Disney has decided that X-Men: Dark Phoenix is to blame for the studio’s disappointing Q3 earnings.
There is no question that Dark Phoenix was a massive disappointment financially, becoming one of the biggest box office bombs of all time, and now that Disney owns the franchise, it’s their finances which are taking a hit.
During a corporate earnings call (via ComicBook.com), Disney CFO Christine McCarthy said that Fox can be blamed for Disney being short $700 million in projected revenue for Q3:
“[The Fox] film studio had an operating loss in the third quarter of about $170 million which was driven by the underperformance of theatrical titles including ‘Dark Phoenix,’ marketing for future releases, and development expenses.”
Fortunately for Disney, the only way is up for the X-Men franchise after Dark Phoenix and fans will be expecting big things from future installments of the series now that it will be a part of the MCU.
What do you think? Is it fair for Disney to blame Dark Phoenix for their Q3 results? Let us know in the comments below or on Twitter @flickeringmyth…
This is the story of one of the X-Men’s most beloved characters, Jean Grey, as she evolves into the iconic DARK PHOENIX. During a life-threatening rescue mission in space, Jean is hit by a cosmic force that transforms her into one of the most powerful mutants of all. Wrestling with this increasingly unstable power as well as her own personal demons, Jean spirals out of control, tearing the X-Men family apart and threatening to destroy the very fabric of our planet. The film is the most intense and emotional X-Men movie ever made. It is the culmination of 20 years of X-Men movies, as the family of mutants that we’ve come to know and love must face their most devastating enemy yet — one of their own.
X-Men: Dark Phoenix sees Simon Kinberg directing a cast that includes franchise veterans Michael Fassbender (Magneto), James McAvoy (Professor X), Jennifer Lawrence (Mystique), Nicholas Hoult (Beast), Alexandra Shipp (Storm), Sophie Turner (Jean Grey), Tye Sheridan (Cyclops), Kodi Smit-McPhee (Nightcrawler) and Evan Peters (Quicksilver) alongside new additions Kota Eberhardt (The Persian Connection) as Selene, Andrew Stehlin (Hacksaw Ridge) as Red Lotus, and Jessica Chastain (Molly’s Game) and Lamar Johnson (Kings).