The Walt Disney Company had a record-breaking year at the box office and those numbers are continuing to rise into 2020.
Thanks to the efforts of Captain Marvel, Avengers Endgame, Aladdin, Toy Story 4, The Lion King, Frozen 2, and Star Wars: The Rise of Skywalker, Disney has grossed over $11.1 billion at the worldwide box office. The new record surpasses the previous record set of $7 billion in 2016, a record that was held by Disney. Totals for the year do not include earnings from their acquisition of Twentieth Century Fox and Fox Searchlight, which would add more than $2 million to the tally.
The studio earned 33% of all domestic box office grosses for 2019. According to Comscore, it’s the first time since at least 1999 that a single studio has commanded this much box office revenue in the U.S. and Canada.
“We are very proud of our Studios team and the extraordinary slate of films they delivered to fans all around the world in 2019,” said Walt Disney Studios Co-Chairman and Chief Creative Officer Alan Horn and Co-Chairman Alan Bergman in a joint statement. “This was a year like no other! We both know that these achievements would not have been possible without both the imaginative and compelling storytelling from the talented filmmakers and production teams across all of our film labels, and the exceptional work of our marketing, distribution, and operations teams and everyone at The Walt Disney Studios.”
Read: 2020 Walt Disney Company Movie Preview
Disney was behind a record seven films that passed the billion mark at the box office which include Avengers: Endgame ( $2.798 billion), The Lion King ($1.656 billion), Captain Marvel ($1.130 billion), Toy Story 4 ($1.074 billion), Aladdin ($1.051 billion), Frozen 2 (1.2 billion), and Star Wars: The Rise of Skywalker which will hit that mark next week ($800 million). The studio also had Dumbo ($340 million) and Maleficent: Mistress of Evil ($489 million).
Starting in 2020, totals for the studio will include box office earnings from Disney and Fox combined. However, this may be a record we may never see beaten anytime soon.
Source: Variety
