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Disney’s ‘Moana’ Flops, Casting Doubt on Live‑Action Formula

New York Times Business •
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Disney’s live‑action remake of “Moana” opened with a “$43 million” North American haul, the weakest debut among the studio’s recent reboots. The figure falls short of the “Snow White” 2025 launch at “$42 million” and the original 2016 animated film’s “$56.6 million” opening.

The shortfall is stark against the backdrop of other Disney live‑action successes. “The Lion King” (2019) earned “$191.8 million”, while the 2024 animated sequel “Moana 2” opened to “$225 million”. In contrast, the “Moana” remake carries a “$250 million” production bill, underscoring a steep risk‑reward gap.

One factor is timing. The remake arrived only “10 years” after the original, versus the 20‑ to 25‑year sweet spot that has historically driven nostalgia‑led demand. Critics also noted the film’s thin differentiation from the 2016 source.

For investors, the result signals that Disney’s live‑action strategy may need tighter project curation. The industry sees a potential shift for theaters, with the franchise’s poor start adding to a trend of under‑performing summer blockbusters. Continued scrutiny will shape future green‑lighting and budgeting decisions for the studio.