WDW Pro
patreon
Disney May Delay TWO Movies Due to IATSE Strike
🕑 Added 2024-03-20 14:36:09 +0000 UTCThe Walt Disney Company has a mess on its hands, even if it's hard to see at the moment. I'd like to remind my dear friends here on the Patreon that I have consistently said that Nelson Peltz was unlikely to win the proxy battle this year. I've also said that if he stays in the fight for another year, his chances go up dramatically (and for more board seats). So when George Lucas' name was placed on the statement for yesterday, it didn't rock me to my core the way it seems to be impacting some.
That's not to dismiss their pain... it's just not all that surprising to me. I think for them it's like a grandfather betraying you. For me, I see it as Lucas getting something in return, and frankly, I think we care more about these stories and cultural impacts than those who created them.
But back to Disney's troubles. Whatever you might think about yesterday, articles out of Deadline are taking on TWDC directly by saying they're goosing Wall Street with overly-inflated quarterly reports that don't reflect what's happening at ground level. That's what we've been saying on That Park Place and on the Pro Channel for months.
https://deadline.com/2024/03/hollywood-job-losses-executives-full-scale-depression-1235841674/
So that's a huge Main Street v Wall Street situation. Disney is winning with Wall Street (because the institutions want to back China/ESG/DEI) and losing tremendously with Main Street. Bad news, Hollywood: Main Street is bigger.
And Disney knows they have a tremendous problem with Main Street. That's why they may already be developing a plan to delay a couple of movies that could spell trouble. I've already explained how Moana 2 can easily be delayed if the IATSE strike happens in August. That's an animated film being produced in six months for what is normally a five year production schedule. It's crazy. And it's being made by a studio that has never made a movie before, under a director who has zero film credits to his directorial portfolio.
But a lesser-known production schedule might also give Disney an out. Captain America 3 is coming and it's undergone massive reshoots. All of that is due to politics and the fact that Marvel is reeling from taking the wrong side in the culture war (by the way, taking any side in the culture war is devastating to entertainment finances). BUT the reshoots of Cap 3 have it continuing production into August... which just so happens to be when IATSE may go on strike! Could it be that Disney chooses not to expedite production and reshoots, thereby giving themselves an out if they want to delay again?
It's a very interesting thing to see -- and one we should all be watching!
Huge thanks to LW Ghost for sending me the heads up on the production schedule and the IATSE conflict.
Your pal,
Pro
Comments
Erika-Raf
Shocked to read about Moana 2. I don't understand why they would be so careless with such a popular IP.
Amity Thompson
I'm loving how silent Disney has gone on the Snow White remake. The last few public appearances, Iger's mentioned upcoming movies through 2025... but that one seems to never come up. I'm wondering if the silence is to keep out-of-sight-out-of-mind for controversy, or if they are nervous about it not being selvagable and the threat of ultimately Disney+ releasing it vs theaters.
IsThisLive
The strike will be the excuse for two movies I believe they never intended to release at the times they stated.
Reier Gotter
Disney has enough awareness to realize they have a massive problem with the Captain Falcon America movie but does not have the creative team who could fix it. Whether it not it is delayed, I expect what we finally see will be a jumbled mess at best.
