Disney Becomes First Studio To Surpass 10 Billion USD At Global Box Office

Disney is now the first and only studio in history to surpass $10 billion USD at the worldwide box office. As of December 8, the entertainment conglomerate has earned a total of $9.997 billion USD in the box office with $3.28 billion USD in North America and $6.7 billion USD overseas. The company is expected to officially surpass the $10 billion USD mark within the day of December 9.

Disney broke its own global box office record of $7.6 billion USD in July 2019 following the success of Avengers: Endgame and The Lion King. Both movies along with Aladdin, Toy Story 4 and Captain Marvel crossed $1 billion USD in one year by the time August rolled around. Disney is looking to end the year with two more films joining the $1 billion USD club, seeing as Frozen 2 currently has $920 million USD and Star Wars: The Rise of Skywalker breaking Endgame’s pre-sales record.

As of writing, Disney owns six of the 10 biggest movies of 2019 — Avengers: Endgame, the highest-grossing film of all-time with $2.79 billion USD, The Lion King with $1.6 billion USD, Captain Marvel with $1.2 billion USD, Toy Story 4 with $1.07 billion USD, Aladdin with $1.05 billion and Frozen 2 with $920 million USD.

“It’s difficult to describe the momentousness [year] that Disney is enjoying,” Paul Dergarabedian, a senior media analyst at Comscore, said in a statement. “Disney has consistently put almost unfathomable numbers on the board by delivering a diverse and irresistible slate of films while capitalizing on the goodwill and viewer loyalty that has been built up by years.”

Source: Hypebeast

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