OT-Movies (I know you all are interested)
“Live Action” Moana was released on Friday and grossed $43 million in NA and $52 million internationally in its first weekend; total of $95 million. The production cost was up to $250 million. With marketing and sharing ticket revenues with the theaters, Disney is trending towards another money loser.
The interesting thing about Moana is how negative the critics’ reviews are compared to “Live Action” Snow White. For Snow White the critics seemed to forgive many of its flaws but for Moana they are really harsh. “No creativity, same exact story, too much CGI, dull and unimpressive, etc.” (Disney must have offered a bad buffet at the prescreening?)
The other interesting thing is the first Moana animation was released in 2016 and grossed over $650 million vs a $150 million budget. Then in 2024 Disney released a Moana 2 animation in the theaters which grossed more than $1 billion vs a production budget of $150 million.
Bottom line: parents who take their kids to the movie will be fine, it is the same story as the first and kids won’t care about what the critics are complaining about (the parents may). But one has to wonder about the movie division of Disney. Do they have any creativity anymore? Just retreads?
Secondly, do their business people have a voice? It is less than 24 months since Moana 2 was in the theaters and they bring out a nostalgic Moana 1 live action film? What did they expect? Plus Disney’s Toy Story 5 is still going strong in the theaters, so they are competing against themselves.
The best thing going for Disney is their amusement parks (Thanks Walt and Roy). Management not so hot.