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‘Zelda’ sales breakout juices Nintendo’s aging Switch
  + stars: | 2023-08-03 | by ( ) edition.cnn.com   time to read: +2 min
Tokyo CNN —Japan’s Nintendo on Thursday said it sold 3.91 million units of its Switch console in the April-June quarter, exceeding sales in the same period a year earlier, boosted by the runaway success of its latest “Zelda” title. Nintendo (NTDOF) said it sold 18.51 million units of “Tears of the Kingdom” in the first quarter. The Kyoto-based gaming firm maintained its full-year forecast for the console of 15 million units. It sold 17.97 million units in the previous financial year. Nintendo’s shares have delivered a more than three-fold return, including dividends, since the Switch went on sale in major markets in March 2017, outperforming the benchmark Nikkei’s 91% return over the same period.
Persons: Zelda, Mario, , Serkan Toto, Pikachu Organizations: Tokyo CNN —, Nintendo, Mario Bros, Kantan Locations: Kyoto
'Zelda' sales breakout juices Nintendo's aging Switch
  + stars: | 2023-08-03 | by ( Sam Nussey | ) www.reuters.com   time to read: +3 min
Attendees use a Nintendo Switch game console while playing a video game at the Paris Games Week (PGW), a trade fair for video games in Paris, France, October 29, 2019. Nintendo said it sold 18.51 million units of "Tears of the Kingdom" in the first quarter. The results underscore Nintendo's success in extending the life of the aging Switch system, which has sold almost 130 million units, and using its roster of popular characters to boost revenue beyond the core gaming business. The Kyoto-based gaming firm maintained its full-year forecast for the console of 15 million units, which would be a 16.5% decline on a year earlier. First-quarter operating profit leapt 82% on a year earlier to 185.4 billion yen with sales of first-party software at record highs.
Persons: Benoit Tessier, Mario, Zelda, Serkan Toto, Shuntaro Furukawa, Pikachu, Sam Nussey, Christopher Cushing Organizations: Nintendo, Paris Games, REUTERS, Mario Bros, Kantan, Thomson Locations: Paris, France, TOKYO, Kyoto
Over the last four weeks, Angel Studios' "Sound of Freedom," an indie film that has drawn the support of former President Donald Trump and other conservatives, has captured nearly $150 million in domestic ticket sales. "Sound of Freedom" is also on the heels of Disney's "Indiana Jones and the Dial of Destiny," which has generated around $167 million in box-office grosses in the U.S. and Canada. "'Sound of Freedom' is a summer movie success story that wasn't even on the radar just a few short weeks ago," said Paul Dergarabedian, senior media analyst at Comscore. "Sound of Freedom" wrapped filming in 2018. "'Sound of Freedom' benefitted not only from this but also by providing a non-typical summer style movie experience."
Persons: Donald Trump, Mario Bros, Tom Cruise, Indiana Jones, Shawn Robbins, Paul Dergarabedian, Tim Ballard, Jim Caviezel, Robbins, Trump, Steve Bannon, Trump's, Kari Lake, Jack Posobiec, Kevin McCarthy, Dergarabedian Organizations: Angel Studios, Hollywood, Warner Bros, DC, Century Fox, Walt Disney Co, Comcast, CNBC Locations: U.S, Canada, Hollywood, Colombia, New Jersey, Arizona, Washington, NBCUniversal
Comcast beat analyst estimates on Thursday when it reported its second-quarter results, as higher pricing helped offset a continued slowdown in its broadband business. The company now groups its Xfinity-branded broadband, cable TV and wireless services with its U.K.-based Sky. Higher average rates helped to offset second-quarter subscriber losses, leading to broadband revenue growth of 4.4%. Comcast and its peers have experienced slowing growth in the broadband segment following quarters of robust gains during the early days of the Covid pandemic. The drop in domestic advertising was largely due to lower revenue at NBCUniversal's TV networks, which was partially offset by the leap in Peacock revenue.
Persons: Peacock, Cord, Bob Iger, NBCUniversal, Mario Organizations: Comcast, Refinitiv, Disney, USA Network, Bravo, Premier League soccer, Peacock, Sky Sports, Revenue, Mario Bros, Super Nintendo, CNBC Locations: Beijing, Japan, Orlando, Florida
The company's total revenue rose 1.7% to $30.51 billion in the quarter, beating analysts' average estimate of $30.13 billion, according to Refinitiv data. Ad revenue in content and experiences fell 4.9% from the same quarter a year prior, in a weak but stable advertising environment. Paid subscribers increased by two million in the second quarter, to 24 million, from the 22 million it reported in the previous quarter. Theme parks revenue climbed 22.4%, thanks to demand for attractions such as “Super Nintendo World” in Hollywood and Osaka, Japan. Overall, net income attributable to Comcast rose 25.1% to $4.25 billion in the quarter.
