Disney’s Latest Movie Disaster: A Nearly $200M Box Office Loss

Strange World, Walt Disney Animation Studios, Disney’s latest movie flop at the box office, collecting only $18.6 million in the United States.

According to the box office monitoring website Box Office Pro, this fell short of predictions. Strange World was anticipated to gross between $20 million and $30 million in its debut weekend by the site at the end of October.

These forecasts were reduced to $15 to $25 million ahead of the Thanksgiving holiday. Not only did the picture fail to reach its initial forecasts, but it also allegedly cost between $135 million and $180 million to produce. According to Anthony D’Alessandro of Deadline, “Strange World cost $135M before P&A.” According to Variety’s Rebecca Rubin, “the $180 million-budgeted Strange World is poised to be another money loser for Disney.” To break even, the picture must gross between $335 million and $450 million.

Strange World- Disney’s Latest Movie Flop

In the big scheme of things, a new Disney animated picture premiering on a holiday weekend seemed to be an appropriate investment. Kids are home from school, and parents are searching for something to do, so the combination has usually been a hit. That was not the case with Disney’s latest picture, Strange World.

The film debuted in second place at the box office on its opening weekend but failed to gross $12 million in three days. Adding in Thursday and Friday, the total fell short of $19 million. That’s not good for a film that was initially expected to gross closer to twice that and cost an estimated $180 million. At all.

Strange World- A Biggest Box Office Flop?

The movie confounded predictions by grossing just $11.9 million from 4,174 locations over the weekend and $18.6 million during the five-day Thanksgiving holiday period. Strange World was expected to gross between $30 and $40 million in its first five days, which would have been a poor start for a Disney animated movie.

Encanto grossed $40.3 million in the same five days in November before grossing $96 million locally and $256.8 million globally in a smaller-than-usual box office frame. It’s worth mentioning that the picture was released shortly after the WHO verified the Omicron form of Covid-19, which almost definitely harmed its box office.

Strange World’s performance over the most recent three-day weekend is maybe even more damaging. Its $11.9 million opening weekend is the lowest for a Disney animated film since Winnie the Pooh in 2011. Even the critically panned Lightyear from Disney-owned Pixar made $50.5 million in its opening weekend this summer. Talking about the Super Mario Bros. Movie review, it’s a wonderful animated picture that is the best adaption of the video game series. According to reports, Strange World might lose between $100 and $147 million at the box office. The film will very definitely go down in history as Disney’s latest movie flop in feature animation.

Disney’s Latest Movie Flop- Biggest Box Office Flop of 2022 with a Loss of Nearly $ 200M!

With an almost $200 million deficit from Strange World, Disney incurred the biggest loss of 2022. Strange World, an animated film about a family of explorers, is mostly an effort to replicate classic pulp science fiction works. Unfortunately for Disney, it ended in disaster, leaving the corporation with little to show for years of hard work.

This is the year’s largest loss, with another Disney project, Amsterdam, losing $108.4 million after generating only $63 million. To make matters worse, Lightyear was a movie office disappointment, grossing only $106 million. Disney had a difficult year in the film industry. In reality, Disney’s concentration on marketing its proven IP in Lightyear, rather than stimulating the development of Strange World’s original concept, may have led to Strange World’s miserable performance.

Lightyear, however, is not the main cause behind Strange World’s failure. Strange World debuted in direct conflict with Disney’s highly anticipated Black Panther: Wakanda Forever.  Strange World was released barely two weeks after the smash Marvel Cinematic Universe film. Therefore it was guaranteed to fail. Disney’s lackluster marketing efforts also did not help. Strange World needed more time to spread by word of mouth, but Black Panther 2 received much too much attention.

Few Final Thoughts

In the end, we would say that Disney’s biggest disaster of 2022 was the release of Strange World. Walt Disney Animation Studios’ animated comedic adventure “Strange World” has cost the company about $200 million, making it the “worst box office flop of 2022.” Strange World, Walt Disney Animation Studios, was Disney’s latest movie flop, grossing only $18.6 million in the United States. The reason behind Disney’s movie disaster was its release almost 2 weeks after the Smash Marvel Cinematic Universe. The film will undoubtedly be remembered as Disney’s largest box office disaster in feature animation history.