JB Notes - 2

Why remake a classic?
- Disney bought many established company’s and names: muppets, marvel, Star Wars (building their character base).
Disney was put in Hong Kong: Asia = new market
Merchant and rides can be resold and relevant
Remakes are now main of Disney and sequels (jb2)
Bought out their competition.
- John Favreau blended technology with old story to honour the original - appeals to new audiences with animation and old audience for the story.
Preserved the high water mark and targeted new audiences like in India.
- Jungle book opened with $103.6million on first weekend with already signs of a sequel
Warner’s Bros had Andy Serkis direct ‘Mowgli’ but it’s release was put back a year to allow Disney breathing space - dark spin to differentiate itself.

Economic and global success:
1967:
- was certainly a box office smash and easily recouped the original investment by Disney: the budget was $4million but JB has now made $141 million gross in the US (29th highest grossing film of all time in the US) and $205 million worldwide.
- estimated $6.8 million (out of around $60 million foreign gross) came from Germany alone, maiming it Germany’s highest grossing film of all time (27.3 million tickets sold.

2016: 
- Cost $175 million to produce but opened with $103.6 million in North America = one of April’s biggest debuts ever.
- grossed $966.6 million = fifth grossing film of 2016 and the 35th of all time.
- Disney amassed $2.56 billion globally - ahead of its next nearest rivals warner bros and universal = $1.8 billion each.
- released in 70 countries (different times depending on competition). Biggest Hollywood release in India ever (earned $36.8 million).

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