Dana Walden Blames ‘Moana 2’ for the Live-Action ‘Moana’ Flop, While Confirming Company Layoffs

Live action Moana was projected to open at $85 million. That is a disappointing weekend for Disney. That is a 79 percent shortfall against your own studios expectations, on a film that may ultimately lose more than $100 million. Numbers like that do not come from one bad decision. They come from several things going wrong at once, and when a studio executive finally addresses it publicly, the...

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