One more update.
We finally got some new up-to-date international numbers from Disney's "Planes: Fire & Rescue" on BOM. It's been months since we've seen solid International numbers.
Anyway, Domestic is at $58.57 million and International is at $80.18 million for a combined Worldwide estimate of $138.75 million as of September 21st.
I predict the whole venture has been a net loss from the studio (from box office proceeds alone).
Compare the following:
Planes (2013)
$219.79 million worldwide gross
$50 million development budget, $90 million estimated development + marketing budget
Disney probably brought in an estimated $110 million in revenue from the box office alone
Overall, the film was probably a net profit from box office proceeds
Planes: Fire & Rescue (2014)
$138.75 million worldwide gross
$50 million development budget, $83 million estimated development + marketing budget
Disney probably brought in a estimated $70 million in revenue from the box office alone
Overall, the film was probably a net loss from box office proceeds
It's a shame to see the sequel have such disappointing legs compared to the original.
Since the sequel probably won't make Disney money from the box office alone (so Disney will have to rely on other methods, most notably merchandising, to recoup the costs), I'm not sure Disney will jump to greenlight another sequel.
They might reorient DisneyToon Studios to another project instead. However, if Planes: Fire & Rescue brings in a LOT of profit in Merchandising, that may be enough to give it another try.
If so, I expect more drops. The Cars IP seems to be losing momentum as it approaches its 10th anniversary. Maybe Pixar's Cars 3 will rejuvenate interest.