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Disney's A Wrinkle in Time | 9th March, 2018 | Frozen's Jennifer Lee writing, Ava DuVernay directing. 45% on RT

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6 hours ago, Captain Craig said:

A Wrinkle in Time is causing Disney to take a $100m loss.

 

Quite a few of us saw this bomb coming. The financial reality of its disaster is now much more realized.

 

 

That quite the misleading presentation here.

 

1) Not sure who came with the take the $100m loss title, but the article linked in the URL does not say that:

which means Disney lost between $86 million and $186 million on “A Wrinkle in Time.” (Yahoo Finance has reached out to Disney for comment on the film’s losses.) Disney did not disclose a writedown on “A Wrinkle in Time,”

 

2) The writer do not know the particular for this movie here, talking about deadline/times estimating cost that vary by 100m. It is like someone posting on this message board.

 

3) Not sure they know anything in general about the movie business either. Seriously their calculation seem to be :

 

126.85 million box office * .5 = 63.425

 

The movie did cost between $150m and $250m in production + P&A

 

So profit would be between

63.45 - 150 = 86.5m lost

63.45 - 250 = 186.55m lost

 

Wow..., talk about not considering the cost of a movie that are not it's production or is theatrical world P&A and is revenues that are not rental push to a new extreme level. That a profit analysis that look at just 35-40% of the revenues but at 72-75% of the expense.

 

Where do they find those people to write about this.....

 

Edited by Barnack
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What in the good Lord's name happened to this movie's BO this friday?? According to BOMojo, there was an increase of over 2000% going from last fridays 157 screens (BO 29.640) to 245 screens (BO estimated 750.000)? Wrong projection? Fudging? Rekindling of the flame?

Edited by incognitoo
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9 hours ago, incognitoo said:

What in the good Lord's name happened to this movie's BO this friday?? According to BOMojo, there was an increase of over 2000% going from last fridays 157 screens (BO 29.640) to 245 screens (BO estimated 750.000)? Wrong projection? Fudging? Rekindling of the flame?

Drive-In double features with I2

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17 minutes ago, PNF2187 said:

This finally crossed $100M! This number probably would have been fine if it didn't tank overseas.

That is actually true. It made back its budget DOM, which is always a big plus. A solid 50% OS share probably could have made this mildly profitable. 

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So did Disney just siphon a little off Incredibles2, a little of Black Panther, Infinity War and even SW:Solo to get Wrinkle over the $100m mark? Maybe just all one place? A 1600% increase just stands out and for what? Sure, maybe the shareholders report will not mention how it crossed $100m, only that Disney had 'x' amount of $100m films for the Spring quarter(this is most likely) but it's glaringly obvious it didn't get there based on it's own merit. 

 

Now, on to Black Panther and $700m(which will be legit) where no fudging is needed. Only $385K to go now!!

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2 hours ago, Captain Craig said:

So did Disney just siphon a little off Incredibles2, a little of Black Panther, Infinity War and even SW:Solo to get Wrinkle over the $100m mark? Maybe just all one place? A 1600% increase just stands out and for what? Sure, maybe the shareholders report will not mention how it crossed $100m, only that Disney had 'x' amount of $100m films for the Spring quarter(this is most likely) but it's glaringly obvious it didn't get there based on it's own merit. 

 

Now, on to Black Panther and $700m(which will be legit) where no fudging is needed. Only $385K to go now!!

Drive In double features 

 

https://www.hollywoodreporter.com/news/avengers-john-carter-drive-in-box-office--321610

 

Quote

 

Box Office Report: 'Avengers' Gives 'John Carter' a Double-Feature Boost at Drive-Ins

11:39 AM PDT 5/8/2012 by Pamela McClintock

 

John Carter zoomed up the domestic box office office chart from No. 38 the week before to No. 12 -- thanks to being paired with The Avengers at more than 150 drive-ins across the country. John Carter -- which resulted in a $200 million loss for Disney -- grossed $1.5 million and was up a staggering 1,223 percent over the previous weekend.

 

It's common practice for drive-ins to offer double features. Usually, however, it doesn't boost the older film's bottom line to such a degree. But Avengers did such massive business -- the film opened to $207.4 million, the biggest opening of all time --that it made a difference.

 

The average cost of a drive-in ticket is $8. Studios don't disclose how they divvy up the ticket sales between two films playing in a double feature.

 

 

 

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On ‎6‎/‎17‎/‎2018 at 11:20 AM, MovieMan89 said:

That is actually true. It made back its budget DOM, which is always a big plus. A solid 50% OS share probably could have made this mildly profitable. 

It die not make it's budget back in the US. It made roughly half it's budget(100 Million) back in the US, since Disney will get to keep roughly betwenn  50% and 55%   of the domestic box office take. This is rule of thumb for the film industry as a whole:

Dinsey is going to lose quite a bit of money on this film, and the attempts of people to prove that it other then a expensive flop is pretty funny.

Though Disney's attempts to fudge the film over the 100 Million dollar mark (for no other reason then avoding embarrassment) is pretty funny. They won't be able to fudge the final styatment as to how much the film lost though; they need to state that in their filing for income tax next year and the annual report to the shareholders,and lying on either of those is aginast the law.

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12 hours ago, tonytr87 said:

Glad for it eventually crossing the mark, even if it doesn't make much of a difference. I seem to be the movie's lone fan around here, 

It didn't yet, still 100k missing, so it might take some more days (I think it will drop more than 70% on Monday)

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On 6/18/2018 at 7:40 PM, dudalb said:

Though Disney's attempts to fudge the film over the 100 Million dollar mark (for no other reason then avoding embarrassment) is pretty funny. They won't be able to fudge the final styatment as to how much the film lost though; they need to state that in their filing for income tax next year and the annual report to the shareholders,and lying on either of those is aginast the law.

Never read Disney specify profit or loss on a movie in their annual report, they simply lump everything together.

 

I do not think it is not for no other reason then avoiding embarrassment, it is also for making many millions from reaching that landmark.

 

Has for how they did it:

https://variety.com/2018/film/box-office/wrinkle-in-time-incredibles-2-drive-ins-1202849353/amp/

 

Like everyone thought simply by putting drive-in double feature ticket sales on both movies:

It turns out the movie got a helping hand from some Pixar superheroes. Disney paired “A Wrinkle in Time” with “Incredibles 2” for most drive-ins, according the studio, which contributed to the box office boost. In cases where both movies played as a double feature, Disney tallied that revenue to each of the two releases, dividing the haul after the weekend. 

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Theater counts were not reported on time this week for A Wrinkle in Time.  Nonetheless, the weekday numbers were stable indicating maybe these numbers from those days were originating from the second-run dollar theaters instead of the drive in double bills.

If that is part of the case, then the July 2-5 dailies should be spread out again over this weekend regardless if theaters counts ever get reported or not.  

 
2018/06/29 - $10,352 -22% 58 $178   $100,439,884 113
2018/06/30 - $7,771 -25% 58 $134   $100,447,655 114
2018/07/01 - $4,946 -36% 58 $85   $100,452,601 115
2018/07/02 - $5,892 +19% 58 $102   $100,458,493 116
2018/07/03 - $6,922 +17% 58 $119   $100,465,415 117
2018/07/04 - $4,798 -31% 58 $83   $100,470,213 118
2018/07/05 - $8,395 +75% 58 $145   $100,478,608 119
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