Disney is banking on sequels and new titles to boost box office revenue
From CNBC: 2024-08-10 12:53:17
Disney CEO Bob Iger made a grand return to the D23 Expo, thrilling fans with exciting announcements of upcoming projects. The showcase featured a mix of beloved franchises like “Moana 2,” “Toy Story 5,” “Zootopia 2,” and original titles such as “Elio” and “Hoppers.” Star-studded casts and explosive reveals left the audience eager for more.
Disney is banking on established franchises like “Moana 2” and “Deadpool & Wolverine” to bring in huge box office numbers, with “Moana 2” projected to be a billion-dollar film in 2024. The company is also venturing into new territory with original titles like “Elio” and “Hoppers,” promising fresh stories and exciting adventures for audiences worldwide.
Marvel Studios is undergoing a reformation, focusing on balancing existing characters and introducing new heroes and villains to the Marvel Cinematic Universe. Following the lukewarm reception of “The Marvels,” Marvel is limiting the number of Disney+ series and refocusing on theatrical releases to recapture audience excitement. Exciting titles like “Captain America: Brave New World,” “Blade,” and “Avengers: Doomsday” are in the pipeline.
Read more at CNBC: Disney is hoping for a box office rebound built on sequels, prequels and pixie dust