Disney is working on a plan to address superhero fatigue and revitalize the MCU. However, there is a crucial issue that the studio needs to tackle. The MCU is currently facing challenges, coming off a major box office disappointment with The Marvels and receiving mixed to poor reviews for recent projects like Secret Invasion and Ant-Man and the Wasp: Quantumania. Disney CEO Bob Iger, speaking at a conference hosted by Morgan Stanley, pointed out that the real problem is not superhero fatigue but rather mediocrity fatigue.
Iger's observation holds truth. In 2023, audiences showed less interest in superhero movies compared to previous years, opting instead for films with better reviews such as Barbie and Oppenheimer. Dune: Part 2 is a prime example of a movie that garnered high praise from both critics and viewers, performing strongly during its opening weekend. While Iger's approach to improving Marvel's future is on the right track, he failed to address a significant issue that many studios may be hesitant to acknowledge.
Disney's Plans Don't Address Inflating Superhero Movie Budgets
Natasha Romanoff in the ruins of the Red Room in Black Widow - Disney's Plans Don't Address Inflating Superhero Movie Budgets
Marvel Film | Budget | Worldwide Box Office |
---|---|---|
Black Widow | $288.5 million | $379.8 million |
Shang-Chi and the Legend of the Ten Rings | $150-200 million | $432.2 million |
Eternals | $236.2 million | $401.7 million |
Spider-Man: No Way Home | $200 million | $1.9 billion |
Doctor Strange in the Multiverse of Madness | $294.5 million | $955.8 million |
Thor: Love and Thunder | $250 million | $760.9 million |
Black Panther: Wakanda Forever | $200-250 million | $859.2 million |
Ant-Man and the Wasp: Quantumania | $275 million | $476.1 million |
Guardians of the Galaxy Vol. 3 | $250 million | $845.6 million |
The Marvels | $274.8 million | $206.1 million |
One issue not brought up by Iger is the increasing budgets of recent MCU and superhero movies. Many of these films now cost $200 million or more to produce, making it challenging for them to turn a profit, even if they do well at the box office. For instance, Aquaman and the Lost Kingdom earned $434 million globally, but with a budget of $215 million, it barely made a profit.
Audiences Are Tired Of Mediocre Superhero Movies, But Not The Genre Overall
If Disney wants its blockbusters to be successful, it needs to find a way to make great MCU movies while keeping the budget under control. Of course, how to tackle that is another question. Audiences expect spectacle, so toning down special effects budgets (and already-hurting field of work) seems risky. However, telling more street-level stories could help keep finances in check.
Ezra Miller's Barry Allen generating lightning in The Flash - Audiences Are Tired Of Mediocre Superhero Movies, But Not The Genre Overall
The 2023 box office saw several superhero films failing to impress audiences. Movies like The Flash, The Marvels, Shazam: Fury of the Gods, Quantumania, and Blue Beetle received average reviews at best. This led to a lack of enthusiasm among viewers, who may have chosen to skip these mediocre superhero movies. Word of mouth can greatly impact the success of a film, and it seems like audiences were not willing to invest their time and money in these underwhelming superhero flicks.
Superhero Films Still a Hit with Audiences
Despite some doubts, superhero films continue to draw in audiences and receive positive reviews from critics. Both Guardians of the Galaxy Vol. 3 and Spider-Man: Across the Spider-Verse did well at the box office, demonstrating that there is still a strong interest in top-notch superhero blockbusters. These movies are part of successful franchises, which helps build trust with viewers. A recent example of the genre's popularity is the record-breaking 365 million trailer views in 24 hours for Deadpool & Wolverine, showing that people still crave high-quality films within their favorite superhero universes, whether it's the MCU or beyond.
Editor's P/S:
As a keen observer of the entertainment industry, I am intrigued by Disney's plans to revitalize the Marvel Cinematic Universe (MCU). CEO Bob Iger's candid acknowledgment of "mediocrity fatigue" highlights a crucial aspect that has plagued recent MCU projects. While Iger's approach focuses on improving storytelling and character development, the article also raises the pressing issue of inflating superhero movie budgets.
The soaring costs of producing these blockbusters pose a significant challenge, especially in the face of diminishing audience interest in mediocre offerings. Studios must find innovative ways to balance spectacle with financial constraints, perhaps by exploring smaller-scale, street-level stories. By addressing both mediocre content and unsustainable budgets, Disney can effectively address the core issues facing the MCU and pave the way for a resurgence of captivating and profitable superhero films.