The live-action remake of Disney’s “Lilo & Stitch” is expected to become one of the most profitable films in recent years, according to The New York Times.
The film’s production cost $100 million (+$75 million for marketing) and has grossed $610 million at the global box office in its first 10 days. It is expected to reach $950 million by the end of its run, potentially even $1 billion, depending on the response from the Japanese audience, where the film has yet to premiere.
In the last 15 years, only 3 live-action films with a production cost under $100 million have earned over $950 million from ticket sales: “Oppenheimer,” “Joker,” and “Jumanji: Welcome to the Jungle.”
Analysts believe that if the film had been released on Disney’s streaming platform, Disney+, as originally planned, the profit would have been lower.
If the film had premiered as originally planned, directly on streaming (similar to movies made decades ago directly for VHS), its success would have been measured not by sales but by its ability to attract and retain subscribers on Disney+.
Instead, Disney is now expected to earn at least $300 million from the box office alone (sharing ticket revenue with theaters), while the film’s success will also benefit Disney+.
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