‘Moana’ Capsizes With $95M WW Opening; Dwayne Johnson Pic Poised To Lose $100M-$125M: Here’s Why

Disney's much-anticipated live-action remake of "Moana" flopped with a disappointing $95 million worldwide opening, signaling potential trouble for the studio's future releases. This follows a trend of underwhelming performances from high-profile projects like Dwayne Johnson's "Red Notice," which is projected to lose between $100 million to $125 million. The poor box office results come amid a broader concern about Disney's strategy post-pandemic, especially after the mixed success of the Marvel Cinematic Universe on Disney+. This could mean Disney needs to rethink its approach to big-budget remakes and blockbusters to avoid further financial losses.