Worked well for CNN+Quote:
Wait, what? Streaming? ABC News?
Worked well for CNN+Quote:
Wait, what? Streaming? ABC News?
1876er said:
Paramount, Universal, and Warner Bros are struggling too. It seems going after Netflix was a bad idea short term. MI:7 doesn't appear to be blowing up the box offices either. It'll need huge staying power like Top Gun to make any money. The Flash was a bust.
I think part of it is the world has not recovered from the psychological damage caused by the WuFlu and the response to it.1876er said:
Paramount, Universal, and Warner Bros are struggling too. It seems going after Netflix was a bad idea short term. MI:7 doesn't appear to be blowing up the box offices either. It'll need huge staying power like Top Gun to make any money. The Flash was a bust.
LOL, my household is one of those 4 million drops. We were initially just putting them in the penalty box for June b/c I'm sick of the propaganda aimed at my kids...but my wife has forbidden me from restarting the serviceTexAgs91 said:
Disney's streaming services have been losing money and subscribers Disney+ lost 4 million subscribers last quarter. Streaming is expected to have hit a total loss of $800 million in the third quarter.
We have rules!dreyOO said:
They've done pissed off my Latina wife!
I just read that Warner Bros just did exactly that with Batgirl. 100 million dollar movie completed that will never be released so they can write it off as a tax loss.C@LAg said:it would be much higher than 7 figures. that is just a play on 7 dwarves.Prosperdick said:What's ironic is they'll be PRAYING for just a seven figure loss...eight figures is certainly on the table.Logos Stick said:Prosperdick said:
One other note on the Little Mermaid is that the companies who produced the tie-in merchandise took such a bloodbath that now for movies like Snow White and the Seven Figure Loss, those same companies have contract language that makes Disney purchase back everything they can't sell...that will just further exacerbate their losses.
Snow White and the Seven Figure Loss....
LMAO.
Yeah, it's gonna be a bloodbath for that movie too.
Disney is lost.
they would do better to cut bait and run at this point.
1. still in production, so could save on all the FX editing, post production work.
2. save on the advertising to try to salvage this.
all for a movie no one was asking for and no one wants.
they would be better off taking their loss and write-off NOW.
You need revenue/profits to write off losses for taxes.Quote:
I just read that Warner Bros just did exactly that with Batgirl. 100 million dollar movie completed that will never be released so they can write it off as a tax loss.
Disney would be wise to follow their lead.