Disney Smashes Wall Street’s Q1 Estimates, Paced By Media Networks And Parks

The studio film slate turned in a so-so quarter, with Mary Poppins Returns collecting $329M worldwide to date and Ralph Breaks the Internet racking up $487 million. Revenue in the studio unit fell 27% to $1.8 billion.
If recent quarters are any indication, Disney is apt to sprinkle some news about its streaming slate into the first half of its conference call with analysts. Disney+, the highly anticipated subscription streaming offering, is slated to launch before the end of the year.
Disney smashed Wall Street estimates with results for its fiscal first quarter, with diluted earnings per share hitting $1.86, a full 31 cents above expectations.
Media Networks and Parks and Resorts set the pace with solid single-digit revenue gains.
Total revenue of $15.3 billion trumped consensus estimates of $15.18 billion.
Disney shares closed the regular trading session at $112.61 a share, up a bit less than 1%. They moved higher after hours on the results.” />
Regulators in Brazil are the main holdouts at this point, with recent press reports out of the region suggesting a verdict could still take a few more weeks to arrive. The companies have said they expect the $71.3 billion transaction to close during the first half of the year. The earnings report could be the last full quarter of results before Disney closes its acquisition of most of 21st Century Fox, which will report its quarterly earnings tomorrow morning.
In the earnings press release, CEO Bob Iger called the ramp-up of Disney+ "our top priority, and we continue to invest in exceptional content and innovative technology to drive our success in this space."

Sandy Powell Balances History & Stylization With Costumes For ‘The Favourite’ And ‘Mary Poppins Returns’

