Billion... HAH! Good one. Not with COVID I think. If it did then obviously COVID doesn't affect the rich or decently well off in the slightest. They might as well stream it for free if the release it online.
No matter how well it does on streaming, the studio will also get revenue from markets outside the US, especially in China, where the film is set to open in theaters on September 11.
China, the second biggest movie market in the world, is vital to Disney and "Mulan." The country has been growing into a box-office behemoth for some time. Last year, the Chinese box office represented roughly 22% of the global box office, according to Comscore (SCOR), up from 8% in 2012.
According to the analytics firm Gower Street, China is also the nation closest to rebounding to something approaching pre-pandemic levels, based on its "blueprint to recovery" that requires it to hit various benchmarks.
Notably, China released a genuine blockbuster of its own in August: "The Eight Hundred," from China's CMC Pictures. The war epic grossed more than $100 million in the country on its opening weekend and has accumulated more than $300 million in China thus far, per its distributor, while generating modest numbers in Australia, New Zealand and the US.
afaik studios don't make that much from the chinese market. so even if the chinese release will be succesfull still might not bring it in the black ...
The problem is that right now the relation between China and US (and the West in general) is, let's say, tense.
Mulan is a traditional hero in China. But I don't see Chinese being thrilled about watching a movie about their hero made by the country that is directly competing with them, and that will likely be their enemy in the next war.
Do you imagine Americans watching a movie about George Washington made by Chinese?
Considering how many shows are being invested in by Chinese companies (logos before or during opening scene), I wouldn't be surprised from Hollywood. They'll kowtow to the commies to get that sweet lucrative cash as they've done so in the past.
No.3 is important. I can see why many won't like it here besides maybe China. It literally licks there boots to cater to them. If you need a reminder how far Disney has fallen I suggest watching that South Park episode with Micky Mouse and Winnie The Pooh.
But China is much more sneaky. They're buying shares in American media companies, and eventually they'll own them all.
The difference between China and US is that China is united as a country, and they have a clear goal for the future, buying the media is part of it.
US, on the contrary, has become a playground of ethnic groups that are fighting to be the one that rules (demographics says that Hispanics will be the winning one). There's no unity, there's no goal. Countries with diversity are doomed.
Not true. They're united through fear. Break that down and there will be mass riots all over the country from Tibet to XinJiang to Inner Mongolia to Hong Kong to maybe a few more that I can't think of atm. The whole top left side of China is a powder keg waiting to blow along with the tiny places at the bottom right.
It's not like that. That's what Americans think, that China would follow a more westerner model if it wasn't because of the Evil Communist Party. And it's wrong.
The truth is that the modern Chinese system fits quite well the Chinese hierarchical mind. Given that China is clearly overcoming US, Chinese in general are much happier with their system and don't want a western one. That doesn't mean that they can't have complains about their government, but they complain about a particular government, not about the system.
Of course, HK and Taiwan have a different mindset, but they're a minority compared to mainland China. HK gets a lot of press, but it has 7.5 million people. There's towns in mainland China more populated than that. Regarding the top-left non-Han areas, the same applies: they're barely populated: https://www.china-mike.com/wp-content/uploads/2011/01/china_population_density-map2.jpg
Not too sure on the system, one would have to ask an actual Chinese living there on how they like it. Maybe they like order and think that they need people telling them what to do to succeed. I guess there are people like that out there that have the serf mentality.
Heh, reminds me of Russia, most of everything else is either uninhabitable or unpopulated. Canada too with only 38 million with a landmass similar to the US/China with Russia being the exception.
You're not even buying the movie. If one month, or one year, from now, you wanna watch the movie again, you have to pay again.
Disney needs money pronto. But making the rent fee so high is gonna have the opposite effect: people won't watch it (or they'll download it in internet for free).