Disney CEO reacts at ‘Fantastic Four’ recent Box Office drop

Marvel’s Fantastic Four: First Steps had one of the strongest openings in the MCU and made a big splash at the box office in its first weekend, but the second weekend was a major slump for Marvel’s first family.

Fantastic Four, which kicks off Phase 6 of Marvel Studios, received good reviews and positive word of mouth.

However, by the time the movie’s second weekend arrived, the box office faced stiff competition from other releases, which dragged down its earnings.

Disney CEO Bob Iger addressed the 66% drop for Fantastic Four during its second weekend, as reported by ScreenRant.

“The more we can find and develop original property, the better,” Iger said. “Of course, we are developing original property under the 20th Century banner and under the Searchlight banner. And look, you could even argue that Marvel continues to mine its library of characters for original property.”

Iger noted that there had been Fantastic Four movies before, but their aim this time was to make audiences familiar with the characters, and the film has successfully launched them into the MCU franchise.

As of now, Fantastic Four: First Steps sits at $371.9 million at the worldwide box office.

In the domestic market, it has earned $201.6 million, while internationally it has grossed $170.2 million.

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