I think when you're in the thick of something, you run up to this pitch, and actually sometimes you go to a point where you’ve got more ideas than places to put them. Because there was an awful lot more to achieve in that time, as well. Having said that, I wouldn't want to do that on every job. But equally, I enjoy the challenge of, “Okay, we've got 5 weeks to figure out how to make 150 costumes for The Favourite, from scratch.” We made every single costume, including the extras’, and it might even have been because I was right in the thick of Mary Poppins, [where] it was all designed. Maybe it worked very well that I was doing The Favourite right in the middle of it, because I still had all this excess energy, and ideas. Yeah, I think I really thrive on that. Too exhausting. The luxury of a big long prep time with Mary Poppins was fantastic. I thrive on being challenged. It doesn't necessarily make it any easier, it's just that it was different. It would be absolutely shattering. And of course, it's fantastic to have a big, generous budget and a lot of time.
Aesthetically, what was the focus early on, with your two Oscar-contending films?
We were just regaled with stories, which was so fantastic. Incredibly sprightly, both of them. He was going to jump up on the table and dance, so he had to wear whatever was comfortable. He was easy, absolutely easy. The only thing he insisted on was wearing his own dance shoes, which of course you couldn't say no to. It was amazing, of course. They were both incredible sweethearts. And Angela was just a delight. So full of energy.” /> I remember going to meet Dick Van Dyke in his home and doing a fitting in his suit.
With total commitment all the way through, the designer figured out how she could achieve equally remarkable results in each case. Working on two drastically different budget levels—within a big-budget Disney world, and one where she designed each costume seen on screen from scratch—Powell's approach was consistent.
Although having said that, of course, there are elements in it that are not completely and utterly right. Doing the research and looking at it, it's always so inspiring to see how things were made in a different decade or a different period. It's about storytelling, and creating characters; it's not documentary making, or making a piece for a museum. It totally depends on the project, as well. But then I think I probably would get a little bored if all I was doing was copying something that's already been done. For instance, The Young Victoria that I did with Emily Blunt, it was as far as I could, trying to be historically accurate because it was about a real person. We weren't trying to make anything stylized. But we're telling a story. I don't really know. I think even just the nature of the fact that we use fabrics that are made now makes something more contemporary. One of the best bits about doing a period film is actually discovering something new about a period that you don't know about. It's sort of like you need to add your own touch, or twist, or something, and I don't know whether I'm consciously making things modern.
There was a lot of green and brown and rusts, and these were colors that were prevalent in the 1930s. Within the house, although it's a little bit rundown, they're not poverty stricken. Then obviously, when we got to the fantasy sequence, it does all pop considerably more. I didn't want them to be vibrantly colorful, but I didn't want to eliminate the color from the family themselves. So, the colors are pretty much colors of the period. The broad strokes were that the colors do pop, even though it was meant to be London in the Slump, where everything was winter, and everything's down when we're outside of the home. For instance the bank and things like that, everything is rather dark, and threatening, and somber. And in the final scene, it's deliberately a combination of the real world and the fantasy world. It is the real world, but it's taken on the color palette of some of the fantasy things that we've seen.
In your designs, how did you toe the line between homage to the original character, and the presentation of new elements? As a costume designer, what is it like to take on a classic character like Mary Poppins?
So, I kind of pitched that. I said, "Why don't we maybe strip back the color and make the court scenes in particular black and white?" And that was basically what I did. I stripped back a lot of the detail, so although the touch of the costumes is historically accurate, it's minus a lot of the ornamentation that would normally have happened on costumes in the court situation. And also, a lot of the fabrics I used were contemporary, and that gives it the whole modern feel. It was the closest in period, late 17th century, which I always loved being in black and white. Looking at various references, we both had been inspired—among other films—by The Draughtsman's Contract, the Peter Greenaway film from the ‘80s.
With your films this year, you achieved quality results, in very different production scenarios. It must have been challenging to do with The Favourite what you were able to on a big-budget studio project.
I liked the idea of using chevrons and stripes and polka dots, all of which are completely fine for the 1930s. For Mary Poppins herself, absolutely. I just avoided using florals; I didn't think that felt right for the film, or for her character. And again, this is pretty much taken directly from the period. The 1930s were just a bit on from the Art Deco period of the ‘20s, where there's a lot of geometrics. But I also liked the idea of a graphic representation of characters because I'm bearing in mind the whole time that this film has to appeal to kids, to small children who really respond to color, and pattern, and simplicity in graphic qualities. So, I actually felt Mary Poppins's character was quite graphic and straightforward.
Set in the UK amidst differing historical contexts, each film sought a unique balance between meticulous research, period detail, and elements of stylization. With radically different barometers, each film nonetheless knew when to hew close to the truth, and when to throw it all away. If Marshall's latest is an innocent experience of wonderment and adventure, The Favourite is a brutal, snarling and darkly comedic portrait of aristocratic power games. Set in the early 18th century, Lanthimos' first period piece was no conventional period piece at all. At the same time, it's interesting to note those fundamentals which the two productions share. On the surface, these two films could not be more different in tone or aesthetic.
While Mary Poppins gravitates aesthetically between two worlds—those of 1930s London, and pure fantasy—The Favourite likewise had its two spaces. Most of the clothes in the background, they're all originals from the period, so that is all historically accurate, including the clothes that Mary Poppins is wearing. In this case, there was history, mined in Deborah Davis' original screenplay, and the madly inventive workings of a Greek auteur's mind. The rest of the time, it's in the real world, and I tried to be historically accurate. I looked to fashion magazines from 1934, so she's pretty up to date, fashion-wise," Powell explains. "The thing with Mary Poppins is it's a fantasy world, but only when it goes into the fantasy world bit.
Your color palette for Mary Poppins couldn’t be more different, as striking as both films are. How would color function in this particular world?
Strong patterns seemed to appear throughout a lot of the costumes, as well.
On that film, you had the opportunity to dress a pair of legends, in Angela Lansbury and original Mary Poppins cast member Dick Van Dyke. How was that?
London in the 1930s was to look like real London in the 1930s, to give a great contrast when we go into the fantasy world. With Rob, originally it was like, “We're not doing a remake of the original Mary Poppins. Once Mary Poppins has arrived and shows everybody what else is possible, that was a big contrast. His brief was that the real world where the Banks family lived is to be real. It doesn't really have to refer to it at all; it doesn't have to look like it.” Obviously it wasn't going to because it was in a different period, 25 years later, and it wasn't to look like it at all.
How many costumes were made from scratch for Mary Poppins?
But every single costume on the principals was made from scratch. We made 440 costumes from scratch, but there were loads more in it that were rental costumes, that were put on extras.
Why is that? You've said in the past that you enjoy pairing historical narratives with degrees of stylization.
This was a film with a lot to live up to, with a stunning number of moving parts. Even as one of the film industry's preeminent costume designers, a three-time Oscar winner with 12 nominations since 1994, Sandy Powell had a lot on her plate, signing up for Rob Marshall's Mary Poppins Returns. A sequel to a 1964 classic, the Disney musical would require the designer to take Poppins into a new era, with the help of Emily Blunt. And yet, fueled by adrenaline and rampant creativity, Powell decided to take on even more, concurrently designing fashions for Yorgos Lanthimos' Best Picture contender The Favourite.
But he told me that we were going to be shooting it in a historically correct background, in palaces and places that were real. He was looking at real, historically accurate reference, so it wasn't going to necessarily look modern, but it was definitely going to have a modern take. So that was the brief really, just to be real and characterful. With The Favourite, from reading the script, I knew that it wasn't going to be a conventional period film. He wanted the women to not be in lots of makeup and hairstyles they couldn't possibly have carried off every day. In terms of the look, he wanted it to be the proper clothing for the period, yet not look like costume. He really didn't want it to look like a stuffy period film; he wanted people to look like they were wearing clothes.
I used elements from the original one. Mary Poppins's jack coat, which is a traditional nanny's coat, in the original would've been navy blue, which I thought would've been too harsh and quite often reads as black. I wanted her to have a little bit more than that, so I brightened the blue a little, just to give her a bit more interest. Obviously it's a huge challenge, and probably it was the scariest bit to take on of anything. It was sort of how not to disappoint. Basically, she's a nanny, so she's quite properly dressed, which was skirts and blouses, and then a nicely fitted coat or jacket. Which is what I did, but I just maybe upped the color a little. She is the same character, she's Mary Poppins, it's just that she's in a different decade, so I had to encapsulate all the qualities that came with the first one, but update it to the 1930s with a different actress. We've got this character that really is, apart from the kids who've grown up, the only thing that's left from the original.

