Monday, July 29, 2019

Disney Hits Record $7.67 billion in 2019 Global Revenue as 'Lion King' Nears $1 billion

Photo Credit: Disney Enterprise Inc,
On Sunday, Hollywood's alpha studio announced its films have collected a record-shattering $7.67 billion at the 2019 global box office and it's not even August. The previous industry record of $7.61 billion was set by Disney in 2016.
Already this year, three Disney titles have crossed $1 billion worldwide, not to mention that Marvel Studios' Avengers: Endgame ($2.79 billion) has surpassed Avatar to become the top film of all time.



Disney accounts for as much as 45 percent of the $16 billion-plus collected worldwide so far this year by movies released on more than 1,000 screens, including revenue from titles inherited following the Disney-Fox merger. In contrast, the next closest studio, Warner Bros., has taken in just shy of $2 billion. 


And don't forget Disney's Toy Story 4, which is likely to top-gross $1 billion in the coming weeks. If so, Disney would set a new high-water mark for the number of $1 billion-plus films released in a given year.

Watch the Trailer here: 

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