**Catastrophe.**
The Walt Disney Company's latest attempt at cinematic magic, the live-action remake of "Snow White," has flopped spectacularly, now cemented as one of the biggest box office disasters in Hollywood history.
Opening just over a month ago, the film began with a disappointing $42 million on its debut weekend—a stark indicator of the lack of audience engagement and interest. Following its dismal start, ticket sales plummeted further, indicating that audiences were not only uninterested but actively rejecting this latest offering from the once-beloved entertainment giant.
In a vicious cycle of declining ticket sales, reports show a staggering drop of 66% in its second weekend. Subsequent weekends didn’t offer any respite, with a 58.5% drop in week three and a further 51.3% fall in week four. By Easter weekend, the film added a pathetic $1.2 million, averaging only $743 per theater—indicating that theaters were barely able to fill a handful of seats per showing.
As a result of these astonishingly poor numbers, industry insiders have revised Disney's anticipated losses from $115 million to an estimated $145 million. With production and marketing costs ballooning up to $410 million, the box office receipts of merely $194.7 million result in a staggering shortfall of $215 million.
The reasons for this flop can be traced back to a series of politically charged decisions by Disney, where casting and storylines seem to have taken precedence over storytelling and audience appeal. These choices have alienated many longstanding fans of Disney's classic films.
Under the leadership of CEO Bob Iger, Disney's attempts at adapting beloved tales have resulted in significant stock underperformance—over 100% below that of the S&P 500 over the last five years.
As "Snow White" fades into cinematic history, experts are left to wonder whether Disney will reconsider its current approach, which prioritizes political narratives over the enduring qualities of storytelling, creativity, and genuine character development. With the ongoing fallout from this high-profile misstep, it may be time for the company to re-evaluate its priorities and return to the values that once made it a titan in the industry.
Sources:
theblaze.comdailymail.co.ukoutkick.com