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COVID19 definitely speed up the inevitable. Things have been slowly headed this way for years now, but the pandemic may have just skipped about a decade's worth of slow progression and jumped right to the end. Time will tell.

Looks like the 260 million was erroneous and the actual PVOD sales were between 70 and 90 million (see link). Adding a box office of approximately 67 million so far), then Mulan has failed to even make back its budget of 200 million, let alone turn a profit. So in a head-to-head, Tenet is the "winner" since it at least made back its budget, but neither film is even close to turning a profit.


https://www.theatlantic.com/culture/archive/2020/09/mulan-box-office-pandemic/616433/

Right now

Mulan, $64M worldwide
https://www.boxofficemojo.com/title/tt4566758

Tenet, $284M worldwide.
https://www.boxofficemojo.com/title/tt6723592

Both flopped, but Mulan flopped hard. The clear winner is Tenet.

Of course, Disney can "leak" that they made $260M with Mulan. Or $2,600M. Or $26,000M, why not? After all, they're free to "leak" whatever amount they want. The confirmed income, though, it's much lower.