Dana Walden Blames 'Moana 2' for the Live-Action 'Moana' Flop, While Confirming Company Layoffs
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Credit: Disney/Edited: Inside the Magic Live-action Moana was projected to open at $85 million. It opened at $18 million. That is a disappointing weekend for Disney. That is a 79 percent shortfall against your own studio's 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 interesting part is which of those things they name. Dana Walden, Disney's President and Chief Creative Officer, addressed it this week at Bloomberg's Screentime, in a conversation that also covered Jimmy Kimmel's future at ABC and this year's layoffs. Her explanation for Moana names one factor. It is a real factor. It is also not the biggest one. Walden attributed the film's performance to its proximity to Moana 2, the animated sequel released in November 2024. "It's so competitive right now that you have to have the right film at the right time, with audiences feeling a certain degree of demand," she said. "I would say our live-action Moana, which is excellent, I think it was hurt by the proximity to our second animated version of Moana, which came together under unusual circumstances, but premiered about 18 months before this one. So perhaps there was not enough time to create a lot of pent-up demand for another...
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