Economy Stock

Disney’s ‘Mulan’ Underwhelms On Chinese Debut

(CNBC) – Walt Disney Co’s DIS 1.03% Mulan is struggling at the box office in China and managed to scour amid calls for a boycott and a string of poor reviews, CNBC reported Sunday.

What Happened: At the end of the three-day weekend in China, the Liu Yifei starrer bagged just over $23 million, lower than the $30 million AT&T Inc T 0.31%-owned studio Warner Bros Studio’s “Tenet” “raked in its opening weekend a week earlier, according to CNBC.

Advertisements

Local war epic “The Eight Hundred” bagged $83 million during its debut weekend last month.

While 91% of cinemas were reportedly open in China over the three-day weekend, the seating was capped at 50% at the majority of the theaters.

“China was supposed to be the savior for this film, now it will rest on the success of premium video on-demand on Disney+,” Jeff Bock senior analyst at Exhibitor Relations, a market intelligence firm, told CNBC.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s