The Animation Arms Race With Illumination CEO Chris Meledandri
The Town with Matthew Belloni
The Ringer
4.3 • 1.1K Ratings
🗓️ 14 December 2023
⏱️ 34 minutes
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| 0:00.0 | For all your fantasy football needs, check out the Ringer Fantasy Football Show with me, Danny |
| 0:05.2 | Kelly, along with Danny Hyfitz and Craig Horrellbeck. |
| 0:07.9 | That's the Ringer Fantasy Football Show on Spotify or wherever you get your podcast. |
| 0:14.7 | It is Thursday, December 14th. |
| 0:17.3 | Like in all the other aspects of Hollywood, it's been a very weird year for feature animation, |
| 0:22.2 | especially animated films and theaters. Over Thanksgiving, Disney had another big miss with Wish. |
| 0:28.0 | And this summer, Pixar suffered its worst opening weekend in decades with Elemental, |
| 0:32.6 | although that movie chugged along and ended up in the black with almost 500 million worldwide. |
| 0:37.1 | The Miyazaki movie is doing well for its lowered expectations in theaters. |
| 0:41.1 | But if there's a winner of the year so far, it's Illumination Entertainment, |
| 0:44.3 | which made the Super Mario Brothers movie that grossed $1.36 million in the spring, |
| 0:49.6 | enough for second place behind Barbie for films released this year. |
| 0:53.2 | And that's not an outlier for Illumination. |
| 0:55.7 | While Disney is synonymous with family animation, Illuminations movies over the past decade or so |
| 1:01.2 | have averaged $785 million at the worldwide box office. In fact, Illumination movies like |
| 1:07.9 | Despicable Me, all those movies, The Minions, Secret Life of Pets, Sing, and The Grinch. |
| 1:13.2 | They have a higher average box office since the first release of an Illumination movie than |
| 1:18.1 | any of the major players, Pixar, Disney Animation, DreamWorks, Sony, all the others. |
| 1:24.5 | Often at significantly lower budgets than the typical tent pole animated film. |
| 1:29.4 | Universal, which owns the stake in Illumination and releases its movies, |
| 1:32.8 | now has Illumination attractions at all four of its parks, five if you count Singapore opening next year. |
| 1:39.1 | And through their output deal with Netflix, the Illumination films really kill it on streaming. |
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