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Thursday, August 13, 2020

Disney Becomes First Movie Studio To Surpass $10 Billion at Global Box Office

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Disney
Mandatory Credit: Photo by Brendan Mcdermid/EPA/Shutterstock (7867931a) A Gate is Seen at the Entrance to the Walt Disney Company Studios in Burbank California Wednesday 11 February 2004 Cable Tv Giant Comcast Corporation Announced 11 February That It is Seeking to Buy Walt Disney Co For Stock Valued at About $54 Billion the Disney Board Indicated It Would Study the Offer Which Would Create the World's Largest Communications Company Usa Entertainment Comcast Disney - Feb 2004

The Walt Disney Company has become the first studio in history to cross $10 billion at the global box office.

Over the weekend, the studio generated $3.28 billion in North America and $6.7 billion in the rest of the world totalling $9.98 billion and is expected to officially cross the $10 billion mark today.

It doesn’t come as a surprise since Disney’s catalog of studios and companies that it has acquired over the years has become huge such as 21st Century Fox and Marvel Comics. Back in August, Disney created a record for having five movies, “Avengers: Endgame”, “Aladdin”, “Toy Story 4”, “The Lion King” and “Captain Marvel” hit $1 billion each in a single year.

“Star Wars: The Rise of the Skywalker” will be released in just a few weeks and already has analysts predicting that is will also reach $1 billion worldwide in the box office.


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Tom Hartley

Tom Hartley

Tom is a theme park fanatic hailing all the way across the pond in the United Kingdom.

After visiting and experiencing everything that the theme park's offer in the UK, he has concluded his favourite to be Alton Towers located in Staffordshire.

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