Disney earnings tomorrow: Here's what to expect
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Forbes
29 minutes ago
- Forbes
Projections: ‘Freakier Friday' To Flush ‘Fantastic Four' At Weekend Box Office
Jamie Lee Curtis and Lindsay Lohan's Freakier Friday is looking to end The Fantastic Four: First Steps' reign at the domestic box office this weekend. Disney and Marvel Studios' superhero tale debuted at No. 1 in its opening weekend with $115.6 million in North American ticket sales from July 25-27 and hung on to the top spot Aug. 1-3 despite a disastrous second weekend. Thanks to an anemic take of $38.6 million in its second frame, The Fantastic Four dropped a staggering 67% in business from its opening weekend. Now, this coming weekend, it appears that another Disney film, the family-friendly comedy Freakier Friday, will deliver the First Family of Superheroes a knockout punch. Freakier Friday is projected by Deadline to earn $30 million in its opening weekend domestically, while The Hollywood Reporter projects the film will open with about $28 million in ticket sales. Casting a much wider net, however, is Box Office Pro, which is projecting Freakier Friday will make $35 million to $45 million in its opening weekend. 'Weapons' Is Also Taking Aim At 'The Fantastic Four' Freakier Friday — the sequel to the 2003 hit Freaky Friday also starring Jamie Lee Curtis and Lindsay Lohan — isn't the only newcomer to the domestic box office this weekend. Warner Bros. horror thriller Weapons, starring Julia Garner and Josh Brolin, is projected by Box Office Pro to earn $25 million to $35 million domestically, which is more in line with Deadline and THR's projections for the film at $30 million and $25 million, respectively. So, where does that leave The Fantastic Four First Steps? Box Office Pro is projecting a $15 million to $20 million third-weekend take for the film, and clearly, their projections for its competitors are loftier than Deadline and THR. The latter two, in fact, didn't even mention The Fantastic Four in its conversation as to where it will end up financially in its third frame. No matter where The Fantastic Four ends up by Sunday, exectives at Disney and Marvel will no doubt be doing some soul searching — if they haven't already been — about how the film that was so adored by critics and big with audiences in its opening weekend fell so far so fast. One thing's for certain: Marvel Studios will be navigating some shaky ground in the coming year and a half trying to figure out how to get the Marvel Cinematic Universe back on course after its third box office disappointment of 2025. After all, Fantastic Four is the film meant to set up the return of Robert Downey Jr. to the MCU with Avengers: Doomsday, which is currently scheduled for a Dec. 18, 2026, release.
Yahoo
2 hours ago
- Yahoo
Fantastic Four 2 Update Reveals Likely Director for MCU Sequel
A new report from Jeff Sneider of The InSneider suggests that Disney has likely already found the director for The Fantastic Four 2, and has high hopes for the sequel. Who is potentially directing The Fantastic Four 2? According to Sneider, Matt Shakman — the director of the first film and the MCU miniseries WandaVision — is 'likely' to return to direct a sequel. As for the film's box office, Sneider mentions that, although the film hasn't been performed incredibly, Marvel execs believe the sequel will perform better after The Fantastic Four are shown off more in the next two Avengers movies, Avengers: Doomsday and Avenges: Secret Wars. Sneider's report comes after Disney CEO Bob Iger also praised The Fantastic Four: First Steps, saying the movie 'successfully launched' an important franchise into the MCU, even if it didn't make the same amount of money a project like Avengers might. In its second weekend, The Fantastic Four: First Steps took a 66% drop, a surprisingly high mark for a film that is praised by both critics and audiences. Following its latest drop, it's likely First Steps will come in under Superman, the DCU film that launched a week prior. 'Set against the vibrant backdrop of a 1960s-inspired, retro-futuristic world, Marvel Studios' The Fantastic Four: First Steps introduces Marvel's First Family—Reed Richards/Mister Fantastic, Sue Storm/Invisible Woman, Johnny Storm/Human Torch and Ben Grimm/The Thing as they face their most daunting challenge yet,' the official synopsis for the movie reads. Kevin Feige serves as a producer on the project, while executive producers include Louis D'Esposito, Grant Curtis, and Tim Lewis. Mitch Bell is a co-producer, while the music comes from Michael Giacchino. The Fantastic Four: First Steps will be released in United States theaters on July 25, 2025. It has been confirmed that Pascal, Kirby, Quinn, and Moss-Bachrach will all return for Avengers: Doomsday, which arrives in December 2026. The Fantastic Four: First Steps is available in theaters now. Solve the daily Crossword
CNBC
2 hours ago
- CNBC
DraftKings CEO says gambling tax provision in Trump's megabill 'doesn't make sense'
In a Wednesday interview with CNBC's Jim Cramer, DraftKings CEO Jason Robins questioned a new tax provision related to gambling in President Donald Trump's megabill, calling it a "very strange change." "I do think it's something that doesn't makes sense," he said. "If you can't deduct all your losses, you know, how does that make sense that you pay income tax on something that's not actually income." Preciously, gamblers could deduct all their losses from their winnings so that they are only paying taxes on net winnings. But the new rule makes it so that gamblers can only deduct 90% of their losses from their winnings. For example, if someone wins $1,000 but also loses $1,000, they would only be able to deduct $900 and would have to pay taxes on $100 of winnings. Robins said he believes the change was made as part of a "technicality" to follow the Byrd rule, which bans "extraneous" matters — usually anything unrelated to federal revenue or spending — in the budget reconciliation process. He said there has been some "appetite" to change the new provision, adding that DraftKings is working with members of Congress to do so. DraftKings posted a strong quarter Wednesday after close, and shares jumped more than 3% in extended trading. The sports betting company said this quarter set revenue, net income and EBITDA records, with management attributing the success to "continued healthy customer engagement, efficient acquisition of new customers, higher structural Sportsbook hold percentage, and sportsbook-friendly outcomes." Robins offered a sanguine outlook on widespread legalization of sports betting, saying he thinks progress has been made across the board. He suggested the practice will eventually be allowed in most states, including large markets like California and Texas. Online sports betting is currently legal in 34 states, according to the latest information on the American Gaming Association website. "I can't imagine a world where you can, you know, bet in 30, 40 plus states, and California is not one of them, and Texas is not one of them," Robins said. Click here to download Jim Cramer's Guide to Investing at no cost to help you build long-term wealth and invest
