Over the holiday weekend, The Walt Disney Company maintained its dominance at the box office.
After Pixar’s Inside Out 2 and Marvel Studios’ Deadpool and Wolverine, Moana 2 became the studio’s third 2024 film to surpass the coveted $1 billion mark over the Martin Luther King Jr. Day weekend.Last year, no film from any other Hollywood company made over $1 billion.
Over the weekend, the business announced that Moana 2 had made $442.8 million at the domestic box office and $567.1 million in overseas markets. Along with Frozen, Frozen II, and Zootopia, it is the fourth Walt Disney Animation production to sell over $1 billion in tickets.
Disney, which had trouble gaining popularity with its animated productions in the years following the epidemic, now has another feather in its head thanks to this accomplishment. The company’s choices to launch a few animated films straight on its streaming service, Disney+, were mostly to blame for its problems. Even after theater closures ended and movies started showing again, this taught parents to search for fresh content at home.
In addition to signaling Disney’s comeback, Inside Out 2 helped boost the June domestic box office as a whole. It made over $650 million at home and was the first movie to reach $1 billion worldwide since Warner Bros. Barbie.
Additionally, it was the first Pixar or Walt Disney Animation movie to earn over $480 million worldwide since 2019. In the end, Inside Out 2 became 2024’s highest-grossing movie.
According to Comscore data, Deadpool and Wolverine, Inside Out 2, Moana 2, and a few more theatrical films helped Disney achieve over $2.2 billion at the domestic box office last year, which accounted for around 25% of the industry’s total revenue.
Disney claims that with Moana 2 surpassing the $1 billion milestone, it now has 32 billion-dollar pictures, including three that it acquired when it purchased Fox in 2019. For comparison, only 56 movies have made more than $1 billion at the box office worldwide, which means that Disney is in charge of about 60% of the highest-grossing movies ever made.
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