×
You will be redirected back to your article in seconds

Disney Scores Biggest Year Ever at Box Office, Poised to Set New Industry Record

Zootopia,” “Captain America: Civil War,” and “Finding Dory” have pushed Walt Disney Studios to its biggest year ever at the global box office with two months left to go on the calendar.

The Hollywood giant has earned $5.85 billion in global ticket sales through Nov. 1, racing past its previous record of $5.84 billion, which Disney set in 2015. That figure should climb in the weeks ahead. Disney still has several high-profile releases this year, among them “Doctor Strange,” which hits U.S. theaters on Friday, the family film “Moana,” and “Star Wars: Rogue One.” Earlier this year, Disney became the fastest studio to hit $2 billion domestically, $3 billion internationally, and $5 billion globally.

Disney has yet to set a new industry record for annual box office revenues. That still belongs to Universal, which racked up $6.89 billion in 2015 thanks to blockbusters such as “Furious 7” and “Jurassic World.” Still, Disney is on track to surpass that mark, given the likely windfall that a new “Star Wars” adventure, Marvel movie, and animated offering will enjoy. Those films should close the $1 billion gap that exists between Disney’s current theatrical revenues and the record established by Universal.

Not everything Disney touched turned to gold this year. The studio had a costly flop with “Alice Through the Looking Glass,” which earned $299.3 million on a budget of $170 million, and “The Finest Hours” and “The BFG” were stillborn at the multiplexes, losing tens of millions of dollars in the process.

“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 Walt Disney Studios 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.”

Indeed, the results are a testament to the success of several expensive bets placed by Disney chief Bob Iger. Since taking the reins in 2005, Iger has plunked down $7.4 billion to buy Pixar, $4 billion for LucasFilm, and $4 billion for Marvel. Those acquisitions have given the studio access to the premiere animation creator, as well as the gallery of Marvel and “Star Wars” characters, making them the envy of the other major studios.

Popular on Variety

More Film

  • Joe Anthony Russo

    Russo Brothers to Receive Publicists Motion Picture Showman Award

    Hollywood union publicists have selected the Russo Brothers to receive the Motion Picture Showman of the Year Award. Anthony and Joe Russo, who directed “Avengers: Endgame,” will receive the award at the 57th Annual Publicists Awards ceremony on Feb. 7 at the Beverly Hilton Hotel. The publicists are part of the Intl. Cinematographers Guild, IATSE [...]

  • Sylvester Stallone on Rambo's Return: A

    Sylvester Stallone on Rambo's Return: 'The Warrior Can Never Find Peace'

    Sylvester Stallone may be 73, but he’s not one to sit back in his twilight years. As his legendary body slows, his output certainly hasn’t. This Friday, “Rambo: Last Blood” hits theaters around the world – 37 years after the debut of “Rambo: First Blood.” Why bring the muscled Vietnam veteran back for a final, [...]

  • VINCENZO-NATALI

    Vincenzo Natali to Open Sitges Pitchbox (EXCLUSIVE)

    Like Ron Perlman in 2018 and Guillermo del Toro the year before, Canadian writer-director Vincenzo Natali, whose new Netflix film, an adaption of Steven King’s “In the Tall Grass” will innaugurate October’s Sitges Film Festival, is lined up to open this year’s Sitges Pitchbox, organized in by Barcelona-based platform Filmarket Hub. The Sitges Pitchbox take [...]

  • "Tezuka's Barbara" in competition at Tokyo

    ‘Tezuka’s Barbara’ and ‘A Beloved Wife’ Head for Tokyo Festival Competition

    Two Japanese films, “Tezuka’s Barbara” and “A Beloved Wife” have been selected for the main competition section of next month’s Tokyo International Film Festival. The festival will reveal the remainder of the competition and the bulk of its other selections later this month. To date the Japanese festival has only revealed its opening film (“Tora-san, [...]

  • Garin Nugroho film "Memories of my

    Indonesia Selects Controversial 'Memories of My Body' as Oscar Contender

    “Memories of My Body,” directed by Garin Nugroho, has been selected to represent Indonesia at the Academy Awards in the international feature film category (previously best foreign-language film). The announcement was made Tuesday by actress Christine Hakim representing the Indonesian Film Selection Committee. The fact-based film depicts the story of a young man from a [...]

  • Benjamin Wallfisch - scoring session, Abbey

    Composer Benjamin Wallfisch Signs With Gorfaine/Schwartz Agency

    Composer Benjamin Wallfisch has signed with the Gorfaine/Schwartz Agency (GSA) for worldwide representation, in partnership with London-based agency COOL Music Ltd. A top composer, whose scoring credits include “It Chapter Two,” Shazam!” Hellboy,” “Hidden Figures” and “Hostile Planet,” among others, Wallfisch has worked on over 75 feature films and is a member of the BAFTA [...]

  • The Moneychanger

    Toronto Film Review: ‘The Moneychanger’

    Uruguayan auteur Federico Veiroj (“The Apostate,” “Belmonte”) broadens his usual intimate dramatic scope to diminishing returns for his fifth feature, “The Moneychanger,” . Adapted from a novella by compatriot Juan Enrique Gruber, the period (mid-1950s to mid-1970s) tale centers on the eponymous character, an amoral currency exchanger, who winds up laundering some of the dirtiest [...]

More From Our Brands

Access exclusive content