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Tonight, Walt Disney releases its newest feature film in theaters…
Credit: Disney
Indiana Jones and the Dial of Destiny (2023)
There has been a lot of coverage in the entertainment news about this upcoming Indiana Jones movie. But it seems to have less to do with interest in the film or franchise and more about whether or not it will continue Disney’s trend of box office bombs. On the heels of Walt Disney Studios releasing a series of films over the past year that either lost money or barely broke even, Indiana Jones and the Dial of Destiny (2023) doesn’t seem to be expected to do much better.
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It suffers from a significant issue that plagues many new films in Hollywood – especially Disney movies: an over-bloated budget.
Indiana Jones and the Dial of Destiny (2023) cost about $300 million to produce – making it one of the most expensive films ever made. And keep in mind that figure does not include its marketing budget, potentially adding another $250 million. When all is said and done, after movie theaters take their cut from ticket prices – it’s estimated that Indiana Jones and the Dial of Destiny (2023) needs to make at least $750 million to break even.
Credit: Disney
Another Disney Flop?
The movie is expected to earn between $60 and $65 million domestically this upcoming holiday weekend and another $80 million overseas for a worldwide release of $140 million. But as common with many movies, interest, and sales quickly fall after the first week. Sometimes there are exceptions in the case of Top Gun: Maverick (2022). But the new Indiana Jones film is not expected to have the same hype, positive reviews, or positive word of mouth. So it seems very likely the movie may only pull in $500 million of the $750 million it needs to break even.
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There’s also an issue with the movie’s core demographic. Classic fans of Indiana Jones are not the primary audience that Hollywood typically goes for. Younger demographics may flock to the theaters to see Star Wars or Marvel movies but have a different level of interest in the Indiana Jones franchise. It also doesn’t help that Harrison Ford hasn’t been a Hollywood leading man in decades.
Credit: LucasFilm
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Since this upcoming weekend is a holiday – and in some parts of the country, a four-day weekend, it’s possible that anything can happen. But it seems much more likely that Indiana Jones and the Dial of Destiny (2023) will meet the same fate as Ant-Man and the Wasp: Quantumania (2023), Lightyear (2022), and Strange World (2022).
Credit: Disney
However, for any interested in the movie that comes out this weekend, it follows the fedora-wearing archeologist and his goddaughter searching for a unique artifact that can alter time. In addition to Harrison Ford reprising his role as Indiana Jones, the movie stars Phoebe Waller-Bridge as Helena Shaw, Mads Mikkelsen as Jürgen Voller, Antonio Banderas as Renaldo, and John Rhys Davies as Sallah.
