Bob Iger, CEO, The Walt Disney Company appears at the Disney Entertainment Showcase at D23: The Ultimate Disney Fan Event in Anaheim, California on August 09, 2024.
Araya Doheny | Getty Images Entertainment | Getty Images
When Disney CEO Bob Iger stepped onto the stage at the Honda Center in Anaheim, California on Friday night, the crowd erupted. Some 12,000 Disney fans rose to their feet and cheered, leaving the 73 year-old executive grinning wide as he tried to quiet them back down.
“I was going to say good evening and thank you for that warm welcome, but that was more than a warm welcome,” Iger said to those gathered for Disney’s first showcase at its biannual D23 Expo.
It’s the first time in five years that Iger has attended the exposition event for Disney’s biggest fans, as he briefly retired from his position as chief executive for nearly two years before returning to the helm in November 2022.
His absence coincided with a downturn in Disney’s theatrical business which, like other studios was disrupted by pandemic shutdowns and dual Hollywood labor strikes. Yet, the company’s post-pandemic box office was also beset by executive decisions to increase content production to pad its fledgling streaming service Disney+. Iger himself has admitted on numerous occasions that Disney sacrificed quality for quantity and it was his goal upon returning to right the ship.
On Friday, he opened an explosive — sometimes literally, as Disney loves to use pyrotechnics — three-hour long presentation that detailed a host of theatrical films, television series and stage productions coming over the next few years.
As the company seeks to rebuild its reputation and recapture magic at the box office, it is relying heavily on existing, and beloved, franchises. And, when it does venture into new territory, it is tapping tried-and-true talent in front of and behind the camera.
Revisiting old favorites
Its latest Pixar film, “Inside Out 2,” is now the highest-grossing animated film of all time, topping $1.5 billion at the global box office. Its first R-rated Marvel Cinematic Universe flick — “Deadpool & Wolverine” — broke opening weekend records for an R-rated film and is set to surpass the $1 billion mark as early as this weekend.
To open Friday’s entertainment showcase, Auli’i Cravalho and Dwayne Johnson joined a crew of Polynesian dancers and drummers to perform a song from the upcoming “Moana 2.” The hotly anticipated sequel to 2016′s “Moana” arrives in theaters during the Thanksgiving holiday and is expected to become Disney’s third billion-dollar film released in 2024, according to box office analysts.
While the first film generated a little less than $700 million at the global box office, audience fervor for more “Moana” content is expected to drive high ticket sales in November. After all, it was the most streamed film of 2023.
H/O: Moana 2 Movie Stills from teaser.
Courtesy: Walt Disney Studios
Sequels and prequels are a theme for Disney, and across the board in Hollywood. While Iger has cautioned investors in the past that the company will be more selective about which past stories it continues to explore, its entertainment showcase featured numerous additions to popular franchises.
This was particularly apparent at both of its animation studios. Of the seven theatrical titles Disney touted during Friday’s presentation, five were from existing franchises — “Moana 2,” “Toy Story 5,” “Zootopia 2,” “Frozen III” and “Incredibles 3.”
It’s no surprise Disney is going back to the well with these films. The Toy Story franchise has generated $3.2 billion at the global box office, the two Frozen films surpassed $2.7 billion worldwide, the two Incredibles films tallied $1.8 billion globally and “Zootopia” reached $1 billion worldwide during its run in 2016.
Fans were given glimpses of the two original titles coming from Disney — “Elio” and “Hoppers” — which had two drastically different tones. One follows a young boy to outer space as he is mistaken for the leader of Earth the other centers on a young girl who “hops” into the body of a robotic beaver in order to go undercover in the animal world.
Of course, there’s some star power behind these titles. “Elio” is directed by Adrian Molina, who co-wrote 2017’s “Coco” and will feature Zoe Saldana (“Avatar,” “Guardians of the Galaxy”) as part of the voice cast. “Hoppers” has Jon Hamm (“Mad Men”) and Bobby Moynihan (“Saturday Night Live”) voicing characters.
It’s clear that Disney’s strategy across all of its studios is to provide audiences with a selection of familiar favorites alongside a handful of new entrants.
At Lucasfilm, its first Star Wars feature film since 2019’s “The Rise of Skywalker” arrives in 2026 and is titled “The Mandalorian and Grogu.” The flick will follow the much beloved duo from “The Mandalorian.” Footage from Friday’s panel showed Mando and Grogu on an icy planet battling stormtroopers and AT-ATs.
The Mandalorian and the Child (Grogu) on Disney+’s “The Mandalorian.”
Disney
Lucasfilm is also set to release the second season of “Andor,” a series that takes place before “Rogue One: A Star Wars Story” and follows the reluctant hero Cassian Andor as he traverses a world choked by the Galactic Empire.
Amidst these popular stories also comes “Skeleton Crew,” which as been billed as a “Goonies”-like adventure series. It stars Jude Law alongside a cast of four kids who accidentally jettison themselves off into space and get lost in the stars.
There are two more Star Wars feature films on the calendar — dated December 2026 and December 2027 — but it is unclear who will direct them or what storyline Disney will center upon. Star Wars remains one of the top franchises at the global box office having generated more than $10 billion in ticket sales since 1977’s “A New Hope” hit theaters.
Other sequels coming to the big screen from Disney in the coming years also include the third Avatar film titled “Avatar: Fire and Ash,” a “Freaky Friday” sequel called “Freakier Friday” and a third “Tron” film called “Tron: Ares.” There will also be a live-action remake of “Snow White” hitting theaters in March and a “Lilo and Stitch” live-action film coming later in 2025.