Was Atlantis a Disney flop?
Was Atlantis a Disney flop? The same summer, Disney released Atlantis: The Lost Empire a traditionally animated movie with elements of CGI that told the story of the lost city of Atlantis, its rediscovery, and its return to glory. The movie quietly bombed at the box office making $185 million against its budget of $90-120 million.
Is Disney losing money 2023?
The Walt Disney Company Reports Third Quarter and Nine Months Earnings for Fiscal 2023. BURBANK, Calif. —The Walt Disney Company (NYSE: DIS) today reported earnings for its third quarter and nine months ended July 1, 2023. Revenues for the quarter and nine months grew 4% and 8%, respectively.