Just how many losses, both fiscal and within the court of public opinion, can a multi-billion dollar media titan withstand before even it begins to buckle under the weight of its own far-left activism?
For anyone who has been paying even a modicum of attention to the Walt Disney Company, that answer may very well arrive in real time.
Across the board — theme parks, television shows, and in theaters — The House of Mouse is being battered. Badly.
And much to the chagrin of Disney, its fans and its investors, there doesn’t appear to be any imminent panacea, despite a trio of 2023 heavy hitters.
First, and perhaps foremost, since it’s currently in theaters, Disney’s much-ballyhooed (and race-swapped) “The Little Mermaid” live-action remake is already in theaters and it is … whelming?
Neither a catastrophic disaster nor a rousing success, the movie is just sort of existing in its own space. It’s the kind of middling result that is becoming a bit too common for a studio whose movies used to be tent-pole events.
According to a report from Deadline, “The Little Mermaid” is performing just fine in North America, but lagging internationally.
Depending on where that international box office total eventually lands, finance experts told Deadline that the live-action remake could break even, but could also face losses in the tens of millions of dollars. Again, a best-case scenario of breaking even is not what you typically associate with Disney.
“Not a huge disappointment, but a disappointment, nonetheless,” one finance expert told the outlet.
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