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2. Tentpoles like “Jungle Cruise” are still finding it tough going in theaters.
Subscription and paid streaming revenue from Disney+ may change the metrics of profitability for “Jungle Cruise,” but it is still a $200 million blockbuster with a high bar to clear to break out of the red. Were it not for the opaque nature of the hybrid release and the fact that the studio pockets more of premium streaming revenue than of ticket sales, the numbers for “Jungle Cruise” would have assuredly left analysts and rival studios deeming it an unqualified disappointment.
“In normal times, a film like this would need a global opening of at least $100 million to really having a chance at success,” Comscore analyst Paul Dergarabedian said. “But in this current environment, I think the numbers that it got from theaters and Disney+ were probably the best it could have hoped for.”

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