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Wishful thinking: Disney's latest release wasn't the hit it'd hoped

Wishful thinking: Disney's latest release wasn't the hit it'd hoped

Wishful thinking

Despite going into the holiday period as many people’s favorite for the top spot this Thanksgiving, Disney’s Wish was beaten out by the fifth installment of the Hunger Games franchise, which was in its 2nd week, as well as Ridley Scott’s newly-released Napoleon — another disappointing upset for the House of Mouse.

‍**Wish** mustered just $31.7 million over the 5-day Thanksgiving period (Wed-Sun), way down from its $45-50 million pre-release projections. That performance compounds a rough patch for Disney, which has been used to dominating the holiday box office in the past, producing 7 of the 10 highest-grossing Thanksgiving debuts of all time, according to data from The Numbers.

Fall flicks fall

Trips to the theater have become as much of a Thanksgiving tradition in some US households as carving up turkey or arguing with the in-laws. However, box office takings have sagged since Covid, with this year’s total estimated figure at $172 million, down 35% since 2019 — consistent with the wider malaise on the big screen, which is still yet to reach its pre-pandemic heights.

Although Disney's 2018 effort Ralph Breaks The Internet may hold the record for the top-grossing Thanksgiving weekend release of all time, the biggest-earning Thanksgiving-themed flick is actually Adam Sandler’s Jack & Jill, which, despite winning just a 3% approval rating from critics on Rotten Tomatoes, takes that particular accolade.

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Luke Kawa

Thieves are targeting “Pokémon” cards in robberies since they’ve skyrocketed in value

A real-life mishmash of different Team Rocket wannabes is having a lot more success thieving “Pokémon” cards than Jessie and James ever did in their attempts to pilfer Pikachu throughout the anime series.

The Washington Post reports on a string of DC-area heists of “Pokémon” cards, with CGC Cards Vice President Matt Quinn quoted as saying, “Any time you’re carrying around collectibles that are worth money, whether it be gold bars, Pokémon cards, coins, toy trains, or whatever it might be, you have to be vigilant with knowing that you’re carrying collectibles that can be easily stolen from you,” adding that these episodes are happening across the country.

Gotta thieve ’em all is an outgrowth of the massive boom in the value of “Pokémon” cards, with The Wall Street Journal reporting on 3,000% returns earlier this year. Their meteoric rise has been a big boon to GameStop, whose collectibles business has played a critical role in the stabilization and nascent turnaround of its operations.

Both individual cards and unopened packs have been targeted in robberies of stores and personal residences, per the Post report.

Stealing unopened packs of “Pokémon” cards is effectively thieving and buying call options at the same time: an individual pack might not be worth much on its own, but the most valuable cards in the recently released Mega Evolutions set are going for over $1,000. And at about 23 grams per pack and relative differences in security, the logistics seem a lot less onerous than trying to rob a gold dealer.

(Note: I don’t know for sure. I’m not a thief, besides that Klondike bar one time in high school.)

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iHeartMedia surges on report Netflix, competing with YouTube, wants its video podcasts

Video podcasts are becoming a key part of Netflix’s efforts to keep pace closely behind YouTube in the streaming wars.

According to reporting by Bloomberg, the streamer is in talks to exclusively license video pods from iHeartMedia. Shares of IHRT surged on Tuesday morning.

Under the deal, iHeartMedia, which produces shows like “Las Culturistas,” “The Breakfast Club,” and “Jay Shetty Podcast,” would reportedly stop posting full episodes on YouTube — the site that more than a billion people use to watch podcasts every month.

Netflix made a similar deal with Spotify last month and will begin streaming 16 video podcasts produced by Spotify Studios early next year.

According to the Nielsen Gauge, YouTube pulled in 12.6% of all TV viewership in September, compared to 8.3% for Netflix.

Under the deal, iHeartMedia, which produces shows like “Las Culturistas,” “The Breakfast Club,” and “Jay Shetty Podcast,” would reportedly stop posting full episodes on YouTube — the site that more than a billion people use to watch podcasts every month.

Netflix made a similar deal with Spotify last month and will begin streaming 16 video podcasts produced by Spotify Studios early next year.

According to the Nielsen Gauge, YouTube pulled in 12.6% of all TV viewership in September, compared to 8.3% for Netflix.

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