Persons: Mario, Peacock, Factset, Helen Coster, Deepa Babington Organizations: YORK, Comcast, Revenue, Nintendo, Competition, Mobile US Inc, Verizon Communications Inc, Thomson Locations: Hollywood, Osaka, Japan
That’s pretty much all there is to say about “Haunted Mansion,” a live-action branding opportunity from Disney “inspired by” its theme-park attraction of the same name. “Haunted Mansion” is unlikely to do the same. (A 2021 Halloween special, “Muppet Haunted Mansion,” is streaming on Disney+.) The first film, “The Haunted Mansion” (2003), starring Eddie Murphy, was widely panned but made millions. I hope that Disney paid Simien truckloads of money to direct “Haunted Mansion,” and that he had more fun making it than I had watching it.
Persons: , Eddie Murphy, Elvis Mitchell, Mario, “ Barbie ”, Justin Simien, , Simien, it’s Organizations: Disney, Pirates, New York Times, , Mario Bros, Netflix Locations: Disneyland, Anaheim , Calif, , Orleans,
'Barbie' box office dominance extends beyond the weekend
  + stars: | 2023-07-26 | by ( Sarah Whitten | ) www.cnbc.com   time to read: +2 min
The Warner Bros. flick based on Mattel's iconic fashion doll continued to tally record ticket sales following its historic opening weekend. On Monday, "Barbie" added $26 million to its haul, the biggest Monday in the history of Warner Bros. and the best-ever for a female director. Greta Gerwig's bubblegum pink feature added another $26 million on Tuesday, extending its domestic box office to $214 million. "Barbie" exceeded opening weekend expectations, snaring $162 million over its first three days in domestic theaters. In just five days in theaters, "Barbie" has topped $470 million globally.
Persons: It's, Greta, Harry Potter, Margot Robbie, Mario, Barbie, Christopher Nolan's, Oppenheimer Organizations: Warner Bros, Marvel, Star, Mario Bros, Universal, Comcast, CNBC Locations: Hollywood, NBCUniversal
“Obviously, the little girls that are going to see Barbie, none of them are going to have any idea what those dashes mean,” Mr. Cruz told Fox News. “This is really designed for the eyes of the Chinese censors, and they’re trying to kiss up to the Chinese Communist Party because they want to make money selling the movie.”The response on the right is not a one-off. For a generation of conservative personalities, weaned on Andrew Breitbart’s much-cited observation that “politics is downstream of culture,” Hollywood and other ostensibly liberal bastions are to be confronted head-on, lest their leanings ensnare young voters without a fight. Recent years have provided ample evidence, some on the right say, for a “go woke, go broke” view that progressivism is bad business. (Of course, there is no way to trace exactly what determines any movie’s success or failure, and many observers adhere to the screenwriter William Goldman’s axiom: “Nobody knows anything.”)“Barbie” cannot be said to have gone broke.
Persons: Mr, Cruz, Andrew Breitbart’s, ensnare, , Mario, Halle Bailey, , William Goldman’s, Barbie, Rich Cromwell, ” Kyle Smith Organizations: Fox News, Chinese Communist Party, Mario Bros, Black, Wall Street
The final Friday to Sunday tally for the "Barbie" movie starring Margot Robbie and Ryan Gosling was slightly higher than the $155 million the studio estimated on Sunday. "Barbie" is the No.1 movie of the year based on domestic opening weekend sales, beating the $146.4 million haul for April release "The Super Mario Bros. The story of the making of the atomic bomb brought in $82.4 million in the United States and Canada from Friday through Sunday, up from the earlier estimate of $80.5 million. In 78 international markets, "Oppenheimer" collected nearly $98.0 million for a global total of $180.4 million. Both movies beat expectations and helped the U.S. and Canadian box office surpass $300 million for just the fourth time in history.
