Zack Sharf Digital News Director Disney CEO Bob Iger is touting “newness” when it comes to the Marvel Cinematic Universe. The executive appeared at the Morgan Stanley Technology, Media and Telecom Conference and questioned whether or not Marvel needs to continue churning out multiple sequels for individual characters.
His comments arrived amid critical and box office disappointment for the most recent MCU tentpole, “Ant-Man and the Wasp: Quantumania.” “Sequels typically worked well for us,” Iger said at the conference. “Do you need a third and a fourth, for instance?
Or is it time to turn to other characters?” Not only is “Ant-Man and the Wasp: Quantumania” one of the worst-reviewed Marvel films in history (its 48% on Rotten Tomatoes nearly matches the record-low “Eternals” score of 47%), but the film dropped a massive 69% at the box office in its second weekend, marking the second-biggest drop in MCU history. “Quantumania” currently stands at $420 million worldwide and $189 million domestically.
While these grosses are higher than the first two “Ant-Man” movies, they’re also underwhelming considering “Quantumania” kicks off Phase 5 of the MCU and introduces the new Thanos-sized villain of the franchise in Jonathan Majors’ Kang the Conquerer. “There’s nothing in any way inherently off in terms of the Marvel brand,” Iger added. “I think we just have to look at what characters and stories we’re mining, and you look at the trajectory of Marvel over the next five years, you’ll see a lot of newness.
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