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

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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.

 

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

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