Black Widow Pirating Cost Disney Over $600 Million
It was the first film of Phase 4 of the Marvel Cinematic Universe, but Black Widow‘s release strategy appears to have backfired for Disney.
The film, after several delays, was released theatrically on July 9 2021.
However, it was also simultaneous day and date release on Disney Plus, via Premier Access.
According to reporting by Deadline, this strategy is believed to have cost Disney an eye-watering $600million dollars due to piracy.
Ouch. That must hurt!
Although, I’m not sure if $600 million is really all that much for Disney and Marvel Studios these days.
Might be more like pocket change to them. Well, to us it sounds like a lot of moolah!
Black Widow’s release strategy reason for substantial loss of revenue
Read more: Black Widow Spoiler Review
The decision to put it on the day and date Disney+ release meant it was immediately pirated.
Hence, copies of the film in high quality and in multiple languages were soon available for people to watch.
It’s estimated that by August, the film had been pirated around 20 million times.
All in all, that is estimated to have cost Disney a whopping $600million in lost revenue.
And of course, there was the Scarlett Johansson lawsuit where she took Disney to court over the release strategy.
The film’s final box office haul was $379.6million.
All things considered, we’d be very surprised if studios returned to the day and date release strategy in the future.
What do you make of this news?
Will we see studios abandon day and date release strategies in the future?
Let us know your thoughts in the comments below.
What do you make of this story? Let us know in the comments below or on our Facebook, Twitter or Instagram pages! And if you enjoy listening to film podcasts, why not check out our podcasts, Small Screen Stories and Small Screen Film Club wherever you get your podcasts!