Walt Disney's animated films remain key revenue contributors, with 'Inside Out 2' leading last year at $652 million. However, the live-action remake 'Snow White' flopped, grossing only $45 million during its opening weekend. This event sparked controversy over various issues such as character representation and comments from lead actress Gal Gadot. Despite the turmoil, Disney's overall revenue did rise to $24.7 billion, aided by a strong performance from its entertainment division, yet uncertainty lingers about the impact of 'Snow White' on Disney's box office momentum.
In the 15 years that Disney has been producing live-action remakes of its animated classics, none of the big-budget entries have arrived in theaters to less than $58 million, after adjusting for inflation.
CEO Bob Iger noted in the last quarterly results that Disney's studios had outstanding box office performance, with the top three movies of 2024.
Disney's 'Snow White' brought in $45 million during its first weekend, marking a disappointing performance compared to historical revenue from animated classics.
The $240 million production cost of 'Snow White' raises concerns, especially given its poor box office reception amid multiple controversies.
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