Tuesday, December 30, 2008

Disney Dumps Narnia

After a promising start with The Lion, The Witch, and The Wardrobe , the Narnia series did not, it seems, generate enough excitement to keep the Mouse's money.  Disney has announced that they will not be co-financing the third movie in the series--originally planned for seven films--with Walden Films.  Although the first film did well, grossing $745 million, the second floundered in its attempt to match such success.  Some experts have attributed this to the disapproving review by Kevin Crispo published in 90&9 when it was released.  Because of the difficult economic times, several studios are being very selective with which movies they chose to finance.  Disney has decided that the money required for this particular film, $100-$150 million, is just not worth the risk.

 

josh r

1 comment:

Ron Giesecke said...

Thanks for that update. Sad, really.

-R