In March of this year, Disney acquired most of 21st Century Fox’s entertainment assets for $71.3 billion, including the 20th Century Fox Pictures, which is the “big six” in Hollywood. However, since its acquisition by Disney, several films produced and released by Fox Pictures have performed poorly. Alan Horne, chief creative officer and co-chairman of Disney Studios, has recently stated publicly that they have a positive attitude towards 20th Century Fox Pictures. The movie was very disappointed.
acquired 20th Century Fox Pictures. Disney successfully returned the film rights of the X-Men and Fantastic Four to Marvel Pictures. At the same time, they must also bear the burden of the company’s new film release work, but no matter what It was the first film "X-Men: Black Phoenix" jointly released by the two companies, or later "Uber Crisis" and "I'm Waiting for You in the Rain", all of which performed poorly at the box office and were highly expected of "X-Men" "Black Phoenix" even won a box office of 65 million U.S. dollars in North America, which was far beyond everyone's expectation. Foreign media estimated that the film would lose 100 million U.S. dollars.
It is reported that since the completion of the acquisition, there is only one film in the 20th Century Fox Pictures that has made Disney profitable. This is the feature film "The Impossible." This film with a production cost of 14 million US dollars eventually exceeded the box office in North America. At 40.71 million U.S. dollars, the global box office exceeded 50.44 million U.S. dollars-although not much earned, Disney finally did not reverse the money.
"This is of course very disappointing. There is an old saying:'The crow tastes bad, but it is very nutritious!' Everyone has to learn from failure, and I have experienced failure in my career." In an interview with Variety Magazine, Alan Horn talked about the 20th Century Fox Pictures movie box office problem: "We are very disappointed with the box office of these films by Fox Pictures. We don’t know much about these films, we all I haven’t seen these movies before. Before the completion of the acquisition, we are not allowed to watch these movies because of the so-called “runaway rule”. We are not allowed to communicate with them, not to give them opinions, tell them what to do, or not to do it. What. We can’t intervene at all. It all depends on them.” Compared with Fox Pictures, Disney continues to maintain a strong box office performance this year. Marvel Pictures’ Avengers 4: The End "War" broke the box office record of "Avatar" and became the highest-grossing movie in history. The global box office of "The Lion King", "Toy Story 4", "Captain Marvel" and "Aladdin" also exceeded $1 billion.
"This is the film business. I don't want to be a critic. Some films of Fox Pictures make me enjoy them. I love these films. For example, I like "I'm Waiting for You in the Rain"." Alan Horn continued Said: "But now the film business is very competitive and faces more challenges than before. There are many excellent films that have lost money, and many not so good films have made money. So who knows."
US local time This Friday, Fox Pictures released another new film. This is "The King of Speed Cars" directed by James Mangold and co-starring Christian Bale and Matt Damon. Although it is similar to the new version of "And "Excellent Liar" were released at the same time, but foreign media expect the film's North American box office to reach 30 million US dollars in the first weekend.
Next year, Fox Pictures will also release the "Ace Agent" prequel "Ace Agent: Origin", "Deadpool" Ryan Reynolds starring "Freeman", and Steven Spielber The new version of "West Side Story" directed by Ge, and what is really expected to give Fox Pictures a turnaround in the box office is likely to be "Avatar 2", which will be released at the end of 2021, this film directed by James Cameron , Even considered to break the box office record of "Avengers 4".
