Disney’s latest financial filing has revealed that their attempt at reviving the beloved Indiana Jones franchise has fallen flat.
The highly anticipated sequel, Indiana Jones and the Dial of Destiny failed to make a profit and has instead added to Disney’s long list of box office disasters.
According to financial statements filed with the UK government, Disney spent a whopping $308.2 million to produce the film. This includes the standard 50-50 split that theaters and studios share on ticket sales.
However, despite qualifying for tax credits from the UK government, the film only brought in $192 million in box office sales. This means that Disney lost at least $134.2 million on the project.
But the losses don’t stop there. These numbers do not take into account the film’s marketing costs and the standard ‘true film budget’ formula of double the reported production budget. This means that Disney’s actual losses on Indiana Jones and the Dial of Destiny could be as high as $460.4 million.
This news comes as no surprise to anyone who has seen the abysmal sequel. The film, which features a digitally de-aged Harrison Ford, failed to capture the magic of the original films and instead received widespread criticism from both fans and critics. From its lackluster plot to its forced attempts at humor, the film was a major disappointment.
But Indiana Jones and the Dial of Destiny is just one of many recent Disney films that have failed at the box office. From Ant-Man and the Wasp: Quantumania to The Marvels, the studio has seen a string of flops that have tarnished their once-stellar reputation as the gold standard of entertainment.
Instead, Disney’s recent failures can be attributed to their focus on activism and corporate greed rather than producing quality content. The studio has faced backlash from both conservative and liberal audiences for their attempts at political correctness and their blatant disregard for fans’ opinions.
It’s time for Disney to start listening to their audience and focus on creating quality films rather than pushing their own agendas. The failure of Indiana Jones and the Dial of Destiny should serve as a wake-up call for the studio to get back to what they do best – entertaining audiences without any hidden political messages.
