Personally, I'm happy for
Inside Out 2's success, I wouldn't be surprised if we see the same thing happen with
Moana 2 this fall. Ultimately, this is why they decided to prioritize sequels... It pays off more often than not.

I know, it's a shame it's harder to make something original take off. I personally thought
Raya was so good and yet nada; I only wonder if it had had music, if maybe that might've helped it at least have some kind of shelflife on streaming.
Wish, I was hoping it would be great, it was just okay, but even despite my personal reaction to the film, I would've thought it would be moderately successful and launch another original IP. (
Strange World I never expected to do well, not because of the whole "controversy," but just because it didn't look very good on top of reminding me of the early '00s flops as far as marketing / concept went.) On the other side, I actually liked both
Luca and
Turning Red, which felt very weird to me considering I usually don't enjoy PIXAR films, not as crazy about
Soul,
Lightyear, and
Elemental. Both
Elemental and
Wish felt slightly more childish at times than I normally expect from both studios, maybe because they're in a bit of a tailspin at the moment they've been told to "simplify" their stories by higher-ups or something? At least that's my guess since both felt that way. But you can't blame the studios for putting out nonstop sequels when nobody watches original content. I'm personally not as against sequels as many are, I think sequels can be very good--depending. I liked
Frozen's sequel (surprising since I don't think fairytales are well-suited to them), the first two
Toy Story sequels, I'd go so far as to say that
Finding Dory was much better than the first, and
Inside Out's sequel sounds like it may turn out to be pretty good. I wouldn't say I was "fond" of
Ralph Breaks the Internet, but it was about even the original, if not a smidge better (low bar, I know). There are always bad sequels (
Monsters University was terrible; TS5 wasn't quite that bad, just middling;
Incredibles 2 was better when I watched it recently directly following the first, but still a little disappointing), but the likelihood of them being bad or good is the same as it would be with something original.
Of course, I know this irks people to say, but I personally still say they should just do away with PIXAR and fold most of those employees into WDAS as a department to work on any sequels to PIXAR IP like
Inside Out 3,
Toy Story 5, etc. Maybe some of the better employees like Shi could even branch out and make something original under WDAS.
Elemental did manage to barely break even whereas Wish lost money, but it ultimately was a marginal difference at best. It's not like one did massive numbers and the other nothing at all, there was maybe a 100 to 200 million difference between the two. The WDAS film had to follow
Strange World on top of it and I think that's what Iger is probably thinking, too, and we know Chapek had a lot to do with foisting SW on WDAS in response to the controversy he himself caused. I'd ultimately still say
Encanto is the only original IP from either studio the past 5 years to be well-known, but perhaps
Elemental is more like
Zootopia as far as not really being talked about very much despite being successful? I'd be surprised if
Elio does better than
Elemental since it seems in the same lane as
Lightyear/
Strange World, although it will at least get to follow a big success like IO2. Regardless, WDAS will eventually get off the ground again in the next few years though with the whole sequels strategy pulling them out of the constant negative headlines, and they do have the longer legacy between the two studios with a history of comebacks.