“Solo: A Star Wars Story” could lose at least $US50 million for Disney and Lucasfilm, according to The Hollywood Reporter. A Wall Street analyst told THR that “Solo” will lose more than $US50 million, while other industry financing sources told the outlet that the film’s loss could exceed $US80 million. “Solo” dropped 65% at the box office in its second weekend, and it is reportedly unlikely to gross past $US400 million at the global box office against an estimated total budget that would exceed its gross. The box-office struggles of “Solo: A Star Wars Story” could result in a loss of at least $US50 million for Disney and Lucasfilm, according to The Hollywood Reporter. “Solo” is reportedly unlikely to gross past $US400 million at the global box office against an estimated $US250 million production budget and marketing costs that likely doubled its total budget. B. Riley FBR senior analyst Barton Crockett told THR … [Read more...] about ‘Solo’ is expected to lose Disney at least $50 million, and become the first ‘Star Wars’ movie to lose money
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Jason Guerrasio, provided by Published 9:16 am, Tuesday, May 29, 2018 Disney "Solo: A Star Wars Story" had a bad Memorial Day weekend domestically but an even worse one in China. The latest "Star Wars" movie earned only $10.1 million in the world's second-largest movie market. This continues the consistent lackluster performance the franchise has had in the Middle Kingdom. There aren't many instances in which Disney is on the wrong end of a box-office story, but this Memorial Day weekend, that's exactly what happened. Recommended Video: Now Playing: 'Black Panther' Is on Track to Hit the $1 Billion Mark This Weekend Marvel and Disney's latest superhero movie has reeled in over $900 million worldwide, and will make over $1 billion after it opens in China on Friday. So far, the movie has grossed $512.6 million domestically, putting it ninth all-time in domestic gross. Some of the movies that it is on track to pass include Superman (1978, $525 million adjusted) … [Read more...] about ‘Solo’ is the latest ‘Star Wars’ movie to bomb in China, and Disney has a big problem on its hands (DIS)
source Lucasfilm “Solo: A Star Wars Story” doesn’t come to theaters until May 25, but the reviews are already in – and the Force doesn’t seem to be as strong with this “Star Wars” movie. “Solo” currently has a 72% critic score on review aggregator site Rotten Tomatoes as of Wednesday morning, based on over 80 reviews. That is bad for a “Star Wars” movie. While it’s not as bad of a score as the worst-reviewed movie in the saga – “The Phantom Menace” – it’s still the lowest score for a “Star Wars” movie since “Attack of the Clones” in 2002. Business Insider’s Jason Guerrasio said that “Solo’s” third act lags, and it’s the first “Star Wars” movie to make him worried about franchise fatigue. “The conclusion of the movie is stale, filled with cliches, and tries too hard to set the foundation for … [Read more...] about ‘Solo’ is the worst ‘Star Wars’ movie since ‘Attack of the Clones,’ according to critics
caption “Solo: A Star Wars Story.” source Disney “Solo: A Star Wars Story” has some great moments, but as a whole is a flawed movie. The third act of the movie has major problems and feels uninspired. However, Alden Ehrenreich gives a worthy Solo performance, Donald Glover’s Lando is fantastic, and the movie beautifully shot. Warning: Minor spoilers below. The moment I realized “Solo: A Star Wars Movie” wasn’t for me was toward the two-hour mark of the movie, when I realized we were nowhere near the end. Granted, there was about only 15 minutes left in the movie, but it felt like an eternity. I’ve had that feeling in many movies in my life – when it just won’t end. But never for a “Star Wars” movie. “Solo” is not an awful movie, it just has a few awful parts that feel uninspired. … [Read more...] about ‘Solo’ has exciting thrills and lush photography, but it’s the first Star Wars movie to make me worried about franchise fatigue
Published April 15, 2018 Markets Motley Fool Facebook Twitter Comments Print The Walt Disney Company (NYSE: DIS) is a textbook story of the power of business diversification. Although the stock has underperformed lately, reporting a 5% loss for the prior three years while the greater S&P 500 has produced a 27% gain, things could be worse -- the company's television empire, its largest division by revenue and operating profit, is under threat in a world where many are choosing to forgo cable. As an entertainment conglomerate, Disney is better situated than many of its cable-focused peers like Viacom and AMC Networks, which have produced losses of 48% and 32% during the same period. Disney CEO Bob Iger was wise to acquire film rights and/or technology from Pixar, Marvel, and Lucasfilm. More recently, Disney's film division has taken up the slack from a sluggish television business. Continue Reading Below However, Disney's next blockbuster film could be … [Read more...] about Could Disney’s Next Star Wars Movie Be a Flop?