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Long-expected layoffs are hitting Pixar Animation Studios on Tuesday. Pixar will lay off about 175 employees, or around 14% of the studio's workforce, a spokesperson for parent company Walt Disney told CNBC. Initially, it was reported that 20% of the animation studio's employees would be laid off. When theaters closed during the pandemic, Disney sought to pad the company's fledgling streaming service Disney+ with content, stretching its creative teams thin and sending theatrical movies straight to digital. As a result, no Disney animated feature from Pixar or Walt Disney Animation has generated more than $480 million at the global box office since 2019.
Persons: Walt Disney, Bob Iger, Disney, — CNBC's Julia Boorstin Organizations: Pixar, Studios, CNBC, Disney, Marvel, Walt Disney Animation
Read previewChris Hemsworth criticized high-profile directors and his fellow Marvel actors for "bashing" the superhero genre when it is beloved by "billions." Chris Hemsworth as Thor in "Thor: Love and Thunder." "Superhero films actually kept people in the cinemas during that transition and now people are coming back. Related storiesHemsworth then turned his attention to Marvel actors who have spoken out against the franchise after their movies failed. Despite his strong defense of Marvel, Hemsworth criticized his last movie appearance, "Thor: Love and Thunder," on multiple occasions.
Persons: , Chris Hemsworth, Martin Scorsese, Francis Ford Coppola, Quentin Tarantino, what's, Hemsworth, Thor, Scorsese, Coppola, Idris Elba, Anthony Hopkins, Christian Bale, Amr Alfiky, I've Organizations: Service, Marvel, Business, Times, Marvel Studios, GQ Locations: London
For the first time since 2009, the box office doesn't have a Marvel film to kick off the summer movie season — and it shows. This year, the headline film for the first summer weekend was Universal's "The Fall Guy." The result could send the 2024 summer box office down as much as $800 million compared to 2023, according to Comscore's Paul Dergarabedian, and have ripple effects for the whole year. At present, analysts believe the summer movie season will exceed $3 billion in ticket sales, but just barely. Before Covid, the summer box office consistently topped more than $4 billion.
Persons: Guy, Ryan Gosling, Emily Blunt, Eric Handler, Roth MKM, bode, Comscore's Paul Dergarabedian, doesn't Organizations: Labor, Disney Marvel
Disney CEO Bob Iger plans to limit the number of Marvel films and TV shows released each year. The decision follows underperformance and criticism of the quality of Marvel content. AdvertisementDisney CEO Bob Iger's turn-around tour continues, and he let us in on the plan for what is arguably the House of Mouse's most successful IP: Marvel. In Disney's first earnings call since successfully fending off a proxy battle from Nelson Peltz — and former Marvel Entertainment chairman Ike Perlmutter — Iger delineated the future of the Marvel Cinematic Universe. This story is available exclusively to Business Insider subscribers.
Persons: Bob Iger, , Bob Iger's, Nelson Peltz —, Ike Perlmutter — Iger Organizations: Disney, Marvel, Service, Marvel Entertainment, Business
Robert Downey Jr. disagreed with Chris Hemsworth, who said he was "replaceable" as Thor. AdvertisementRobert Downey Jr. disagreed with Chris Hemsworth after the "Thor" star said he was "replaceable" in the "Avengers" movies. "Hemsworth is, in my opinion, the most complex psyche out of all us Avengers. He's got wit and gravitas, but also such restraint, fire, and gentleness," Downey Jr. continued, before describing Hemsworth's work in "Thor: Ragnarok," "Avengers: Infinity War," and "Avengers: Endgame" as a "formidable hat trick." Downey Jr. and Chris Evans both left after "Endgame," and Scarlett Johansson exited following 2021's "Black Widow."
