest group is screaming loudest/offended most at the present time
I think Disney's real major problems are lack of originality and the willingness to allow movie makers to insult the audience. If those two things can be fixed, then Disney can reverse the downward trend.
It was the Fandom Menace’s fault for harassing John Boyega, Daisy Ridley, and Kelly Marie Tran
Just to correct you, Indiana jones didn’t even make its “budget” it’s several hundred million in the red
Just to make sure, you mean 'Indiana Jones' correct?
budget = 300mil
box office 370mil
@Haris1, you're forgetting there's also the marketing budget on top of that, which is usually $200 million for a film like this.
fairs@@scorpioproductions7068
And the cinema's take a huge cut of the box office, that's why they needed close to a billion to make indiana jones a success.
Phase 4 is what I've taken to calling a Sleeper Flop (a phrase coined by Todd in the Shadows). It profited on the momentum that the MCU built up, but it set a precedent for declining quality and now they're paying for it.
Guardians 3 was actually phenomenal though
It was emotional, intense, but still full of heart and humor and a fantastic end to the series
@@RB01.10 Haven't seen it. It may have been all off those things, but it was really the last of phase 3, just delayed until way after the fact. It still had the old cast and crew, the old director and writer from the previous phases.
The last 4-5 years of Disney lecturing and antagonizing their audience is finally paying off. It took longer than expected until enough people have gotten the memo and actually stopped seeing the Disney releases, but now it is finally happening. Well deserved, Disney, well deserved. Maybe now it is finally time to go back to hiring actually talented people (writers, directrors, actors) instead of filling random quotas?
Steven Spielberg was 24 when he made Duel. He had full control over a film, admittedly made for TV, but full control, at age 24. Can you imagine that happening today?
Tear down the film schools. Abolish HR and credentialism. Give kids field recorders and cameras and push them out the door.
Wow - If you're following this in TL;DR, we are no longer the Outliers.
Hating on Disney is a cottage industry. And so a lot of commentets are going to blame the company itself. But industry wide trends are the bigger problem. People don't go to cinemas anymore (hence AMC and Regal are going bankrupt). (We'll see if Barbie can reverse that trend.) People are cutting cable. There are too many streaming companies selling below cost to get market share. These problems affect all the studios, not just Disney. Also, don't get too worked about Disney's stock price. Virtually all the growth in the U.S. stock market this year is due to 7 companies (all of them tech).
It’s not just Disney. Paramount is also having trouble with big buget bombs like Dungeons and Dragons:Honor Among Theives and Mission Imposible:Dead Reckoning:Part 1
To be fair, Dead Reckoning released too close to Barbie and Oppenheimer.
Both movies were actually good
DND movie has fallout from the new OGL boycott. Which impacted sales.
I think this is the year that people finally had enough of the Mission: Impossible and Fast & Furious movies.
"Disney's financial problems are seemingly never-ending. Not only are they being sued by film finance company TSG for allegedly hiding box office profits, but they also have to contend with the looming purchase of Hulu - something they don't have the money to afford."
Disney decided to stray from what made their IPS successful and started to push agendas or try to cover demographics rather than making good stories and good content.
They bought Lucasfilm for $4bn dollars and allowed Kathleen Kennedy to run it into the ground. It was a licence to print money had they carefully selected projects to appeal to fans but also usher in a new era.
The MCU peaked at endgame because now they are doing the same thing, trying to build to a team up event, secret wars.
This issue is your A list characters are dead the new characters are either drab or existing characters such as ant man have been given awful films.
The live action remakes are shite and Snow White is about to be the worst if them and Rachel Ziegler is stoking the fire.
Hey genius, all of the MCU was C tier and lower characters. Iron Man was garbage until the IP was brought to the big screen. Fox owned the rights to all the A list Marvel heroes. That is why Marvel Studios went with iron man, hulk, and the avengers.
The reason why the Florida parks are suffering is simply cause Universal is cheaper (not by much) while also running circles around them, Universal Studios is... admittedly not great, however Islands makes up for it by pretty much being the best park in Florida right now.
Let’s see…the Disney annual pass is. $1400. That’s a lot. Compare that to Universal’s $700. That’s a lot less, and you can choose whether you want to do 3 parks or 2 parks. 2 parks are a lot cheaper than 3 parks. By a couple hundred more. So I would say it’s considerably cheaper, by like…a lot.