‘Mary Poppins Returns’ Floating $7M-$8M Opening Wednesday

Aquaman and Bumblebee start their previews at 5PM tomorrow night.
Sony's Spider-Verse earned $4.3M on Tuesday, +55% over Monday for a five-day total of $42.2M. Wednesday is looking at $2.7M.
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Older females are sure to be a destination for the Emily Blunt — Lin-Manuel Miranda feature, and that demographic is known to pre-buy and plan their visits to the multiplex. Should Mary Poppins Returns emulate a B.O. trajectory like Jumanji 2 or Enchanted, it's looking at a five-day between $49M-$51M. The question is does Mary Poppins Returns get the pop from families over the weekend like Jumanji 2 did (5-day $52.7M, 6-day including Christmas was $71.9M)? There's more serious competition in the family arena this year with Sony's holdover Spider-Man: Into the Spider-Verse and Paramount opener Bumblebee and Warner Bros.' Aquaman than what Jumanji 2 faced last December (arguably, in terms of the family play, it was just Star Wars: The Last Jedi).
Today there are 6% K-12 schools off and 74% colleges out. That number per ComScore moves up to 15% and 78% respectively tomorrow and 32% and 84% by Friday.
That figure is on par with the $7.2M Wednesday pre-Christmas opening for Sony's Jumanji: Welcome to the Jungle last year as well as Disney's Amy Adams 2007 musical Enchanted which opened the Wednesday before Thanksgiving to $7.96M. Disney's Mary Poppins Returns looks to be on course for a Wednesday opening day in the $7M-$8M range according to industry mid-day estimates.
Mary Poppins is currently booked at 4,090 theaters. Last night there were special Dolby auditorium previews at 250 sites, and Disney isn't reporting those numbers.

‘Aquaman’ Amazon Prime Previews Hook Near $3M Besting ‘Jumanji 2’

