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July 13, 2023

Forbes: Indiana Jones 5 Could Make a Mere $300 Million Worldwide, Less Than Its Production Budget

Less than the $322+ million it cost to make the film. And this ignores the $100+ million spent on marketing, whatever Harrison Ford's back-end is, etc.

Disney faces it's fourth theatrical misfire of 2023, after Indiana Jones and the Dial of Destiny topped a mere $248 million in total global receipts from two weekends of theatrical release. This disastrous outcome means the film is likely destined for a franchise-worst $300+/- million worldwide gross.

Indiana Jones and the Dial of Destiny took $26.5 million in North America over its second weekend, bringing the domestic total to $121 million. International figures are roughly tracking even with stateside numbers, and at the current expected rate we'll see somewhere in the neighborhood of $150 million for both domestic and foreign final tallies.

Unless Dial of Destiny can push its receipts high enough to top $333 million, it will fail to beat the box office of 1984's Indiana Jones and the Temple of Doom, despite having a budget at least ten times that of the earlier picture.

Unfortunately, I don't expect that to happen, as it appears the high end of probable outcomes for Dial of Destiny is somewhere around perhaps $320 million if it miraculously manages to slow its inevitable weekly slide despite the arrival of Mission: Impossible - Dead Reckoning Part One this Wednesday. So it looks like it's Indiana Jones who faces the impossible mission this week.

Bob Iger undermined Bob Chapek until his allies could convince the board to fire him.

But his appointment as CEO was supposed to last for only eighteen months.

He's driven Disney into the ground and now demands to remain CEO so he can turn Disney around using the magic that's bringing Disney such success lately.

And the board of directors -- all hand-picked Iger supporters -- just renewed his contract through 2026.

Did I say 2026? Valliant Renegade says this Disaster Artist has really been renewed... through 2031. His "advisory contract" -- which he used to act as a stealth CEO while Bob Chapek was nominally in charge -- has been extended through 2031 as well.

So he'll be CEO through 2026, and then Shadow CEO through 2031.

And it was in his position as Shadow CEO that he contradicted Chapek's decision to stay out of the transgender-indoctrination-in-school-fight with DeSantis, and forced Disney to take the full Groomer position.

So when he's an "advisor," he's actually still running the show.

Amusingly, when Chapek came in as CEO, Iger kept the CEO's office. He reasoned that it was his office when he was CEO, and he was still on Disney's payroll, so why shouldn't he keep his old CEO office?

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posted by Ace at 04:30 PM

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