‘The Marvels’ has made the least money in MCU history

Miley Cyrus gets into the Christmas spirit in Nashville. A post shared by Miley Cyrus (@mileycyrus)Jennifer Lopez shared a photo posing in front of her stunning tree ahead of her holiday party with Ben Affleck.

After last year’s Great Netflix Correction, the streaming sector in 2023 entered a decidedly more pragmatic phase.

James Gorman, CEO of Morgan Stanley and soon to be a member of Disney‘s board of directors, is not fazed by the possibility of the media giant going through a proxy fight.

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.

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).

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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.

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.

Disney CEO Bob Iger had plenty to say about the MCU‘s current issues at The New York Times‘ annual BookDeal summit yesterday. But CNN reports that Iger also had a multilayered explanation for why “The Marvels” did so poorly in theaters earlier this month, taking in just $47 million domestically its opening weekend.

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.

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Jennifer Maas TV Business Writer Disney CEO Bob Iger focused on instilling employees with renewed optimism about the Mouse House’s “blessed” and “fortunate” state during a virtual company-wide town hall Tuesday, rather than making any proclamations about the company’s future. The event, moderated by ABC News’ David Muir, was held just over a week after the one-year anniversary of Iger’s return to the helm at Disney (Iger hosted a similar town hall exactly a year ago to the day, upon resuming his post last November) following the surprise ousting of Bob Chapek, and on the heels of Disney reporting its most recent quarterly and full-fiscal-year earnings and taking a stumble at the Thanksgiving holiday box office with new animated film “Wish.” When asked by Muir if coming back to the position of CEO has been more challenging than he had anticipated, Iger, who originally ran Disney for 15 years from 2005-2020, said yes. “I knew that there were myriad challenges that I would face coming back,” Iger said.

When The Marvels hit theaters earlier this month, it was just hours after the SAG-AFTRA strike had ended.

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