@@ntmn8444 I moreso said that because it's still more expensive than other close parks like Seaworld or BGT, but thank you for going into it.
@@ntmn8444Hell with those prices
I’ve been to all the parks before but I can’t afford those prices now
Disney had bad times before, they can absorb these loses. Just have to get back on track. They need to not take the franchises for granted and just make more. Think about it first. Fewer releases so each is special and not just another box on the conveyor belt.
Also ditch the race & gender swapping and the not-so-subtle shaming of men, particularly white ones.
Stop putting movies to soon on Disney + and reduce budgets ,problem solve.
But because it’s a massive Corp internally they are probably to busy butting heads with each other
@@banedon8087aye because THATS the problem with Disney. 🙄
@@HughQuinn12 It's one of the contributing factors. There are other major issues as well.
@@banedon8087I don’t know if that’s the issue so much as they’re kind of crap. Like honestly, I don’t care much about what you do with fictional characters & even race swapping historical ones for good social commentary can have a (small) place. The missing piece is the having something to say with it or just writing a good story which just happens to have diverse characters. But they’re just doing it in a blatant attempt to pander to a demographic that doesn’t respond to pandering in the same way, and won’t reward crap content.
If we get a UNO movie, the sequels have to be Dos and Tres
Why do highly paid executives never understand that lecturing your audience, shoving politics into everything, destroying beloved properties like Star Wars, Snow White, Toy Story with woke agenda is never a good business decision. Everyone here seems to understand that.
Woke agenda get tf out of here
Picking a fight with WGA and SAG does not seem to be a smart move under these conditions.
Disney is the film industry's own EA.
Galactic Starcruiser didn’t just fail because of its excessive price tag. You have to admit: it failed because it was a cheesy, misguided attempt to turn a generic science fiction attraction with embarrassing performative aspects, cafeteria food, plastic fixture more in-line with Nickelodeon programming than Oscar-winning Star Wars production design, and the idea of being trapped indoors for 48 hours, breathing the same air as the mouthbreathers who want to be there, the pitch geared towards parents, and Disney’s insistence that everything in their theme parks be based on their sequel trilogy that hardly anyone wants to even look after what they did, all results in even the people who can afford it, are staying far, far away.
Walt Disney would be disappointed on how bad Disney became
idk seems like you're missing the rebound that Elemental did just because it didn't start off strong. You're not the only one.
Exactly
It’s not how you start but how you finish
It really annoys me that they have the US broadcast rights for Bluey - one of the most wholesome cartoons made in Australia, by Australians. They wanted to make a lot of changes to it (like changing the accents to American ones) but weren't allowed to, thank God. They would destroy it if they were given the chance.
Good thing that didn’t happen.
Especially because I love accents LOL
Three things I don't like about Disney (there are more than three but these will do).
1.) Overpriced tickets at D-world.
2.) Making the copyright laws incredibly long so nothing "mouse" related ever falls into public
domain. (Thanks a lot Sonny Bono)
3.) Sticking it to consumers on Cable and Streaming rates.
Disney is just too big for it’s own good. Also, it just needs to work on actually producing good films. Instead of producing tons of film of low quality. More isn’t always better.
"Disney isn't in a great state"
I know, Florida is terrible
😂😂😂😂😂
Yes, Its so terrible, that everyone is moving there.🤣🤣🤣🤣
@@yisraelmeirsobel907 You couldn't pay me to go there for so much as a minute
Disney has alot more than 4 problems
Theses many problems have been on going for years
Disney chose not to listen to the fans and audiences
The audience is inconsistent. The only reason they kept going with those dumb remakes is because of the success they had in the beginning especially with Beauty and the Beast and Lion King
They need to cater to kids,parents,Disney adults and teenagers.
They need to stop putting new movies on Disney + and reduce budgets
i'm out of work right now, and it is hard to find work, but if had money i would buy dvds of the streaming shows, like the Mandalorian and Wandavision, but they didn't release any ,so it's two reasons, no one is hiring and also there are no dvds to buy
I think that Disney pulling the content out of Netflix was a mistake for them that they're currently paying dearly for.