Persons: Robert Downey Jr, Chris Hemsworth, Thor, Hemsworth, , You've, Downey, Kenneth Branagh, Ken Branagh, He's, Dave Bautista, Kumail Nanjiani, Anthony Hopkins, Mark Ruffalo, Jeremy Renner, Downey Jr, Chris Evans, Scarlett Johansson, Marvel Organizations: Service, Marvel, Fair, Marvel Studios
Actors Chris Hemsworth and Elsa Pataky, who have been married since 2010, have three children. Their eldest child, a daughter named India Rose, starred alongside Hemsworth in "Thor: Love and Thunder." download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementChris Hemsworth is known for his role as Thor in the Marvel Cinematic Universe, but his kids are unfazed by his A-lister status. This story is available exclusively to Business Insider subscribers.
Persons: Chris Hemsworth, Elsa Pataky, India Rose, Hemsworth, Sasha, Tristan, , Thor, lister Organizations: Service, Marvel, Entertainment, Business Locations: India
But the Hollywood strikes pushed the release date for "Deadpool & Wolverine, so "The Fall Guy" stepped in. 2012's "The Avengers" brought in $207 million opening weekend and grossed over $1.5 billion worldwide. 'The Fall Guy' doesn't need to earn what past Marvel titles did to be successfulRyan Gosling in "The Fall Guy." There have to be other big winners, and that's where "The Fall Guy" comes in. "The Fall Guy" is tracking in the mid-$30 million range for this weekend, multiple industry sources told BI.
Persons: Guy, , David Leitch, Ryan Gosling, Emily Blunt, Tim Handren, Hadren, Jeff Bock, Bock, Max Organizations: Marvel, Service, WGA, SAG, Santikos Entertainment, Marvel Studios, Hollywood Locations: Hollywood, Antonio
Chris Hemsworth says he regrets leaning too far into comedy for "Thor: Love and Thunder." The Marvel star says he "became a parody" of himself with the sequel. AdvertisementChris Hemsworth says he regrets "Thor: Love and Thunder" because he "became a parody" of himself in what was his ninth appearance in the Marvel Cinematic Universe. The 40-year-old star first played Thor hero in 2011's "Thor" and he reprised the role in three sequels and all four Avengers movies. This story is available exclusively to Business Insider subscribers.
Persons: Chris Hemsworth, Hemsworth, , Max Organizations: Service, Marvel, Business
She also returned as MJ in "Spider-Man: No Way Home" (2021). Tom Holland in "Spider-Man: No Way Home." Courtesy of Sony PicturesAudience score: 98%In this follow-up to the 2019 Marvel Cinematic Universe film, the hero's identity is revealed. Again, like the previous installment, the film was lauded by both critics and audience members, with some even calling it the "best" "Spider-Man" movie of all time. Keep in mind this list doesn't include movies that she wasn't credited in, nor does it include films without a score.
Persons: Tom Holland, Peter Parker, Doctor Strange, Benedict Cumberbatch, wasn't, Read Organizations: Sony Locations: Holland
“Monkey Man” is set in a semi-fictionalized Mumbai, replete with homelessness, crime and swooping, askew camera angles. Action movies — even relatively gritty ones without fanciful superhero CGI — require a bigger outlay for location and stunts. “Monkey Man” was plagued by production difficulties and financial struggles. Mindless s**t. I wanted to give it soul.” That’s an admirable sentiment — and one that isn’t just restricted to action movies. “Monkey Man” growls and spits and beats its chest and leaps you’re never quite sure where.
Persons: Noah Berlatsky, , Dev, Jordan Peele’s, Noah Berlatsky Noah Berlatsky, Peele, Patel, Dev Patel, Rana, Sikandar Kher, gyrating, John Wick, Gordon, James Bond, Chris Hemsworth’s Tyler, slogs, Paul Atreides, Jordan Peele, Vianney Le Caer, , Bruce Lee’s, Carl Franklin’s, Alice Wu’s, Jordan, didn’t, , We’re, there’s, , Peele hadn’t, ” Patel, you’re Organizations: CNN, Universal Pictures, Everett, Marvel Cinematic, Netflix Locations: Chicago, Mumbai, East Asia, South Asia, Eastern Europe, London, White, Hollywood
However, WBD's upcoming reboot of the DC universe may help move the needle for Max, according to Bank of America lead media analyst Jessica Reif Ehrlich. AdvertisementWBD is now rebooting its superhero franchise with the DC Universe, or DCU for short, which will have films with interconnected storylines like Marvel has. Reif Ehrlich said new DC films and series could be cross-sold across Max, cable, and free, ad-supported streaming TV channels. AdvertisementAlthough WBD's cable channels are suffering as millions of US households cut the cord, Reif Ehrlich said this dual-distribution method is an effective marketing mechanism. "WBD can employ this same playbook to promote the launch of the new DC universe and other high-value content," Reif Ehrlich wrote.
