According to a report from The Daily Wire, Disney will re-release old films in hopes of making up cash lost on recent box office flops like Lightyear —a film that only made $51 million dollars over its three-day opening weekend. For comparison, 2019’s Toy Story 4 made $121 million on its opening weekend.
From The Daily Wire:
Disney is therefore re-releasing the Star Wars solo film “Rogue One,” which debuted in 2016, as well as “Avatar,” which debuted in 2009. “Andor,” a spinoff series for the former flick, debuts on streaming platform Disney+ in the fall, while “Avatar: The Way of Water” debuts at the end of the year.
Disney’s most recent earnings report indicates that Americans may be rejecting the company’s foray into wokeness. Although Disney reported last Wednesday that total subscriptions for Disney+ increased from 87.6 million to 93.6 million during the third quarter of its current fiscal year, the vast majority of growth arose from international users, with only 100,000 new subscriptions coming from the domestic market. The latest figures represent a significant slowdown from the 1.5 million new domestic subscribers added by Disney during its fiscal second quarter.
Meanwhile, Top Gun: Maverick has topped the box office this year, with $1.4 billion in worldwide revenue and $674 million domestic.