And I'm also I support of them cutting down on the amount of movies and upping the quality of their writing non writing non overall. Maybe even bring back some hand drawn animation ? That shit was awsome. And I'm still waiting for a 2d treasure planet(which they bombed intentionally)
It is not impossible for them to fix things, but there is a possibility that they could end up like Kodak. Thank you for the video.
I believe Disney knowingly sacrificed the theatrical run of The Haunted Mansion in hopes releasing it on Disney+ closer to Halloween will get people watching there.
How long before they announce Toy Story 6 out of desperation?
And the sad part is, the bad theatrical release, poor reviews, and price increases will make it so people don’t even care to see it lol
@@AlexP-dz7ew I wouldn’t be surprised if Disney+ CLOSES next summer!
That’s probably true
Defund and Boycott Disney!
I don't think it's really the woke theme that is killing Disney
The thing is Japanese anime/manga/light novels have a ton of stories with woke themes. Magical girls, gender benders, isekai characters with cheat skills, yuri schoolgirls, you name it
The difference is that those stories are hilarious, can't say the same thing about Disney
I think it comes down to the writing
You gotta make an Airbnb video
It's actually already on the list, so expect something in the next few weeks! - Jack
Is it possible that not everybody wants to see a deconstruction of manhood (preferrably in the form of a childhood hero) in every movie? Who would have thought...
Note to TLDR. The past form of cast and compound verbs ending in 'cast' is 'cast' e.g., They cast a spell on us, yesterday they forecast rain but it's sunny today. The word 'forecasted' does not exist.
I was indifferent toward disney years ago when they just made their princess movies, but now that they bought and destroyed things I loved, I hope they continue to get clobbered financially. I hate them.
Man I'd love to have Disney's money "struggles"
In 2014 I realised a dream. To return to WDW and stay on property. It remains to this day my favourite holiday ever
To see them going through these problems is very sad. But to be honest they didn't need to spend untold billions on things they don't need. Pixar I can understand but they didn't need to buy Marvel or Lucasfilm, they certainly need to buy 20th Century Fox and leverage a $50bn or so debt on their business
Well now is your chance to experience that dream again at a discount. They're giving special deals to lure customers back.
The Matel Cinematic Universe sounds like a recipe for grinning, hyperactive disaster.
Blackrock must be on the board as they keep doubling and tripling down on DEI in addition to just making remakes. No creativity from the magic kingdom anymore. They have also become political which isn't helping them either.
Need to get rid of Bob Igor and Kathleen Kennedy.
Focus on original content (seriously we're sick of remakes and sequels)
Need to stop focusing on politics and also Just completely scrap Disney plus. Considering it's never been profitable.
Kathleen Kennedy must knows Hollywoods dirty secrets, if not they would have fired here long ago, also shed a woman so firing here is to dangerous for the very left lening hollywood
Wouldn't removing Disney plus basically gut the company from society? They don't have regular TV to be a daily presence and the focus of live sequels and remakes makes them less of a draw for their core audience.
So how does Disney avoid turning into yesterday's news without parents turning to Disney Plus to show to their kids?
Not everything can be seen in profits. Otherwise you'll always cut advertising and tech support. Brand awareness is far too critical for Disney to keep relevant while they realign themselves.
@@iandakariann
I don't think removing Disney plus would be gutting the company. I think it'd be more a goodbye too bad rubbish. I mean I can see why they did it. Even I was excited when they first announced it, but when you're a multi billion dollar company. Yeah, profits are everything. The platform is hemorrhaging subscribers and it hasn't been profitable since launch, sometimes you need to cut the turd loose. I think they'd make more money renting the rights to other steaming services that would pay high prices for the right to do so.
People can not watch all marvel movies in theater so they need a ott platform to watch it
@@dirtyden1 it probably would've been best if they just stuck to their old model. It was greedy to expect massive profits by hoarding all of their products.
But I'm not sure swapping back really works for them anymore. Who would they go to? Netflix is trying to do their own thing and probably won't pay the high fees for a damaged brand. HBO has their own problems. Who else?
Yes corps only think in profits right now. That's why they are in this mess in the first place. If they can't break out of that long enough to rebuild they are doomed anyway. It'll be sequals until they realize it's not working then go for cheap cash grabs to make quick cash, gutting the studio to make more profit. It'll be downhill from there.
