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    Monday, July 29, 2019

    Box Office: Disney Hits Record $7.67B in 2019 Global Revenue as 'Lion King' Nears $1B

    The Lion King is now set to cross a billion dollars at the worldwide box office after it added $218.3 million this past weekend. In the process, it helped Disney set a new all-time global annual box office record with $7.67 billion, surpassing the one it previously set in 2016.

    And mind you, it's still only July. Disney still has Star Wars: The Rise of Skywalker, Frozen II, and Maleficent: Mistress of Evil to come this year. Disney's new record year has been helped by Avengers: Endgame, Captain Marvel, Aladdin, and Toy Story 4, with considerable help from the first of those considering it's now the biggest movie of all time with $2.79 billion.

    Not to forget The Lion King remake, which has already contributed a precise global total to $962.7 million yet and looks set to do more. Of this weekend's $218.3 million, the Jon Favreau-directed film brought in an estimated $75.5 million  in its home market of the US, while the rest $142.8 million came in from all other markets. The non-US total stands at $611.9 million.

    Of them, the biggest have been China ($114.8 million), the UK ($45.1 million), Brazil ($42.1 million), France ($40.1 million), and Mexico ($37.1 million). The Lion King has yet to release in two major markets: Japan on August 9, and Italy on August 21.

    Meanwhile, Disney's other remake of an animated property from May — Aladdin — has now hit that $1-billion milestone after it grossed an additional $10.1 million at the worldwide box office this weekend. It's the third Disney remake to do so after 2010's Alice in Wonderland and 2017's Beauty and the Beast, and it should be joined by The Lion King very soon, possibly during the week.

    It's been a week of billion-dollars movies as Spider-Man: Far From Home, co-produced by Disney-owned Marvel Studios, crossed that coveted figure prior to the weekend. And then across the weekend, it added another $33.2 million to take its global tally to $1.03 billion.

    Meanwhile, Disney-Pixar's Toy Story 4 brought in $29.27 million at the worldwide box office over the weekend, pushing its total to $917.9 million, In doing so, it became the fourth biggest Pixar movie of all time, behind Finding Dory ($1.02 billion), Toy Story 3 ($1.06 billion), and Incredibles 2 ($1.24 billion).
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