Disney Is No Longer the Top Box Office Earner Amid Franchise Fatigue and Inflated Budgets ...Middle East

Inflated budgets and franchise fatigue are taking a toll on Disney. After a series of flops in 2023, the year marked the first since 2015 in which Disney was not the top box office earner. It is no secret that 2023 has been a tough year for Disney. The company was among the studios that contributed to the SAG-AFTRA and WGA strikes by failing to pay workers adequately, leading to many of its films and TV shows being delayed and lacking adequate promotions. We’re likely to continue seeing the effects of the strikes in 2024, as the box office is predicted to lose $1 billion due to a lack of big movie releases. Not only was Disney contending with the strikes, but it also was hit hard by

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