Indiana Jones 5 Lost $130 Million For Disney

Summary

Disney's budget took a $134.2 million hit from the failed Indiana Jones film, falling short of expectations.
Production costs exceeded box office earnings, with additional expenses for VFX and filming in the UK.
Streaming on Disney Plus impacted DVD sales revenue, adding to the financial setback for Disney.

Disney's budget took a significant hit with the failure of the latest Indiana Jones installment, failing to recoup its costs and achieve box office success. It is reported that the company is now grappling with a loss exceeding $130 million.

Last year saw the release of Indiana Jones and the Dial of Destiny, the fifth installment of the beloved franchise. Anticipation had been high for years leading up to its release, with expectations for it to be a major success. However, the film fell short of the pre-established standards, resulting in a substantial financial loss for Disney.

indiana jones throughout the years from raiders of the lost ark to dial of destiny

All Indiana Jones Movie, Ranked

With Indiana Jones hanging up the hat and whip in Indiana Jones and the Dial of Destiny, it's time to rank all 5 of his cinematic adventures.

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By Jake Fillery

According to Forbes, Disney's recent financial statements reveal a $134.2 million hit to their budget due to the film. The production and development of the movie reportedly cost $387.2 million. Despite its release in June 2023, the film unexpectedly fell short of expectations, earning only around $192 million.

Disney's financial setback extended beyond box office figures due to additional production costs. Disney filmed parts of a new Indiana Jones movie in the UK, reportedly receiving $58.3 million from the country, but spending $308.2 million by April 2022, when filming ended. As Harrison Ford, aged 78 during filming, required digital de-ageing, Disney's VFX division spent an additional $79 million. Financial statements released in April 2023, three months before the movie's release, showed Disney's subsidiary receiving $2.7 million, reducing net spending to $326.2 million. Subtracting this from Disney's $192 million box office share indicates a loss of $134.2 million.

However, Disney faces further challenges as streaming on Disney Plus reduces traditional DVD or Blu-Ray sales revenue, which would have been a benefit for them. The statements do not detail marketing costs, and the studio earns additional revenue from merchandise sales. The film's staggering budget, compared to its prequel, Indiana Jones and the Kingdom of the Crystal Skull, which cost only 49% of this one, amplifies the devastating outcome, especially given the criticism the prequel received.

Anticipation had been steadily mounting for the latest, and probably the last, chapter of the Indiana Jones saga in the lead-up to its release. Harrison Ford's return to the iconic role after retirement only fueled the excitement further. The film boasted an impressive cast including Mads Mikkelsen, Phoebe Waller-Bridge, and Antonio Banderas. However, Dial of Destiny f aced severe criticism from film critics and disappointed fans, reflected in its 70% score on Rotten Tomatoes and an audience rating of 88%.