Hollywoke is going broke. There is no such thing as a blockbuster anymore. Most new films are unwatchable garbage and even big marketing dollars don’t draw interest. The recent Disney bomb , The Little Mermaid, is proof. Nothing Disney produces is any good, and even if it was there are too many people who want nothing to do with increasing their bottom line...
Like anything else, film is not dead, it is just temporarily out of sorts because it has lost its mission...
I think we can look forward to the death of the old guard and the emergence of something entirely new...
It isn't profit. Of that $118m, theaters keep between 40 and 50 percent (domestically, 75% in China), so Disney will bank somewhere around $70m. Studios also typically spend another 100% of the budget on marketing, etc. So with a budget of $250m, a $500m box office would be a loss of about $250m. Those other movies didn't have a $250,000,000 budget.