AT86
TS Member
The main issue with IP is longevity. The majority of evergreen IPs have gone and it's extremely difficult to predict the next big one. You've used Jumanji as an example and rightly pointed out it's rather a weak choice, which it is, considering that the last film in the franchise was quite a bit ago now (5 years ago). When the World of Jumanji was being designed and consulted on though it was a hot IP. It takes many years from concept to realisation and with how flash in the pan a franchise can be IPs are always risky and you end up with areas, or rides, that seem dated. Angry Birds would be a good example.
There is a new Jumanji film be to released in late 2024/ early 2025. It’s far from a dead franchise and probably one of the more relevant IP’s Merlin have been able to get hold of. Like you say, Angry Birds was dead before they opened it.