The Disney Thread | Iger will be with us until 2026

[Bob Train]

IMO, people put too much stock into the budgets the studios themselves report to the trades.

 

The studios have many reasons to lie about them. They could lowball them so that the box office performance looks better, or they could highball them for tax reasons or to hoard more of the profit. There is no way of knowing when either of those things is happening.

 

The studio is the only one that knows the real production/marketing budget.

[MovieMan89]

I would have a hard time believing GotG3 wasn’t profitable from theatrical. For starters, Disney would be really stupid to spend so much as to need higher grosses than the first two films in order to even breakeven, considering they would have been aware how minimal the increase from 1 to 2 was despite 2 having everything going for it. They are reckless with spending, but idk if they would throw that much at a GotG movie. 

Edited September 11, 2023 by MovieMan89

[Giorno]

1 minute ago, MovieMan89 said:

I would have a hard time believing GotG3 wasn’t profitable from theatrical. For starters, Disney would be really stupid to spend so much as to need higher grosses than the first two films in order to even breakeven. They are reckless with spending, but idk if they would throw that much at a GotG movie. 

its only a 50m higher spend from guardians 2 and that makes sense considering you'd need to pay the major players higher salaries + any covid related delays/insurance/testing bloating it up more

[AniNate]

People make up all sorts of numbers to fit whatever narrative they want to push. Ultimately, it's a well-received MCU movie that performed respectably enough in the context of the current box office climate. Same thing w Elemental and Little Mermaid. Clearly Disney sees value in both of those IP given how much they've continued to promote them in the aftermath of their box office runs.

 

Disney's silence on Haunted Mansion and Indy 5 however is pretty telling, I think those can reasonably be labeled flops. Even on the PR circuit they haven't made much effort to sugarcoat their performances.

[Willowra]

3 hours ago, Bob Train said:

IMO, people put too much stock into the budgets the studios themselves report to the trades.

 

The studios have many reasons to lie about them. They could lowball them so that the box office performance looks better, or they could highball them for tax reasons or to hoard more of the profit. There is no way of knowing when either of those things is happening.

 

The studio is the only one that knows the real production/marketing budget.

Are you saying that Disney put fake data in its annual filing and high-balled the budget of TLM for tax reasons?

 

https://find-and-update.company-information.service.gov.uk/company/11035465/filing-history

 

[SpiderByte]

Remember those rumors Disney was going to offload it's cable presence?

 

We just got the chopping block list.

 

[Youngstar]

6 hours ago, Willowra said:

Are you saying that Disney put fake data in its annual filing and high-balled the budget of TLM for tax reasons?

 

https://find-and-update.company-information.service.gov.uk/company/11035465/filing-history

 

What's the actual number? Because I don't really know what I'm looking for in these numbers ^^

 

and this is UK only, right? So any money spend filming somewhere else, like Sardinia, Italy, would not be listed here?

Edited September 12, 2023 by Youngstar

[Willowra]

5 hours ago, Youngstar said:

What's the actual number? Because I don't really know what I'm looking for in these numbers ^^

 

and this is UK only, right? So any money spend filming somewhere else, like Sardinia, Italy, would not be listed here?

Disney spent $303m on TLM as of August 31, 2022, and received $70m in tax rebates, for a net budget of $233m as of August 31, 2022. If Disney had updated this data before the release of TLM, Caroline Reid of Forbes would have made the article with the misleading headline that TLM cost $303m, and people would have taken that as a budget and declared it Super Flop

[AniNate]

All the data in that link seems so esoteric that I can't imagine it's any less prone to fudging than the numbers that get out to the trades

[Willowra]

4 minutes ago, AniNate said:

All the data in that link seems so esoteric that I can't imagine it's any less prone to fudging than the numbers that get out to the trades

This is the official data from Disney; who could fudge it? Disney?

[AniNate]

Uh yeah, who else?

[Giorno]

Studios lies all the tie to avoid paying out talent on the back-end

 

[PlatnumRoyce]

14 hours ago, Willowra said:

Are you saying that Disney put fake data in its annual filing and high-balled the budget of TLM for tax reasons?

 

https://find-and-update.company-information.service.gov.uk/company/11035465/filing-history

 

 

1 hour ago, Giorno said:

Studios lies all the tie to avoid paying out talent on the back-end

 

To be fair, a massive chunk of this is being powered by "literally zero tv (now tv + streaming) revenue domestically and minimal INT. There's obviously bullshit in this but this report looks a lot better (while still being dishonest) whenever the cable tv checks start to roll in for OOtP. At least 140M of that 167M deficit goes away with banal tv revenue assumptions 

[AniNate]

There's this weird narrative people like to push that studios lose money on almost every movie they make. Yes, they might claim they do, but if that were really true the industry would have died a long time ago. 

 

 

Edited September 12, 2023 by AniNate

[ChipDerby]

7 minutes ago, AniNate said:

There's this weird narrative people like to push that studios lose money on almost every movie they make. Yes, they might claim they do, but if that were really true the industry would have died a long time ago. 

 

 

 

Just like with billionaires hiding their money to get out of paying taxes, this is what these corporations do. They're not going to tell the government they made millions on GOTG3 just to pay huge in taxes. They're going to shift around losses and claim it was barely profitable or even had a loss. This isn't that hard to figure out, but people consistently give these studios the benefit of the doubt saying crap like "why would they lie to their shareholders".

 

TAXES. That's why. Also, the shareholders aren't dumb, they know what's going on.

[AniNate]

I mean I think it's more about looking for a schadenfreude outlet. They want to assume the movie is losing money so they can snark about it.

[Mr Terrific]

Pro sports are notorious for shit like this. 
With salary pools tied to revenue, owners try to be scammy with income. I believe it was the LA Dodgers who pioneered not counting stadium parking in baseball profits. Like that was a separate business and shouldn’t count. 

[cannastop]

holy shit at Disney Plus price increases

$140 for an annual pass? Fuck that

I can just buy the Blu Rays of the movies I want to watch at that point

[JWR]

https://twitter.com/DiscussingFilm/status/1701977155247190315?t=lGLcEibddMQeLvElGS3b-g&s=19

 

Edited September 14, 2023 by JWR

[SpiderByte]

Wouldn't be shocked if a taping of this ends up on Disney+ at some point