Disney’s Top 2020 Oscar Prospects Come Through Its $71 Billion Fox Acquisition. Investors Prefer Its Box Office Dominance.

  • 📰 Forbes
  • ⏱ Reading Time:
  • 65 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 29%
  • Publisher: 53%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Walt Disney set a box office record last year with blockbusters like 'Avengers: Endgame,' 'The Lion King,' and 'Frozen 2'—none of which are in the mix for top awards at this year’s Oscars. Its top contender: 'Jojo Rabbit'

none of which are in the running for a Best Picture award at this year’s Oscars. Its top contender: a small-budget film depicting a wacky Adolf Hitler that it acquired along with the rest of the Fox entertainment business in 2019.a story about a 10-year-old nationalist with a close relationship with his imaginary friend—Der Führer—who finds out his mother is hiding a Jew in their attic.

Hollywood observers questioned whether Disney would have an appetite for art-house fare, given Walt Disney Studios co-chairman Alan Horn’s success in building lucrative cinematic franchises, including theCEO Bob Iger told the industry tradeand Wall Street he had no plans to change Searchlight Pictures—aside from dropping the “Fox” from its name earlier this year—which has racked up multiple Best Picture awards, includingStill, industry insiders say next year will be a true barometer of Disney’s...

Investors, who have pushed Disney stock up almost 30% in the past 12 months, are more likely to be dazzled by the studio’s box office. Disney commanded a 26% share of the global box office, with a record $11.12 billion in ticket sales, according to the measurement firm Comscore. The next closest studio, Warner Bros., brought in $4.4 billion.

For the moment, at least, the signs are looking positive for Searchlight. Co-chairs Stephen Gilula and Nancy Utley told an industry crowd at the BFI London Film Festival thatposed a test for the studio’s new corporate parent, and its senior executives, Iger, Horn and studio co-chairman Alan Bergman. “I didn’t know what they were going to say about our Nazi satire, but they really appreciated it and the message,” said Utley.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 394. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

The Oscar nominations completely suck. Not even a good movie amongst them.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

These are the 15 buzziest cannabis startups to bet on in 2020, according to top investors - Business InsiderWe asked 15 of the top funds investing in cannabis to name their best picks for startups in 2020. Here's who they picked and why.
Source: BusinessInsider - 🏆 729. / 51 Read more »

These are the 15 buzziest cannabis startups to bet on in 2020, according to top investors - Business InsiderThese are the 15 buzziest cannabis startups to bet on in 2020, according to top investors 😆😆 4 20
Source: BusinessInsider - 🏆 729. / 51 Read more »

Tesla stock rally echoes dot-com bubble speculation: top fund manager - Business InsiderAn investor crushing 98% of his peers told us why Tesla's meteoric rise echoes the dot-com bubble era — and warns it's super-dangerous to buy now I Will believe him when he shows us proof that he is shorting Tesla by at least 1 million dollars
Source: BusinessInsider - 🏆 729. / 51 Read more »