Persons: Margot Robbie, Maja Smiejkowska, Warner Bros, Ryan Gosling, Mario, Greta Gerwig's, Barbie, Christopher Nolan's, Oppenheimer, Lisa Richwine, Jonathan Oatis Organizations: REUTERS, Warner, Mario Bros, Mattel Inc, Thomson Locations: London, Britain, United States, Canada, U.S
Director Christopher Nolan's "Oppenheimer," about the making of the atomic bomb, beat expectations with $80.5 million at domestic theaters in a cinema battle dubbed "Barbenheimer." The $155 million debut topped the $146.4 million for "The Super Mario Bros." in April and ranked as the highest domestic opening ever for a female-directed film. Many fans wore pink outfits screenings and theaters offered pink cocktails and glittery popcorn. The drama "Oppenheimer" stars Cillian Murphy as American scientist J. Robert Oppenheimer, the man who developed the atomic bomb. The movie added $93.7 million in international markets, for a global total of $174.2 million, distributor Universal Pictures (CMCSA.O) said.
Persons: Margot Robbie, Christopher Nolan's, Oppenheimer, Greta Gerwig's, Mario, Cillian Murphy, J, Robert Oppenheimer, Lisa Richwine, Cynthia Osterman, Nick Zieminski Organizations: Warner Bros, Mattel, stoke, Universal Pictures, Thomson Locations: ANGELES
New York CNN —Greta Gerwig’s “Barbie” raked in a stunning $155 million domestically over the weekend, giving the film the largest opening weekend of 2023, Comscore said. The combined release of “Barbie” and Christopher Nolan’s “Oppenheimer,” dubbed “Barbenheimer,” has become a pop culture sensation – and one that might revive a struggling movie industry. Coming in behind “Barbie,” “Oppenheimer” opened at $80.5 million domestically over the weekend, according to Comscore. Its closest comparison is “Wonder Woman” in 2017, directed by Patty Jenkins, which raked in about $38 million domestically on opening day, according to Box Office Mojo. That could bring a much needed rebound to the movie industry.
Persons: Greta Gerwig’s “, , Comscore, “ Barbie ”, Christopher Nolan’s “ Oppenheimer, , Paul Dergarabedian, “ Barbie, ” “ Oppenheimer ”, Dergarabedian, ” Dergarabedian, ” It’s, Gabrielle Roitman, Kayla Seffing, Maddy Hiller, Casey Myer, Oppenheimer, Barbie, Chris Pizzello, Patty Jenkins, “ Oppenheimer, It’s, Christopher Nolan, Knight, Mario, Indiana Jones, Destiny ’, ” Sheri Lambert, Mattel, Lambert Organizations: New, New York CNN, AMC, Office, Warner Bros, Warner Bros ., Hollywood Reporter, Mattel, Dunkirk, Mario Bros, Temple University, CNN Locations: New York, Canada, Los Angeles, United States
But can the same be said for Mattel shares? Mattel stock is up more about 19% on a year to date basis after a mixed start to the year. Into the Barbie release, the stock reflects the growing buzz. Mattel shares moved from $17.59 on June 1 to breaking into the $20 range for the first time since February. Though Barbie is not a typical film in the space given its adult audience, Jefferies analyst Andrew Uerkwitz said, it can still help Mattel sales incrementally.
Persons: Gordon Haskett, Don Bilson, Greta Gerwig, Margot Robbie, Ryan Gosling, Bilson, Goldman Sachs, Stephen Laszczyk, Davidson, Linda Bolton Weiser, Bolton Weiser, Barbie, Brett Feldman, Jefferies, Andrew Uerkwitz, Roth, David Bellinger, Bellinger, Mario, Morgan Stanley, Benjamin Swinburne, ramped, Oppenheimer, Laszczyk, David Karnovsky, Karnovsky, — CNBC's Michael Bloom Organizations: Mattel, Warner Bros, Lions, Lions Gate, Hasbro, MAT, Analysts, Universal Pictures, Mario Bros, Hollywood, JPMorgan, CNBC, Alliance, Television Producers, Guild of America Locations: 2H23
This year, a number of films have flopped at the box office, including "Elemental" and "The Flash." A social-media analysis from Diesel Labs points to possible success for "Barbie" and "Oppenheimer" — here's why. Temperatures are rising all around the world, with one notable exception: the box office, where this year's film openings have mostly been, at best, lukewarm. Social-media attention on forthcoming and recent film releases looks to be generally trending higher for titles like "Barbie," "Oppenheimer," and "Mission Impossible: Dead Reckoning Pt. This story has been updated to reflect new box office estimates and an estimate of how many moviegoers will see "Barbie" and "Oppenheimer" on the same day.