Already, Aquaman has caught plenty of fish abroad with an overseas box office of $261M before officially opening stateside.
Disney's Mary Poppins Returns opens Wednesday and many think its first five days will be around $57M-$62M while Paramount's Bumblebee is seeing a $35M-$40M Friday-Tuesday 5-day start.” /> Right now, the James Wan-directed movie, which has a 70% fresh on Rotten Tomatoes, is expected to post a $57M-$62M three-day to lead all films next weekend, and a five day around $115M. Given how Christmas falls on a Tuesday this year, many are looking at the five-day path that Aquaman is going to burn in its opening.
Recently we hear that last weekend's Saturday sneaks of Paramount's Bumblebee made around $500K at 325 sites, for an impressive $1,5K screen average. Paid sneaks, more than packed free previews, are truly an indicator to a major studio about the size of the demand for their upcoming release. While there's no barometer of success when it comes to paid sneaks, recent preview scenarios have yielded big hits at the B.O.: In addition to Jumanji 2 (opening $36.1M), Sony had Amazon paid previews on Hotel Transylvania 3 ($1.3M previews off Friday 3PM sneaks, $44M opening) and Warner's A Star Is Born which minted $1.35M from Tuesday/Wednesday previews).
20), and to date the title has shattered the mobile movie ticket retailer's record for top pre-sales of all time, besting Deadpool 2, Avengers: Infinity War, and Black Panther. In the first 24-hours of sales on Fandango (back on Nov. For Atom, Aquaman became their top ticket-seller ever in the movie's first 24 hours on sale (reported on Nov. Note Atom is younger than Fandango in regards to its movie ticket sales history and doesn't canvas the same swath of theaters as its rival. 20), Aquaman pre-sales eclipsed that of Venom ($80.2M opening weekend) and Mission: Impossible –Fallout ($61.2M).
Atom Tickets partnered with Amazon Prime and Warners as the exclusive paid sneaks retailer whereby Prime members could purchase up to 10 tickets each for last night's show.
UPDATED 12:09PM: with more preview figures: One Saturday 7PM show at roughly 1,225 theaters last night of Warner Bros./DC's Aquaman made a huge $2M $2.9M in paid sneaks, a figure that beats the $1.86M earned by Amazon Prime's previous collaboration with Sony a year ago on Jumanji: Welcome to the Jungle. chart it would file in 13th  10th place ahead of Universal's Green Book ($2.78M at 1,215 theaters), Fox Searchlight's The Favourite ($2.5M weekend at 439 theaters) and Fox/New Regency's Widows ($1.2M at 1,228). If we were to rank Aquaman on this weekend's B.O.

Freeform Poked Fun At The ‘Shadowhunters’ Twitter Campaign And Fans Aren’t Happy

#SaveShadowhunters" "I can’t believe they did that, and during Toy Story of all things," chimed in another fan. I’ve never even seen Shadowhunters, but I hope someone shows better class and helps them out. "It was so tacky and rude to fans of both Toy Story and #Shadowhunters.
"Was looking forward to seeing this but it won't be happening thanks to the disrespect shown to the #Shadowhunters fans by @FreeformTV during their broadcast of Toy Story." One fan wrote: "More than anything, it speaks towards the heartless nature of the TV business sometimes and a lack of gratitude sometimes to the fans who are responsible for making shows successful in the first place." Another fan attacked Freeform's parent company Disney and the upcoming release of Mary Poppins Returns.
In one particular scene, Andy is about to go out and his mom says he is allowed to bring one toy. Twitter blew up with backlash. While he shakes the all-knowing ball for an answer, the question "Will Freeform save Shadowhunters if I keep tweeting about it?" playfully pops up on the screen. Woody uses a Magic 8 Ball to ask if he Andy will pick him. Well, not if you ask the legion of Shadowunters fans. The answer "DON’T COUNT ON IT" appears through the inky water. During Freeform's "POPnKnowledge" airing of the Pixar classic, fun facts and trivia pop up on the screen while the film plays. Funny, right?
If there's one fanbase you shouldn't mock, it would be the rabid following of Shadowhunters. Freeform poked the bear while airing a "POPnKnowledge" version of Toy Story. In what started off as a joke turned into an all-out attack of Shadowhunters fans.
The #SaveShadowhunters Twitter campaign has been alive on the social media platform since it was announced that the series would be ending after three seasons. They also popped up in Korea with a month-long campaign in the Seoul subway — positioned in the station closest to Netflix’s local office and hit London with double-decker bus ads. The expanded 12-episode final season, dubbed Shadowhunters: The Final Hunt, is set to air in spring 2019.” /> Diehard fans have has been stopping at nothing to bring the show back for a fourth season with the campaign. Fans went beyond Twitter and organized for a plane with a #SaveShadowhunters banner to circle Netflix’s LA headquarters, rented two billboards in Times Square and raised over $20,000 for various charities.