"Pinocchio" (1940) Based on the children's novel "The Adventures of Pinocchio", "Pinocchio" was supposed to be Disney's big follow-up to their big hit "Snow White and the Seven Dwarves". Released in February 1940, and despite positive reviews from critics, the film was a major disappointment at the box office. Maybe this was because the film couldn't open in certain markets because of World War II, or maybe the box office returns just seemed disappointing because the unprecedented success of "Snow White..". Either way, most people wouldn't expect a film that's so well remembered today to have bombed during its initial release. But, thankfully, how "Pinocchio" preformed in 1940 has nothing to do with the quality of the film. The film was everything people expected, and more.