Persons: Barbie, Oppenheimer, Mario Bros, tentpole, Indiana Jones, , Barbie ”, “ Oppenheimer, Michael O'Leary, David A . Gross, Tom Cruise's, Gross, Screenrant, Ruby Gillman, Mario, America's, Christopher Nolan's, Greta Gerwig's, Matt Damon, Emily Blunt, Rami Malek, Reed Alexander Organizations: Diesel Labs, SAG, Writers Guild of America, www.diesellabs.com Diesel Labs, National Association of Theatre Owners, Warner Bros, Rotten, Entertainment Research, Variety, Disney, Mario Bros, Writers Guild, Wednesday, London Locations: Hollywood, North America
This year, a number of films have flopped at the box office, including "Elemental" and "The Flash." A social-media analysis from Diesel Labs points to possible success for "Barbie" and "Oppenheimer" — here's why. Temperatures are rising all around the world, with one notable exception: the box office, where this year's film openings have mostly been, at best, lukewarm. Social-media attention on forthcoming and recent film releases looks to be generally trending higher for titles like "Barbie," "Oppenheimer," and "Mission Impossible: Dead Reckoning Pt. Diesel Labs’ data has found that social-media buzz about the forthcoming launches of “Barbie” and “Oppenheimer” is trending ahead of last year’s benchmark levels.
Persons: Barbie, Oppenheimer, Mario Bros, tentpole, Indiana Jones, , Barbie ”, “ Oppenheimer, David A . Gross, Tom Cruise's, Gross, Screenrant, Ruby Gillman, Mario, America's, Christopher Nolan's, Greta Gerwig's, Matt Damon, Emily Blunt, Rami Malek, Reed Alexander Organizations: Diesel Labs, SAG, Writers Guild of America, www.diesellabs.com Diesel Labs, Warner Bros, Rotten, Entertainment Research, Variety, Disney, Mario Bros, Writers Guild, Hollywood Locations: Hollywood, London
Fury of the Gods” and “Fast X.”The latest “Mission: Impossible” film arrived last weekend to solid results, but below what Hollywood had been expecting. “Oppenheimer” is based on the 2005 biography “American Prometheus” by Kai Bird and Martin J. Sherwin. “Both studios went all-in on original films, directed by notable auteurs with an interest in pushing the envelope,” said Paul Dergarabedian, a senior Comscore analyst. “Barbie” is aimed at women, while “Oppenheimer” has the edge with men. One represents what many cinephiles loathe about Hollywood: movies based on toys.
Persons: moviegoing, John Wick, Indiana Jones, , Mario, III, Barbie, “ Oppenheimer, Kai Bird, Martin J, Sherwin, Paul Dergarabedian, ” “ Barbie ”, — Margot Robbie, Ryan Gosling —, Cillian Murphy, “ Barbie ”, “ Oppenheimer ” Organizations: Hollywood, Mario Bros, Locations: United States, Canada
Universal's "The Super Mario Bros. Movie" is the only movie released in 2023 to so far eclipse the $1 billion mark at the global box office. "If you would have given 10 people a release schedule at the beginning of the year and said, 'We will have just one billion-dollar movie out of all of these and can you pick which one it will be?' In years before the Covid-19 pandemic, and even last year, there were multiple megahits eclipsing $1 billion in global grosses. So far, it has generated $122.1 million at the domestic box office and $221.4 million globally. "The billion-dollar club seems to have become even more exclusive in 2023," said Paul Dergarabedian, senior media analyst at Comscore.
Persons: Mario, Mike Polydoros, Indiana Jones, Shawn Robbins, Bob Iger, CNBC's David Faber, James Gunn's, Sony's, Gunn, Paul Dergarabedian Organizations: ANGELES, Mario Bros, PaperAirplane Media, Disney, Marvel, Star Wars, Pixar, Hollywood, Lucasfilm, Star, Marvel Studios, Warner Bros, Discovery's DC Studios Locations: filmdom
They could also be the struggling theater industry's last chance to make money this summer. Struggling movie theaters might see "Barbie" and "Oppenheimer" – which both come out July 21 – as their last chance to make money this summer. Forecasters think "Barbie" will be the highest-grossing film in the US this summer with earnings between $215 million and $319 million, the data shows. Sandwiching the two movies on Box Office Pro's leaderboard is Tom Cruise's latest "Mission Impossible" flick. AMC has lost money for 15 consecutive quarters, while Cineworld – which owns Regal Cinemas – filed for Chapter 11 bankruptcy last year.
