Disney has encountered challenges as some recent releases face difficulties in theaters, according to a report from Variety. Ant-Man and the Wasp: Quantumania, The Little Mermaid, Elemental, and Indiana Jones and the Dial of Destiny have all fallen short of expectations, putting Disney in unfamiliar territory.
Despite commanding 37% of industry revenues in 2023, Disney has experienced a decline in ticket sales compared to pre-pandemic years.
Critics have expressed mixed opinions about Disney’s recent releases. The decline in Disney’s fortunes can be attributed to various factors, including changing market conditions, creative shortcomings, and increased focus on streaming. With the launch of Disney+, audiences can now wait for films to become available on streaming platforms.