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In more "get woke, go broke?" news, the entertaining if incredible rumours circulating about Disney.
Disney, like all the other companies with streaming services, is facing the sharp decline since the days of the pandemic and having many subscribers cancel so they are losing revenue. It's not necessarily "get woke go broke" at work here, but Disney have been shooting themselves in the foot with the forced diversity remakes and mishandling the Star Wars franchise which should have been a reliable cash cow. Meanwhile, Universal Studios is coining it with the Super Mario movie and theme parks rides.
They're also, apparently, in a bind with Comcast, their co-owners of Hulu, who are gearing up to demand Disney buy them out. Comcast is valuing it at around $70 billion, Disney values it way lower (around $20 billion by one report).
The Little Mermaid is not earning the overseas profits it needed to do, and seemingly on the second domestic weekend it also fell back (this is being blamed on the usual "racist backlash" but oh dear those racist East Asians who aren't going to see it, tsk tsk!). The fifth Indiana Jones movie is being re-cut, re-shot, scrapbooked and everything including the kitchen sink thrown at it because of the bad reception at Cannes and the vital need for it to make at least a billion when finally released.
Now the rumours begin:
(1) Disney only has $200 million in liquidity. Comcast is looking for way more, so they're looking at more layoffs, cancellation of projects, and even selling off IP and - rumoured - some of the parks?
(2) George Lucas rumoured to want to buy back Lucas Films?
It is all rumour and insider gossip at the moment and who knows how much is true at all, if any of it, but it's fun to watch in the context of Disney's fight with DeSantis and all the progressive chatter online about how DeathSantis is an idiot for taking on a company with such high-class expensive lawyers and deep pockets to fight court cases.
Looks like those pockets may not be so deep after all!
Harrison Ford is 80 years old, who on earth thought he should star in an action movie? He was already too old in Crystal Skull in 2008. Couldn't believe it when I saw the trailer yesterday.
The audiences, apparently. Most of what Hollywood produces these days are either remakes or sequels. There's something to be said here about lack of cultural vitality. I suspect the movie will be a hit simply on account of nostalgia and sentimental buying.
The only real action franchise worth anything that has emerged in the last decade was probably John Wick. I also like the Taken series but the main protagonist is quite old now. Frankly, so is Reeves.
Yeah, Keanu Reeves (John Wick) is 58, Vin Diesel (Fast X) is 55 and Tom Cruise (MI) is 60. These are fun action franchises, but where are the fun action franchises with up-and-comers who are 20-30? I sure hope Ezra Miller isn't representative of the future of Hollywood "stars"...
Kind of a shower thought, but could it be that it's just really hard to write an interesting, unique badass hero nowadays without being excoriated for toxic masculinity and being retrograde? Indiana Jones and Han Solo get grandfathered in as endearing classics of a bygone age, so you get a pass if you recycle them (although you probably have to pay some tribute to wokeness in the form of retcons and script changes).
Perhaps also there's also a suspension of disbelief problem. Millennials and zoomers are permanently on seven layers of irony and have grown up on endless trope subversion. How could you write a straight action hero who would appeal to such an audience?
That's something I noticed too. It seems like the answer is Die Hard. Your action star is completely self effacing about his remarkable skills, he gets forced into saving the day by the bad guys, and he perserveres through great hardship to do so. John Wick, Nobody, Olympus has Fallen, White House Down, Taken, The Nice Guys, probably others I've forgotten, they've all been pretty popular doing this.
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