Persons: Greta Gerwig's, Christopher Nolan's, Oppenheimer, Tom Cruise's, Meg, Mario, Indiana Jones Organizations: AMC, Alamo, Mario Bros
In 2019, it launched its International Fund. Today, the investor manages the Diamond Hill International Fund (DHIAX) , rated five stars by Morningstar. Mohanraj expects that's because of the fund's emphasis on differentiated bets. The Diamond Hill fund, which is benchmarked against the MSCI ACWI ex USA Index, has roughly $65 million in assets, a 1.150% expense ratio, and . "And it's that idea of a highly curated portfolio, of what I want to own in international, that's the mindset."
Persons: Krishna Mohanraj, Sanford C, Bernstein, that's, Mohanraj, Morningstar, DHIAX, What's, Dino, they've, Mario, V, Prem Watsa who's, Warren Buffett, Berkshire Hathaway, Warren Buffett's Organizations: Diamond Hill Capital Management, Diamond Hill, International Fund, i2 Technologies, Sanford, Dino Polska SA, Polska, Dino Polska, Nintendo, Mario Bros, Office, Fairfax Financial Locations: Diamond, South India, U.S, Warsaw, Poland, Japanese, Fairfax, Canadian, Canada, Berkshire
Hit and missOf course, quality is a big factor in a film's box office success, too. That pullback has already begun with the 2023 summer movie season. Starting the first Friday in May and running until Labor Day weekend, the summer movie season typically represents 40% of all movie ticket sales for the year. So far through July 2, the summer box office has tallied $1.88 billion. In summer 2022, the box office got a boost from Tom Cruise's "Top Gun: Maverick," a Paramount and Skydance feature.
Persons: that's, Mike Polydoros, clamoring, It's, Universal's, Mario, haven't, Shawn Robbins, Robbins, Tom Cruise's, Paul Dergarabedian, Strange, Indiana Jones, Ruby Gillman, Oppenheimer, Dergarabedian, Kraven, Hunter Organizations: PaperAirplane Media, CNBC, Warner Bros, Mario Bros, Guardians, Galaxy, Sony, BoxOffice.com, Labor, Paramount, Comscore, Universal, Disney, Lionsgate
"Barbie" and "Oppenheimer" will both be released in theaters on July 21. Warner expects the film based on the Mattel doll to take up to $80 million in its first three days. That's about double the projected box office take for Christopher Nolan's epic over the same period. For about a year, a box office battle has been brewing between "Barbie" and Oppenheimer" — the two much-anticipated films from Oscar-nominated directors that are set to be released on exactly the same day. That's before the release of more blockbusters, including "Mission: Impossible – Dead Reckoning Part One" and, of course, "Barbie" and "Oppenheimer."
Persons: Barbie, Oppenheimer, Christopher Nolan's, Oscar, Greta Gerwig's, Robert Oppenheimer, It's, Cillian Murphy, Eamonn McCormack, Margot Robbie, Ryan Gosling, Mia, Nolan, Tenet, Ryan Gilbey, Rebecca Cohen, Chris Panella, Mario, David Gross Organizations: Warner, Mattel, Warner Bros, Hollywood, Universal Pictures, Guardian, Mario Bros, Nintendo, Variety, New York Times Locations: United States, That's
Stock Chart Icon Stock chart icon Netflix vs the S&P 500 over the past five months. Stock Chart Icon Stock chart icon Disney vs. the S&P 500 over the past five months. Stock Chart Icon Stock chart icon Warner Bros. Stock Chart Icon Stock chart icon Paramount Global vs the S&P 500 over the past five months. Stock Chart Icon Stock chart icon Comcast vs the S&P 500 over the past five months.
Persons: Bob Iger, David Zaslav, Bob Bakish, Wells Fargo, Warren Buffett, It's, dethroning, Donald Trump's, Mario, Zaslav, Greenfield, there's, There's, Simon & Schuster, Mark Read Organizations: Walt Disney Company, Warner Bros, Paramount Global, Getty, Companies, Netflix, Disney, Warner Bros . Discovery, Paramount, CNBC, Fox Corp, Comcast, MSNBC, dethroning Fox, Mario Bros, Boston University, Hollywood, Activision, Simon &, WPP, Cannes Lions Locations: Cannes, France
It then delved further into M&A to kickstart its games business. And the streamer hasn't completely abandoned its build-from-within strategy, as it also announced plans last fall to build its own gaming studio in Finland. He recently was elevated to the Lstaff, a group of 25 Netflix business heads who debate its biggest initiatives. (Netflix ended up doing a partnership in 2019 with that company, Studio Dragon, and its parent CJ ENM.) But leadership has been steadfast that Netflix's M&A mantra hasn't changed.