Assuming they aren't doomed they need to think of their library as a loss leader\advertising. Disney plus is an entire audience locked into a walked garden with kids watching whatever Disney shows them 24\7 and adults doing the same on weekend binges.
That's a lot of branding. That's a powerful place for advertising. And people are paying to be a part of that. It doesn't have to be profitable if it leads to profits elsewhere. It just has to mitigate some costs with it's subscription.
At least it did before they tried to go for profits and scared everyone off with their price hikes.
deserved. As we say: "Go woke, go broke".
Oh! No! I was hoping not to find 'the word'. The others were really subtle about their expressions. It's just that, we are supposed to be as good as our source for news. It's TLDR, viewer's integrity
I’ve never heard of the word “vertical” used as a noun before. 🤔
Jeez, when are the Disney parks not at capacity? LMK.
Disney is a perfect example of too big to fail: how do you fail parks when the next competitor has less than 1/3 of your total attendance, and u own 7 of the top 10 parks spread out around the planet? or streaming when you have families with kids by the balls and that IP? or box office when you own the top franchises, entire 2-billion club and 30 of the 53 in the 1-billion club? or you merch/licensing is 61bil compared to Universal's 10bil and Warner's 15bil. They're too far ahead of everyone...
Disney have $11billion in the bank, although finance peps are concerned because they need to buy Hulu for 21 billion but unlike what the anti woke say Disney is not going anywhere
Do Disney not have a gaming division? They have tons of IPs they could use.
No.
I'm surprised subscription numbers as holding this well. Every streaming platform has bumped costs, and it is a luxury most people can do without, or switch services on month by month basis as new shows come, or even revert back to piracy.
Disney is too “woke” for me to be bothered with anything they’re doing ever again
To save you some time
Disney went woke,
Disney went broke.
Netflix went woke, and are still going strong with Nimona being one of the best-received animated movies of all time
WB went woke, and earned 1.38 billion dollars
Time to make that Star Wars movie about that bacteria governing the Force that George Lucas talks about. Sure to be a smash hit.
Beautiful editing and info man. I'm subscribing for regular content
Shoving a WOKE AGENDA down audiences’ throats has been the #1 cause of Disney’s demise--INCLUDING with ESPN.
6:50 yeah, it doesn't matter if disney had the highest income of the year if they also disproportionately had the highest costs.
come on man, cite the revenue and not the income.
At this point, Disney need to break up!
Disney heard 'get Woke, go Broke' and thought it was a goal, not a warning.
They need to stop being woke for one, and for their streaming services... I might be interested if they had ALL Disney animated movies/cartoons UNCENSORED/UNCUT in their integral form (maybe cleaned up and adjusted for modern TV sets (16:9)). Even the "problematic ones" and the WW2 propaganda ones. I grew up on these doing reruns on TV and would love to be able to sub to them and watch all of these as much as I wanted.
It's not hard to give ppl what they want, they just need to pull their collective heads out of their backside.
But hey, keep being stubborn Disney, when you blow up someone else will take the mantle off of you.
Also... Please shuddup and stop being political, it's not helping your pathetic hides.
And make sure to fire KK's a** and put someone who cares about your most popular IPs.
The past 5 MCU released productions have actually lost money. They cost $1.5 billion and only made just over $1.1 billion.
So in the end Tom is keeping Waystar afloat. I was not expecting that!
The little mermaid did make it's money back
No, it's not. It's the driving force for Disney's dramatic fall from grace.
@@JCEurovisionFan1996with a bulge of 250 it made 566 so it did
You're absolutely right, but Disney expected much more than breaking even on that film. Ultimately they can only remake so many of their classic films, so with them 'using' a powerful IP like Little Mermaid and not making a tonne of money from it can only be seen as a disappointment - Jack
Its not, with the enormous Marketing costs that today always reach ar leats 100 million (and often even more) extra, plus the fact that most cinemas world wide take 30 to 50% of the ticket prices, a movie no has to make at least 3 Times its oublicly known budget to just break even
No because they split the profit 50/50 with cinemas at least in the USA, same thing with elementar although we don’t know if merchandise is selling good