Persons: , WBD's, HBO Max, Max, Jessica Reif Ehrlich, WBD, Marvel, James Gunn —, Reif Ehrlich, Kate Taylor, David Zaslav Organizations: Service, Warner Bros, Netflix, HBO, Warners, Nielsen, Business, Bank of America, Disney, Marvel, DC, DCU, Max, Hollywood, HGTV, Food Network
Hollywood is increasingly adapting video games into movies and TV shows. Video game studios are cautious, fearing adaptations could compromise their intellectual properties. But Hollywood has a backup plan: Video games. Ampere found that Hollywood shifted its focus away from comic books in movies and television shows last year in favor of video game adaptations like "The Last of Us." Video game adaptations typically get a bad rap as schlocky retellings, especially from younger gamers.
Persons: , Ampere, Mario, Barbie, Paul Dergarabedian, Comscore, Helene Juguet, Lance Reddick —, Black —, Strauss Zelnik, Zelnik Organizations: Hollywood, Service, Wall Street, Ampere, Amazon Prime, Netflix, Mario Bros, Guardians, Marvel, Ubisoft Film, Television, Newsweek, Forbes, Miami, Electronic Gaming Association Locations: London, Austin
CNN —In case you’ve somehow missed the biggest news in music this week, Beyoncé released her latest album on Friday, and “Act II: Cowboy Carter” goes out of its way to point out that music genres are overly confining labels. The 27-track compendium contains country music, to be sure, but also folk, gospel, rap, pop and even some Italian opera – and it celebrates Bey’s desire to span beyond any labels or limits. (She even spelled it out in a rare caption on her Instagram ahead of the album drop, writing that “Carter” “ain’t a Country album. This is a ‘Beyoncé’ album.”) The resulting collection is musically rich, lyrically creative and distinctly Beyoncé. Throughout, Beyoncé acknowledges the influence of artists who have come before her, and subverts concepts of country music by connecting past to present.
Persons: you’ve, Beyoncé, Cowboy Carter ”, “ Carter, Linda Martell, , ” Thanos, Josh Brolin, Shaboozey, Nancy Sinatra’s, Queen Bey, Jay, Z’s, she’s, , Chuck Berry, Willie Nelson ”, Tanner Adell, Reyna Roberts, Tiera Kennedy, Brittney Spencer, Willie Jones, Cowboy Carter Organizations: CNN, Black, Marvel Studios, The Beach Boys, Block Party Locations: , Louisiana
Read previewWith Sony's "Madame Web" failing to ignite the box office, the actors from the Marvel movie are already distancing themselves from the Spider-Man adjacent project. "Madame Web" earned itself a lowly 12% critic's rating on Rotten Tomatoes. The star then suggested that the idea for "Madame Web" looked different when she originally signed onto the project. This isn't the first time a Sony Marvel movie has bombed spectacularly. Hopefully, they're more successful than "Madame Web," and "Morbius," because Sony can't afford any more Marvel misfires.
