Part 9/13:
The studio’s biggest hit this year appears to be Guardians of the Galaxy Vol. 3, which is projected to gross approximately $835 million globally. However, even this is its ceiling, as Disney is on track to miss out on new billion-dollar hits for the first time since 2014. The lack of critical acclaim, coupled with a more cautious audience, has dampened enthusiasm across Disney’s major franchises.
Despite commanding a significant market share, Disney’s profits are shrinking. Industry analysts note that the sheer volume of dollars lost on underperforming films likely exceeds their gains, raising concerns about sustainability in their theatrical division.