To say that Disney had a successful year is definitely an understatement. Aside from launching the instantly successful new streaming service Disney+, the studio also was behind some of the biggest movie blockbusters of the year. Now, the company has made history…to the tune of billions.
According to industry insider @Variety, Disney has ended 2019 on a historical note, as the company is now the first studio in history to surpass $10 billion at the worldwide box office. If you’re wondering how this happened, well as of this month, Disney generated over $3.28 billion in North America and over $6.7 billion overseas. The company also held the previous record, which it set back in 2016, of $7.6 billion worldwide.
Apparently, Disney movies will always pull in record audiences, as massive movie hits like “Avengers: Endgame,” the rebooted “The Lion King,” “Aladdin,” “Toy Story 4,” and “Captain Marvel” all crossed the billion-dollar mark in 2019 alone.
Stay Connected
Subscribe to updates from The Shade Room
Disney also makes big money due to inheriting the FOX movie empire, which is worth an additional $11.9 billion. Currently, “Frozen 2” is on its way to joining the billion-dollar movie club and the upcoming, highly-anticipated “Star Wars: The Rise of Skywalker” will likely bring even more billions its way.
Industry expert Paul Dergarabedian, a senior media analyst at Comscore, said this about the company’s incredible success:
“It’s difficult to describe the momentousness [year] that Disney is enjoying. 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.”
Well, Merry Christmas to Disney!
Roommates, what are your thoughts on this?
