Disney's $180M animated movie bombs at box office amid CEO shake-up - Fox Business

As "Black Panther: Wakanda Forever" continued to apical the box office implicit the Thanksgiving vacation – earning $63 cardinal implicit a five-day play -- a caller Disney movie tanked astatine $4.2 cardinal connected Wednesday. 

The animated movie, "Strange World" boasted a fund of $180 million, arsenic the disappointing results – implicit a five-day play -- totaled conscionable $24 million, according to Variety.

The plummeting container bureau results of Disney’s "Strange World" comes connected the heels of the announcement of Bob Iger returning arsenic main enforcement of the Walt Disney Company aft little than a twelvemonth successful retirement. 

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The company's committee announced Iger's shocking instrumentality Sunday nighttime and said Bob Chapek, who succeeded Iger successful 2020, had stepped down from the position.

This representation released by Disney shows a country from the animated movie "Strange World." (Disney via AP) (AP / AP Images)

"The Board has concluded that arsenic Disney embarks connected an progressively analyzable play of manufacture transformation, Bob Iger is uniquely situated to pb the Company done this pivotal period," committee Chair Susan Arnold said successful a statement.

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The plummeting container bureau results of Disney’s "Strange World" comes connected the heels of the announcement of Bob Iger returning arsenic main enforcement of the Walt Disney Company aft little than a twelvemonth successful retirement.  (Photo by Charley Gallay/Getty Images for Disney / Getty Images)

Meanwhile, "Strange World" is considered to fertile poorly compared to different Disney animated films, specified arsenic the fashionable household movie "Encanto."

The company's committee announced Iger's shocking instrumentality and said Bob Chapek, who succeeded Iger successful 2020, had stepped down from the position. (Reuters/Brendan McDermid / Reuters Photos)

In 2021 implicit the Thanksgiving holiday, "Encanto" raked successful $40.3 million, according to the media outlet.

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"Strange World" follows a household of explorers whose differences enactment them astatine hazard during a captious ngo into tumultuous territory.

Directed by Don Hall and composed by Henry Jackman, the star-studded formed includes Jake Gyllenhaal, Dennis Quaid and Lucy Liu. 

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Other recently released flicks that ranked successful the container bureau implicit the Thanksgiving vacation is Sony and Black Label Media’s "Devotion," an inspirational play focused connected 2 US Navy combatant pilots, which grossed $1.8 million. 

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"The Fabelmans," directed by Steven Spielberg is slated to gain astir $3 million, portion Warner Bros. and DC’s "Black Adam" is expected to gross $4 cardinal implicit the holiday.

FOX Business' Landon Mion contributed to this report.