Industry anaylsts fearful of 'Maleficent' box office
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Disney’s dark fantasy film, “Maleficent,” starring Angelina Jolie as the title villainess, may be too dark and scary to be profitable, one Wall Street analyst wrote in a report on Monday.
The $130-million-budget movie, which tells the “Sleeping Beauty” tale from the perspective of the evil Maleficent, is set to debut May 30 and will likely result in Disney being forced into a write-down, Wells Fargo’s Marci Ryvicker wrote in a report.
“[E]xpectations for a ‘Maleficent’ write-off seem relatively widespread,” she wrote.
With more than eight weeks to go before “Maleficent” unspools, few on Wall Street are ready to take such a bold stance.
“It’s definitely in the ‘not a sure thing’ bucket,” a second analyst said of the re-imagined fairy tale. RBC Capital’s David Bank is penciling in a total US haul of $150 million.
The movie is probably amazing, I have no doubts. It's a Classic Disney movie for adults, everyone grew up on Disney movies so everyone should be interested.