Persons: Here's, Reed Hastings, It's, it's, who's, what's, Roald Dahl, Dahl, Peter Rabbit, Spry, Harry Potter, execs, Spencer Wang, Michael Porter, Spencer Neumann, who'd, Neumann, Wang, Greg Peters, Ted Sarandos, Bela Bajaria, Scott Stuber, Mike Verdu, Jay MacDonald, Digiday, Ana Milicevic, Hastings, Sarandos, CJ ENM, Mario Organizations: Netflix, stoke, Paramount, Night School, Spry Fox, Disney, Warner Bros, DC Comics, Digital Capital Advisors, MLB, Surf League, Street Journal, Microsoft, Sparrow Advisers, MGM, Amazon, Mario Bros, Activision Blizzard, Epic Games, UBS Locations: Finland, New Jersey, Hollywood
Universal’s “The Super Mario Bros.” movie and Sony’s “Spider-Man: Across the Spider-Verse,” both animated films, have racked up big ticket sales this year. The successes of "Super Mario Bros." and "Spider-Man" also reflect a new post-COVID-19 trend at box offices, Hollywood insiders say. In his book, “Creativity, Inc.,” Pixar co-founder Ed Catmull credited Pixar's brain trust with the studio’s early box-office triumphs. Catmull and other members of the original brain trust are gone, though Docter remains, now in the role of chief creative officer. During the pandemic's peak, when many cinemas were closed, Disney launched three Pixar films directly to Disney+_in the U.S., bypassing theaters.
Persons: , Universal’s, Mario, Tony Chambers, Disney's, don’t, Chambers, DreamWorks Animation’s, “ Ruby Gillman, Tom Sito, King, Sito, Jeff Bock, Ed Catmull, — John Lasseter, Andrew Stanton, Pete Docter, Lee Unkrich, Joe Ranft —, Docter, Domee Shi, Soul’s ’ Kemp Powers, Pixar’s, Brad Bird, Oscar, , Darla K, Anderson, “ Coco ”, Bob Chapek, there’s, we’ve, ” Docter, it’ll, Dawn Chmielewski, Lisa Richwine, Kenneth Li, Jonathan Oatis Organizations: Pixar, Inc, Walt Disney, Universal Studios, DreamWorks, University of Southern, Netflix, Disney, Apple, Relations, Thomson Locations: ANGELES, U.S, Canada, Disney, University of Southern California,
The mixed results saw disappointing debuts from "The Flash" and "Elemental," while "Spider-Man: Across the Spider-Verse" continued to attract ticket buyers. It also fell short of the $67 million debut of fellow DC film "Black Adam" last October. "Audiences have shown in recent months and post-'Endgame' years that they are being more selective about which comic book films are going to earn their box office dollars," he said. Estimates peg the film's debut at $29.5 million, just higher than the $29.1 million "Toy Story," Pixar's first-ever theatrical release, which opened in 1995. Across Friday, Saturday and Sunday of the Father's Day weekend, the domestic box office is expected to tally just under $175 million in receipts.
Persons: Adam, Shawn Robbins, Robbins, Ezra Miller, Mario, Paul Dergarabedian Organizations: Warner Bros, BoxOffice.com, DC, Pixar, DreamWorks, Mario Bros, Comscore, Guardians, Galaxy, Comcast, CNBC Locations: NBCUniversal
The stakes are high as Pixar releases its 27th feature film in theaters this Friday. "Elemental," a romantic immigrant story told through anthropomorphic elements of nature, arrives as Disney is under pressure to prove it hasn't lost its golden touch in animation. The company, which operates both Pixar and Disney Animation, has struggled to drum up ticket sales for its animated fare in recent years. Disney's Pixar studio, in particular, is looking to rebound from the box-office letdown that was "Lightyear." "Animation certainly seems to be going through some winds of change," said Shawn Robbins, chief analyst at BoxOffice.com.
Persons: hasn't, Mario, Shawn Robbins Organizations: Pixar, Disney, Disney Animation, DreamWorks, Mario Bros, Alpha
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