Disney Investors, “Doctor Strange” Is Tracking Disappointment

Please note: some posts may contain affiliate links which means our team could earn money if you purchase products from our site

doctor-strange-2016-wallpapers

Marvel movies have been a huge hit for the Disney Company. In eight years, the 13 films in the Marvel universe have earned over $4 billion domestically and $10 billion globally in ticket sales alone. The newest venture, opening November 4th is “Doctor Strange” – which is tracking for a better opening than last year’s “Ant-Man”.

The problem for Disney investors is that “Doctor Strange” cost $165 million to make versus $130 million for “Ant-Man”. Theatergoers also liked what they saw in Rudd as the thief-turned-superhero, giving the film an “A” CinemaScore. Word of mouth led to a decent run in the theaters that ended with the film grossing over a half-billion worldwide. A higher budget for Doctor Strange means a higher hurdle for profitability, which means reviews and early audience reaction are crucial, especially if the tracking data is right and the film opens just marginally higher than “Ant-Man” did.

Marvel’s master of the mystic arts also comes to the screen at a transitional moment for Disney as a company. Analysts are expecting fiscal 2016 revenue to improve 7% and adjust profit to grow 12.2%, but the weight of cable subscription losses could drag down the stock yet again. A significant beat at the box office for “Doctor Strange” combined with reports of outsized growth in the Studio Entertainment and Parks and Resorts division could help prevent another slide.


Although this analyses sounds dire and Disney might not be on the top 10 list of companies to invest in right now, don’t go running for the hills yet. A down tick for Disney could also mean an upswing eventually. Time will tell.


D2T-1

Let our friends at Destinations to Travel help you book your next Disney Vacation. They are the preferred Travel Agency of Chip and Company and Disney Addicts, and who we use ourselves.

Get started below for your FREE No Obligation Quote.

Book With our friends at Destinations to Travel

Name(Required)
MM slash DD slash YYYY
This field is for validation purposes and should be left unchanged.

For the BEST in Disney, Universal, Dollywood, and SeaWorld Theme Park News, Entertainment, Merchandise & More follow us on, Facebook, Instagram, and Youtube. Don't forget to check out the Chip and Company Radio Network too!


Written by:

This account is for Past Writers and Friends who love Disney and want to share that love with you.
View All Posts
Follow Me :