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TLDR Business

By Brittany M. Hughes, MRCTV, Oct. 24, 2023

The House of Mouse is flooding. Just, it seems, not with cash.

According to ScreenRant, Disney CEO Bob Iger, who recently returned to the job to help save the floundering entertainment giant from falling profits, is feeling “exhausted and overwhelmed” by the company’s continued box office bombs and the fact that fewer and fewer people are willing -or able – to cough up the ten grand it takes to visit his overpriced theme park.

Disney has reportedly lost some $900 million in film failures this year alone, including the poorly-received “Lightyear,” their live-action “Little Mermaid” remake, the new “Elemental,” “Ant-Man & The Wasp: Quantumania,” and the latest installment of “Indiana Jones.” Most recently, the studio’s “Haunted Mansion” pulled in just $24 million during its opening weekend at the U.S. box office, with a long way to go before breaking even on its $150 million budget. Add crappy movies to things like the new “Snow White” lead actress tromping around spouting off obnoxious feminist lines and dissing the beloved 1940s classic, and you’ve got a recipe for irritated fans and falling profits. ….