Did the Disney+ revenue add up to money worthy of a sequel, or does Disney just want us to think they did?
The timing of The Hollywood Reporter’s report on a Jungle Cruise sequel probably isn’t a coincidence. The film will debut on “$30 to own” electronic sell-through on all relevant VOD platforms (Google, Vudu, iTunes, YouTube, Amazon, etc.) starting tomorrow, after a month in global theatrical release and “$30 to lease” availability on Disney+ “Premier Access.” It also just topped $100 million at the domestic box office. We know the movie earned $30 million on “opening weekend” via the Disney+ option. We know that the Dwayne Johnson/Emily Blunt comic fantasy earned $187 million worldwide, which under normal circumstances would be pretty terrible for a $200 million would-be franchise starter, even one with decent reviews, solid buzz and strong post-debut legs. So, is Jungle Cruise successful enough to spawn a sequel, or is the announcement of a sequel intended to make you think it was a success? If that sounds oddly paranoid, well, that’s part of the “new normal.” Disney announced (and eventually locked in) a sequel for Emma Stone’s Cruella right at the start of the film’s third weekend in theaters. Now that well-liked and buzzy 1970’s fashionista crime caper has thus far earned $225 million worldwide on a $100 million budget. That’s not a barn burner, but A) it may well have earned about that much in standard times, and B) it did earn *something* on Disney+ and via secondary VOD revenue windows. However, a film earning 2.25x your budget in theatrical during a pandemic is different than a film earning barely 1x your budget in theatrical during a pandemic. And it’s not like studios have never announced “may never happen” sequels before as a way of creating the illusion of success.
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USA — Cinema A ‘Jungle Cruise’ Sequel Announcement Buys Disney The Perception Of Blockbuster Success