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How Marvel’s Risky Bet on ‘Thunderbolts’ Backfires as Box Office Stalls… Even with Great Reviews

Madison Woolbridge by Madison Woolbridge
June 13, 2025
in Discovery

Just weeks after Disney CEO Bob Iger publicly celebrated Thunderbolts as a shining example of Marvel’s evolving strategy, you now find the studio dealing with the aftermath of a box office disappointment. The film, praised by critics and early audiences alike, was intended to mark a fresh chapter. But despite positive buzz, its theatrical run has fallen short, making it one of the lowest-performing Marvel entries to date. The movie’s underwhelming financial results are prompting a bigger question: What’s next for the Marvel Cinematic Universe?

A New Era Means New Expectations

You’ve probably grown accustomed to Marvel breaking records and raking in billions. That was certainly the case during the studio’s golden era. With its history of billion-dollar blockbusters, Marvel created a benchmark of success that is no longer realistic. Shawn Robbins, a movie analytics expert from Fandango, put it bluntly: “We’re in a new era where not every Marvel movie is going to hit $1 billion.” Today’s audiences have shifted their attention, and the landscape is more complex than ever.

Marvel’s Numbers No Longer Guarantee Success

Since 2008’s Iron Man, Marvel has consistently delivered hit after hit, eventually becoming the most successful movie franchise of all time with $31 billion earned across 36 films. Yet, recent trends tell a different story. Before the pandemic, 19 of the studio’s 22 films crossed the $500 million mark globally. After 2020, only six out of 13 reached that same milestone. This is forcing Marvel to rethink how it defines success in a post-pandemic box office.

Positive Reviews Couldn’t Save Thunderbolts

Unlike recent flops like The Marvels and Ant-Man and the Wasp: Quantumania, which struggled under poor reviews, Thunderbolts arrived with solid word-of-mouth. You probably expected it to build momentum. But that didn’t happen. The film has failed to break even, despite a strong start and fan enthusiasm. The truth is, movies without iconic characters are finding it harder to compete for attention and dollars.

Superhero Fatigue Sets In

Part of the challenge comes from oversaturation. You’ve likely noticed a surge of superhero content across both theaters and streaming platforms. This influx has shifted tastes. Recent box office winners include family-friendly stories like A Minecraft Movie and nostalgic live-action remakes such as Lilo & Stitch. Meanwhile, original films like Sinners have found their place. Jeff Bock, an analyst at Exhibitor Relations, observed that “lower-tier comic book movies aren’t cinematic slam dunks anymore.”

Marvel Shifts Gears to High-Profile Bets

The future of Marvel’s cinematic universe appears to be leaning into big-name properties and major team-ups. After July’s The Fantastic Four: First Steps, your movie calendar will include only heavyweights: Avengers: Doomsday and Spider-Man 4 in 2026, followed by Avengers: Secret Wars in 2027. Other properties like X-Men and Black Panther are reportedly in development. Stand-alone stories such as Blade, however, remain stuck in development, raising concerns about Marvel’s willingness to take creative risks.

Team-Ups and Sequels Still Deliver

You’ve probably noticed that Marvel’s biggest recent wins have come from ensemble casts or returning favorites. Spider-Man: No Way Home brought in $1.9 billion, while Deadpool & Wolverine earned $1.33 billion. Sequels like Doctor Strange in the Multiverse of Madness, Thor: Love and Thunder, Guardians of the Galaxy Vol. 3, and Black Panther: Wakanda Forever each performed well, with grosses between $760 million and $955 million. These numbers prove audiences are still showing up—for the right projects.

Marvel Once Thrived on the Unexpected

Marvel’s early days were built on introducing lesser-known heroes. Characters like Iron Man and Thor were not household names before their cinematic debut. You may remember how bold it felt when Marvel bet on Guardians of the Galaxy, a relatively obscure title that became a massive hit. But after years of sequels and spinoffs, audiences are now more hesitant to invest in unfamiliar characters, especially when those stories feel disconnected or confusing.

Rebuilding Momentum Requires New Strategies

It’s clear Marvel can’t depend on nostalgia forever. Robert Downey Jr. may return as Doctor Doom in Avengers: Doomsday, but you can’t rely on him to save every movie. The franchise needs fresh faces and new narratives. But making origin stories on a tight budget is increasingly difficult. From VFX to actor salaries, production costs have soared. And global marketing campaigns add another layer of financial risk.

Lower Budgets, Higher Pressure

To reduce risk, Marvel cut costs on Thunderbolts. Aware the movie’s characters came from underperforming titles like Black Widow and some Disney+ series, the studio limited the budget to $180 million and spent about $100 million on marketing. While this is less than Marvel’s usual $200 million-plus production budgets, Thunderbolts still needed $425 million just to break even. That goal now looks unreachable, especially as the movie leaves theaters sooner than expected.

Marvel’s Long Game Still Has Value

You may be surprised to learn that Marvel doesn’t rely solely on box office success. The studio makes significant revenue from home entertainment, merchandise, and experiences at theme parks and cruises. Even films that fall short in theaters can serve as marketing tools for future installments. Thunderbolts is a perfect example. Disney confirmed that the characters from this film will reappear in Avengers: Doomsday, giving fans another reason to catch up via Disney+.

Reconnecting With Audiences Is Key

What you’re seeing now is a critical turning point. Marvel must reconnect with viewers by focusing on character depth, tighter stories, and thoughtful pacing. The studio’s plan to slow production and emphasize quality over quantity could help. But only if audiences feel the payoff is worth it. Whether Marvel can truly return to form depends on more than just brand recognition—it hinges on emotional investment and cinematic innovation.

Do you think Marvel’s strategy to scale back will reignite fan excitement or is superhero fatigue here to stay? Let us know in the comments on Facebook.

Via: Variety

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