The theme park ride-inspired remake has grossed less than $70 million worldwide so far and reportedly had a $150 million budget. Disney's 2003 predecessor starring Eddie Murphy, which was also considered a major disappointment, still grossed $182 million worldwide with a $90 million budget. Disney's only box office success this year was the May release of Marvel's "Guardians of the Galaxy Vol. Gabriel Rossman, a UCLA sociology professor with an expertise in the entertainment industry, doesn't see wokeness as a driving factor in Disney's box office woes, if at all, telling Fox News Digital box office results are "enormously variable" and many things can be contributive including sequel and franchise fatigue, the reality that box office revenue hasn't reached pre-COVID levels, the landscape of on-demand and streaming platforms that have shortened the window of theatrical releases, and even luck. That said, he stressed that box office success could simply come down to "a roll of the dice."
Source: Fox News August 12, 2023 22:28 UTC