Disney Loses $170 Million Over ‘Dark Phoenix’ Box Office Bomb and Other Fox Titles
Disney Loses $170 Million Over #DarkPhoenix Box Office Bomb and Other Fox Titles https://t.co/cKh6XomcJR pic.twitter.com/8pbJdeJDSK
- IndieWire (@IndieWire) August 7, 2019
Disney may be the king of the 2019 box office.
That couldn’t stop Disney from posting financial declines in the second quarter.
Disney CEO revealed that they lost $170 million because of the titles it inherited from the 20th Century Fox.
He blamed a large part of the financial loss on the performance of “Dark Phoenix".
It will take at least a year or more for the effects of Disney’s ownership of Fox to be felt.
The Fox films set for release through 2020 under Disney :
“Ford v. Ferrari,” - “West Side Story,” - “Woman in the Window,” - “Ad Astra.”
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