Persons: , Cassandra Web, Johnson, Ezekiel Sims, Tahar Rahim, Dakota Johnson, Sydney Sweeney, Julia Cornwall, Sweeney, Audiences, Jared Leto, Kraven, Aaron Taylor, Tom Hardy, Marvel Organizations: Service, Marvel, Business, Los Angeles Times, Sony, Rotten, Hollywood, Sony Marvel
Driven largely by benefits associated with the “Barbie” movie, Mattel finished last year strong with 24% fourth-quarter growth. Before the “Barbie” movie was released, the Barbie brand already had a 99% rate of global brand awareness, selling more than 100 dolls every single minute, according to Mattel. What’s next for Mattel Films? Mattel Films, which is headed by Oscar-nominated producer Robbie Brenner, faces a lot of pressure to live up to “Barbie” with its second go-around. When asked about the possibility of an R-rated film at Mattel, Kreiz says, “I wouldn’t rule out different scenarios.
Persons: CNN — Barbie, “ Barbie ”, Fisher Price, Barbie, J.J . Abrams, Vin Diesel, , Lena Dunham, Lily Collins, “ Barney, Daniel Kaluuya, Bob, Jennifer Lopez, Anthony Ramos, , Matt Mason, Tom Hanks, KELLY CLARKSON, Jennifer Lopez Weiss Eubanks, Mattel, Ynon Kreiz, Kreiz, ” Kreiz, Greta Gerwig, Margot Robbie’s “ Barbie ”, Chris Pizzello, Lisa McKnight, ” Barbie, “ Barbie, Robbie, Amy Schumer, Anne Hathaway, ” McKnight, Barney ’, Oscar, Robbie Brenner, Gerwig, Mark Ronson, Barney, BARNEY, “ It’s, ‘ Barbie, ’ ” Organizations: CNN, Academy, Hollywood, American, Warner Bros . Pictures, Marvel, Mattel, UNO, KELLY CLARKSON SHOW, Fox Kids Europe, Endemol, Hasbro, Universal, Sony, Mattel Films, Entertainment, Everett, haven’t Locations: Hollywood, J.J, , Arizona, Los Angeles, Cold
Read previewRay Winstone said working on Marvel's "Black Widow" was "soul-destroying" because producers told him his performance was too strong during reshoots on the 2021 movie. This story is available exclusively to Business Insider subscribers. Winstone told Radio Times magazine that he found it difficult working on the Marvel movie, especially when producers criticized his performance during reshoots. The actor said that he wanted to quit "Black Widow," and told producers to recast the role. On Sunday, Winstone told The Guardian that he sometimes takes roles he's not interested in, simply because he needs the money.
Persons: , Ray Winstone, Scarlett Johansson, General Dreykov, Taskmaster, Olga Kurylenko, Winstone, Dreykov, It's, Indiana Jones, he's, you've, haven't, Winstone isn't, Natalie Portman, Dave Bautista, Edward Norton, they've, didn't Organizations: Service, Business, Radio Times, Marvel, Marvel Studios, Guardian
The "Reacher" star lost out to Chris Hemsworth because he didn't take acting seriously, he said. Advertisement"Reacher" star Alan Ritchson said he almost played Thor in the Marvel Cinematic Universe, but lost out to Chris Hemsworth because he didn't take acting seriously. Over the next decade, Ritchson went to acting classes and collected roles in "The Hunger Games: Catching Fire," "Teenage Mutant Ninja Turtles," "New Girl," and "Brooklyn Nine-Nine." When Ritchson reprised the role for "Reacher" season two, it exceeded expectations and earned itself a 98% rating on the review site. AdvertisementIt's no surprise, then, that "Reacher" season three is already in production.
Persons: Alan Ritchson, Thor, Chris Hemsworth, Ritchson, he'd, , Jack Reacher, Lee Child, Hemsworth —, Reacher, Men's Organizations: Marvel, Service, Health, Hemsworth, Brooklyn, Amazon, Rotten, Men's Health Locations: Mountain
BookTok can't get enough of Sarah J. Maas' fantasy series, especially "A Court of Thorns and Roses." Here's the reading order I'd recommend as an avid fan of Maas' books. However, I don't think reading the "Throne of Glass" books in the order they were published offers the best narrative experience. After her two longer series, Maas readers will be ready for the 'Crescent City' booksHalf-fae Bryce Quinlan is at a crossroads when the "Crescent City" series begins, grieving the murder of her best friends by a demon. BloomsburyI would absolutely leave "Crescent City" as your third Maas series for a few reasons.
