Disney Poised to Set Film Industry Record After Huge Year at Box OfficeImages via Disney Movies News Disney
Disney owns Marvel, Star Wars and Pixar, so it should come as no surprise that the studio is reaping some insane rewards these days. Still, the levels of success the studio has reached this year are unprecedented, and there’s still two months to go in 2016.
Finding Dory, Captain America: Civil War and Zootopia were all box office smashes, propelling the studio to $5.85 billion in global ticket sales through Nov. 1, per Variety. This number has already eclipsed the studio’s previous record of $5.84 billion in 2015, and the studio still has a trio of sure-to-be-huge hits in Moana, Doctor Strange and Rogue One: A Star Wars Story left on its slate.
The current record for industry box office revenue was set by Universal in 2015 after they successfully launched Jurassic World and released Furious 7, earning $6.89 billion. Disney seems poised to break that record with its remaining slate, especially considering the presence of a Star Wars film in there.
Disney became the fastest studio to hit $2 billion domestically, $3 billion internationally and $5 billion globally earlier this year, but the studio did have several misfires. Alice Through the Looking Glass made less than $300 million on a $170 million budget, and The Finest Hours and The BFG both led to losses for the studio.
“For the second year in a row, the Walt Disney Studios has reached a new high at the box office thanks to an absolutely stellar collection of releases from Disney, Disney Animation, Pixar, Marvel, and Lucasfilm,” said the studio’s Chairman Alan Horn in a statement. “This success is a testament to the refined talent and innovative work the entire studio team puts into making these world-class cinematic experiences.”