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Disney to take $1.5B stake in Epic Games

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Re: Disney to take $1.5B stake in Epic Games

#191

Post by Benjamin_Dobell »

chrismcb wrote: post #186
Benjamin_Dobell wrote: post #182

Earlier quoted context omitted.

Frozen is one of the newest entries out of any media franchise to gross more than $10B — https://en.wikipedia.org/wiki/List_of_highest-grossing_media... . More than Fortnite has grossed. Not too shabby.

Frozen came out ten years ago and frozen 2 came out five years ago. I think that qualifies as a few years. Granted life has been tough on the movies since some odd event in 2020

It's relative. No-one else has produced a media franchise that earns as much or more than Disney any more recently.

Disney has also produced some of the most recent highest grossing box office films https://en.wikipedia.org/wiki/List_of_highest-grossing_films. Again, this is relative. We've just had a pandemic followed by writers and actors guild strikes.

Re: Disney to take $1.5B stake in Epic Games

#192

Post by SilasX »

totetsu wrote: post #103
sublinear wrote: post #86

Earlier quoted context omitted.

I had the same reaction 20 years ago to Kingdom Hearts. Disney is definitely at risk of becoming irrelevant with their stale IP.

When kingdom hearts was released I got my first glimpse of how some people seem to throw their logic and taste out the window for Disney. It just seemed the dumbest thing to me. And why was the sword a key.. [edit: this was my teenage selfs opinion]

Cynical answer: a big key is less scary to the soccer moms buying this stuff for their kids (than a sword).

Re: Disney to take $1.5B stake in Epic Games

#193

Post by jtuple »

Benjamin_Dobell wrote: post #182
tomcam wrote: post #154

Earlier quoted context omitted.

At risk? They haven’t had hit movie for years. They have destroyed just about everything they’ve touched, from Indiana Jones to Star Wars to Snow White.

Frozen is one of the newest entries out of any media franchise to gross more than $10B — https://en.wikipedia.org/wiki/List_of_highest-grossing_media... . More than Fortnite has grossed. Not too shabby.

Fortnite generated $5.5B in 2023 alone and is estimated at over $20B in lifetime revenue

Re: Disney to take $1.5B stake in Epic Games

#196

Post by thaumasiotes »

mynameisvlad wrote: post #126
legostormtroopr wrote: post #111

Earlier quoted context omitted.

Tangled (Repunzel), Moana (uses and remixes actual Polynesian myths), Frozen (based on the snow queen), Peter Pan, Little Mermaid - a stack of recent Disney movies have been based on existing IP. You just don't notice because they culturally steamroll the originals. The most recent movie Wish - is just callbacks to other Disney movies, so does it count as original IP? And this excludes their reboots - but also exclud…

Peter Pan is a 70-year old movie. Little Mermaid is 25 years old. There have also been many, many original movies released in that time: https://en.m.wikipedia.org/wiki/List_of_Walt_Disney_Pictures... The vast majority of recent Disney content is original.

> Little Mermaid is 25 years old.

You're thinking of Mulan, not The Little Mermaid.

Re: Disney to take $1.5B stake in Epic Games

#197

Post by thaumasiotes »

zemo wrote: post #177
paxys wrote: post #23

Will be interesting to see what % stake Disney got. Tencent currently owns 40% of Epic and Sony has another 5%. Given their last valuation of $32B it doesn't seem like Disney will end up with more than 3-4%. Still a good chunk, but not quite enough to call the shots.

yeah weirdly the Wikipedia page right now says it's 10% and its source is this article, which ... does not say that.

Wikipedia cares that claims are cited. It doesn't care whether the citation goes to anything that supports the claim.

Re: Disney to take $1.5B stake in Epic Games

#198

Post by gen220 »

chrismcb wrote: post #189
michael_nielsen wrote: post #180

Earlier quoted context omitted.

I flagged this - it seems too clearly flame bait. If it was an honest mistake, my apologies. Disney had three movies in 2023 which took more than $200 million at the US box office

And how much did those movies cost to make? I think the movies you are referring to were expecting to make 500m or more. They needed to make about 500 to break even! Disney said have some successes last year. But they aren't as impressive as you might think

Box Office is not the yardstick disney uses, that's just the first phase of the disney wheel. They make oodles of money in merchandise and theme park content that's based on the same (expensive) IP as the movie. When they don't break even on the movie, they'll generally break even or make money on the IP behind the movie.

Re: Disney to take $1.5B stake in Epic Games

#199

Post by ta_1138 »

dorkwood wrote: post #124
vineyardmike wrote: post #8

Epic games has the potential to be the virtual Disney World - just available to everyone on the planet instead of those with enough money to visit a park IRL. Disney has a great flywheel where their IP drives content, toys, and experiences. This is just the latest experience, and it’s something they can’t build themselves. I bet you can expect more content on fortnite to be with Disney IP; skins, events, maps, everyt…

I see huge potential for NFT integration as well. Imagine buying a Mickey Mouse skin in Fortnight and being able to use it in one of Epic Games' other games too. Lots of possibilities.

Disney had a group looking at NFT and metaverse initiatives, but as far as I have seen, they all got canned in last year's layoffs. manager and everything. The company is huge, so it's not impossible that other group like that might remain employed there, somewhere, but at the very least the interest have waned.

Re: Disney to take $1.5B stake in Epic Games

#200

Post by lotsofpulp »

Staple_Diet wrote: post #164
ydg6 wrote: post #152

Earlier quoted context omitted.

Disney is the last standing Old Media company. All other Media and Entertainment companies are either owned by Comcast/AT&T or are Tech companies (netflix, amazon,apple,sony,youtube,tiktokk) that have carved out a chunk of the media and entertainment sector. Disney is basically on the back foot here, at a time when the attention economy is wrecking chaotic unpredictable havoc on the the media sector.They had to do so…

Really? I thought Disney was doing well. Their subscription service is only behind Netflix and Amazon, the latter of which includes its service in Prime so is not an equal competitor. Further, their ownership of Marvel has provided them some of the largest grossing films of all time, and their Star Wars acquisition seems to be paying off. The parks seem to be quite strong, but I've only experienced the Japan ones. Ov…

See their net income and profit margin trends:

https://www.macrotrends.net/stocks/charts/DIS/disney/net-inc...

https://www.macrotrends.net/stocks/charts/DIS/disney/profit-...

Doesn’t look so hot for the last 4 or 5 years. They went from earning near $10B per year to less than $3B per year.

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