Persons: BookTok, Sarah J, Maas, , she's, ahem, Feyre Archeron, Frost, Celaena, Adarlan, fae Bryce Quinlan, Bryce, Hunt Athalar, — they're, I'd, Bryce Quinlan's Organizations: Service, The New York Times, Marvel, Hulu, Wings, Silver Flames, Bloomsbury Locations: TikTok, Maas, Bloomsbury, Adarlan, Crescent, Crescent City
New York CNN —“Madame Web” swung to No. In November, “The Marvels” saw a lackluster $47 million in domestic sales its opening weekend, and DC’s “Aquaman and the Lost Kingdom” opened in December to a feeble $27.6 million. It’s still too soon to estimate gross domestic sales for “Madame Web,” but, by the time it exited theaters, “Morbius” had made just $73 million. But “Madame Web,” which released February 14, struggled to gain upward momentum even along its six-day opening, which straddled two holidays: Valentine’s Day and Presidents’ Day. Recent months have seen musical box office hits like “Wonka,” “Mean Girls,” and successful concert films from both Beyonce and Taylor Swift.
Persons: , Bob Marley, Web, , BoxOffice, Shawn Robbins, Madame Web’s, ” theatergoers, DC’s, Paul Dergarabedian, ‘ Deadpool, Venom ”, It’s, Madame, Morbius ”, Robbins, “ Wonka, Beyonce, Taylor Swift, Bob Marley’s, ” Dergarabedian, Compton ” Organizations: New, New York CNN, Sony Pictures, Disney’s Marvel Studios, Marvel, Sony, BoxOffice Pro, Avengers, Warner Bros, CNN, Comscore, Locations: New York, Comscore
Pedro Pascal has shared the bizarre mnemonic system he uses to memorize his lines. Users on X compared his notes to the Zodiac Killer's infamous cipher, which went unsolved for years. "I have information that could lead to the immediate arrest of Pedro Pascal. Others also saw the similarity between Pascal's page of notes and the Zodiac Killer's infamous ‘340 Cipher.' Advertisementhave we tried giving pedro pascal the zodiac killer’s letters to see if he could unencrypt them — tortured poets department intern (@thenoasletter) February 18, 2024"Have we tried giving pedro pascal the zodiac killer's letters to see if he could unencrypt them," someone else wrote.
Persons: Pedro Pascal, , Billy Crudup, Matthew Macfadyen, Kieran Culkin, Pascal, Culkin, pedro pascal, Reed Richards, Pedro, Reed Organizations: Service, AFTRA, Marvel
A reboot of "Fantastic Four" is in the works at Marvel Studios. The film will star Pedro Pascal, Vanessa Kirby, Joseph Quinn, and Ebon Moss-Bachrach. AdvertisementThe Marvel Cinematic Universe's long-awaited reboot of "Fantastic Four" is on the horizon, and details are finally coming into focus. Pedro Pascal, Vanessa Kirby, Joseph Quinn, and Ebon Moss-Bachrach will star as the titular superheroesThe Fantastic Four in Marvel Comics. 'The Fantastic Four' premieres July 25, 2025Marvel Studios' The Fantastic Four arrives in theaters July 25, 2025. pic.twitter.com/Y8KfOo8ZoZ — Marvel Studios (@MarvelStudios) February 14, 2024Shakman told Collider that the movie will begin filming in the UK at Pinewood Studios in the spring.
