Here's Why Disney's Recent Box Office Bombs Really Shouldn't Matter Much to Investors

It's been a rough past few months for Walt Disney's (NYSE: DIS) film business. For instance, while February's release of Captain America: Brave New World produced a respectable $414 million in ticket sales, that's far from the billion-dollar box office that many Marvel movies have generated. Some fear that result was an indication of action-movie fatigue, which could prove devastating to a studio that also owns the Star Wars franchise.Then there was March's disastrous release of Snow White. Although the live-action remake of the beloved 1937 animated film was ballyhooed and well-promoted, its $200 million worldwide take doesn't even cover the studio's estimated cost to make the movie. It would also be naïve to pretend this particular film's weak showing wasn't in part a reflection of a larger shift in the sociocultural dynamic that may not abate anytime soon.Walt Disney shareholders have seemingly paid the price for its film unit's recent struggles. Shortly after shares' mid-November post-earnings surge, the sellers went back to work and didn't let up until they had dragged Disney stock to a new multimonth low in April. Shares have partially bounced back since then, but a prolonged recovery remains in doubt. The market may be waiting for whatever clarity the company's upcoming quarterly earnings report might offer.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool