Bob Iger Cites Many Factors For ‘The Marvels’ Flop Including Lack Of Exec Supervision On Set

EXCLUSIVE: Two months after Julia Ormond sued CAA, Disney and Harvey Weinstein for negligence, breach of fiduciary duty, battery and more over a 1995 sexual assault by the now incarcerated Pulp Fiction EP, the uberagency and the Bob Iger-led corporation say they shouldn’t be a part of the suit and want out.

Bob Iger likely wishes 2023 looked a lot more like 2019.

Elon Musk has struck up a feud with… Paris Hilton!? What the heck?

Anna Tingley If you purchase an independently reviewed product or service through a link on our website, Variety may receive an affiliate commission. Paris Hilton‘s eponymous kitchenware brand has joined a growing list of companies and brands to pull ads from X (formerly Twitter), amid concerns over antisemitic content on the platform. Hilton’s “Be an Icon” campaign, featuring videos and photos of the heiress-turned-entrepreneur posing with the pink-hued kitchen items, were pushed out on X up until last week.

The Marvels” won’t live up to its sparkling title.The Disney-produced superhero movie, from all indications, will wind up as the lowest-grossing Marvel Cinematic Universe movie in its entire 15-year history.While the film starring Brie Larson, Iman Vellani and Teyonah Parris opened less than a month ago — and has so far grossed a scant $80 million domestically and $197 worldwide — any hopes of it becoming a sleeper hit have disappeared.According to the Hollywood Reporter, the 33rd MCU film’s box office dropped a staggering 78% in its second weekend, and it’s only gotten worse from there.And Variety reported that Disney sent a note to press saying, “With ‘The Marvels’ box office now winding down, we will stop weekend reporting of international/global grosses on this title.”The previous record-holder for biggest MCU loser was 2008’s “The Incredible Hulk” starring Mark Ruffalo, with $80 million domestically and $264.7 million worldwide. The numbers for “The Marvels” are especially dire when you consider the boffo earnings of the studio’s most popular titles: “Avengers: Endgame” ($2.8 billion worldwide); “The Avengers” ($1.52 billion); “Avengers: Age of Ultron” ($1.4 billion).

The Marvels has been officially named the lowest-grossing installment in Marvel Cinematic Universe’s history.The movie, which stars Brie Larson, Zawe Ashton and Teyonah Parris, was not predicted to perform well in the box office.Against a $220million budget, the movie has grossed just $197million, unlike other Marvel movies such as Avengers: Endgame which made over $2.5billion globally in its opening weekend.The Marvels, which was released on November 10, had the worst debut weekend in the history of MCU, with only $46million in ticket sales. With only $80million made in North America, the movie is the first of the studio’s films that failed to reach the $100million milestone at the domestic box office.According to CNBC, Disney’s CEO, Bob Iger, has recently addressed the struggles that have faced the movie, saying: “The Marvels was shot during COVID.

The Marvels is achieving the kind of milestone no film wants to reach.

Disney CEO Bob Iger blames the pandemic effect as part of the reason for the dismal box office results on The Marvels.

Disney CEO Bob Iger is sharing his thoughts on the box-office performance of The Marvels.

Deadline’s Read the Screenplay series spotlighting the year’s most talked-about scripts continues with Rustin, Netflix‘s biopic of civil rights icon Bayard Rustin. Colman Domingo stars in the film, which is directed by Tony winner George C. Wolfe and hit theaters and the streamer in November after its world premiere at the Telluride Film Festival.

partly blamed the debacle on a lack of “supervision.” ″‘The Marvels’ was shot during COVID,” Iger, 72, said. “There wasn’t as much supervision on the set, so to speak, where we have executives [that are] really looking over what’s being done day after day after day.” Variety previously reported that the director of “The Marvels,” Nia DaCosta, began another project during postproduction.“If you’re directing a $250 million movie, it’s kind of weird for the director to leave with a few months to go,” a source told the trade.“The Marvels,” the 33rd film in the MCU, had the lowest opening weekend at the box office ever for the franchise, grossing just $47 million domestically.

Todd Spangler NY Digital Editor Linda Yaccarino, who’s already facing an uphill battle in winning over advertisers to X, has her work cut out for her to restore trust with big marketers after her boss profanely dissed those who had suspended advertising from the platform. Almost six months into her gig as CEO of X, Yaccarino continues to try to clean up PR messes created by Elon Musk, the shoot-from-the-lip megabillionaire and self-appointed defender of free speech who owns the company formerly known as Twitter.

Todd Spangler NY Digital Editor After activist investor Nelson Peltz announced his intention to renew his proxy battle to secure seats on Disney’s board, the company responded by alleging former Marvel Entertainment chairman Ike Perlmutter — who is in league with Peltz’s Trian Fund Management — has a personal grudge against Disney chief Bob Iger. In a statement responding to Trian’s announcement, Disney said that Perlmutter “was terminated from his employment by Disney earlier this year and has voiced his longstanding personal agenda against Disney’s CEO, Robert A.

Zack Sharf Digital News Director Disney CEO Bob Iger said at the New York Times’ DealBook Summit (via CNBC) following “The Marvels” flopping at the box office that there was a lack of supervision on the set of the film as a result of the COVID pandemic. The combination of pandemic set restrictions and Disney’s increased output due to the launch of streamer Disney+ made it increasingly difficult for studio executives to oversee the onslaught of new productions.

One of 2023’s biggest stories in the entertainment industry is Disney CEO Bob Iger‘s call to retrofit the swollen release calendar of various IPs, namely the MCU and the “Star Wars” universe. Iger’s reasons? The sheer glut of releases in theaters and on streaming dilutes focus and attention from moviegoers and lowers the overall quality of what Disney creates.

The Walt Disney Co. has added former Group CEO of Sky Jeremy Darroch and Morgan Stanley CEO James Gorman to its board of directors and said Francis A. deSouza plans to surrender his seat at the end of his term.

Todd Spangler NY Digital Editor A visibly irate Elon Musk said advertisers who pulled spending from X/Twitter, following his post that endorsed an antisemitic conspiracy theory, were trying to “blackmail” the company and threatened to drive it into bankruptcy. Musk, currently the world’s wealthiest individual, had a message to big advertisers including Disney that halted spending on his social network: “Go fuck yourself… Go. Fuck.

The NSFW trailer for the upcoming Ted prequel series was just released on Wednesday (November 29)!

Bob Iger said he hasn’t addressed when Disney will start advertising on X, formerly Twitter, again since he made the decision to pull back from the social media platform after owner Elon Musk amplified an antisemitic post.

Shifting away from sentiments he expressed in an interview last summer that Disney‘s linear TV networks “may not be core” to the company, Disney CEO Bob Iger said they are “not for sale.”