Persons: Pedro Pascal, Vanessa Kirby, Joseph Quinn, Ebon Moss, Bachrach, Matt Shakman, , Kevin Feige, Chris Pizzello, Jon Watts, Tom Holland's, Adam Driver, Penn Badgley, Jodie Comer, Margot Robbie, Reed Richards, Marvel, Pascal, Sue Storm, Johnny Storm, Ben Grimm, Shakman, you've, Y8KfOo8ZoZ Organizations: Marvel Studios, Service, San Diego Comic, Marvel Comics, Variety, coy, Marvel, Collider, Pinewood Studios
The “Last of Us” and “Mandalorian” actor is set to play Reed Richards (also known as Mister Fantastic) in the newest incarnation of “The Fantastic Four,” the studio announced Wednesday. The rest of his squad was revealed, too, with Vanessa Kirby stepping up as Susan Storm (The Invisible Woman), Joseph Quinn of “Stranger Things” as Johnny Storm (The Human Torch), and Ebon Moss-Bachrach of “The Bear” as Ben Grimm (The Thing). “The Fantastic Four” is among Marvel’s longest-running comics series and the titular crew is one of its most beloved groups. When it debuted in November 1961, it was a refreshing revelation that helped inform the Marvel voice and set a path for Iron Man and Spider-Man. The film is set to be directed by “WandaVision” veteran Matt Shakman, with a planned July 25, 2025, theatrical release.
Persons: Pedro Pascal, Mandalorian, Reed Richards, Vanessa Kirby, Susan Storm, Joseph Quinn, Johnny Storm, Ebon Moss, Bachrach, , Ben Grimm, Stan Lee, Jack Kirby, Roger Corman, Alex Hyde, Rebecca Staab, Jay Underwood, Michael Bailey Smith, Oley Sassone, Corman's, Tim Story, Chris Columbus, Raja Gosnell, ” helmer Peyton Reed, ” Ioan Gruffudd, Reed, Jessica Alba, Susan, Chris Evans, Johnny, Michael Chiklis, Ben, Kevin Feige, John Krasinski, Strange, “ WandaVision, Matt Shakman Organizations: Star Wars, Marvel, Century Fox
Read previewFormer Marvel actor Jonathan Majors has asked to void his December domestic violence conviction, delaying his sentencing until April 8. There, he learned that his lawyer's motion to set aside his verdict had been received by the judge. The so-called "330.30 motion" was not immediately provided to the public. "So Mr. Majors we're going to be adjourning your case for sentencing," the judge said, turning to face Majors on the screen. First, a verdict can be set aside if the defense uncovers anything already in the case record that would reverse or modify the verdict on appeal.
Persons: , Jonathan Majors, Majors, Grace Jabbari, Michael J, Majors we're, Kang, Disney's, Priya Chaudhry Organizations: Service, Marvel, Business, Manhattan, Disney's Marvel Locations: Manhattan
While 2024 and 2025 boast franchise-rich movie slates, Wall Street doesn't expect ticket sales to top $10 billion domestically until 2026. The domestic box office has not hit that benchmark since 2019 before the Covid pandemic. When the box office does again surpass that threshold, Disney could be the driving force. After all, the first Avatar generated nearly $800 million at the domestic box office after its release in 2009. Therefore, where industry experts see gaps between major tent poles, there could be smaller-budgeted films that add incremental value to the overall box office.
Persons: it'll, Eric Handler, Roth, snared, Handler, Shawn Robbins, Robbins, Bob Iger, It's, Jonathan Majors, Taylor, it's Organizations: ANGELES, Star Wars, Disney, Marvel, Pixar, Disney Animation, Universal, Paramount, Warner Bros, Hollywood, Angel, AMC, Comcast, CNBC Locations: U.S, Canada, NBCUniversal
Now, he wants a judge to permanently seal secret pre-trial proceedings concerning his private life. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementRead Majors' arguments for permanently sealing the domestic violence pre-trial record concerning his private life. It's unknown if the judge will decide the matter from the bench at sentencing or in a written decision.
Persons: , Jonathan Majors, Majors, Rolling Stone, Grace Jabbari, Priya Chaudhry, Michael J, Gaffney, Kang, Chaudhry, they'd, acceding, Michael Perez, Coretta Scott King, Michelle Obama, Perez, comport Organizations: Service, Media, Business, Majors, Manhattan, Marvel, Manhattan District Locations: Jabbari, Manhattan's Chinatown, Manhattan
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