The end of tentpole producer Jerry Bruckheimer’s first look deal was not about the staggering loss from Lone Ranger, the producer and Disney told Hollywood Reporter. Rather it seems that Disney has too big a pipeline of tentpoles based on its own properties, including Marvel, Star Wars, Disney, and Pixar. "The Lone Ranger certainly didn’t help things, but we all have our wins and our losses, and this is an overall thing related to the company’s supply of projects from all these other places," Walt Disney Studios Chairman Alan Horn told THR.
Disney recently told shareholders that it expects to lose up to $190 million from the Bruckheimer-produced The Lone Ranger (see "Disney to Lose Up to $190 Million on 'The Lone Ranger'"), the biggest loser in a summer with a lot of big movies that weren’t successful (see "Few Winners at the Summer Box Office"). So by splitting up with Bruckheimer, Disney can bring its total slate of big movies down, leaving more space for its own titles.
In addition to eliminating its pipeline of films from Bruckheimer by ending their first look deal, Disney also appears to be slowing its pipeline of existing films. It recently took the next Pirates of the Caribbean, from what may be Bruckheimer’s biggest franchise, off the 2015 schedule without offering a new date (see "Tuesday Geek Movie Rundown"). And just last week, Disney moved its next Pixar release from 2014 to 2015 (see "Animation Gap in 2014").
Bruckheimer did tell THR that he’ll continue to have films in development at Disney, but no word on specific projects, such as IDW’s World Wide Robots (see "IDW's Ted Adams on Media Projects").
Not about 'The Lone Ranger'
Posted by ICv2 on September 24, 2013 @ 2:10 am CT
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