Welcome to DisneyBizJournal.com - News, Analysis and Reviews of the Disney Entertainment Business!

Brought to fans, investors, entrepreneurs, executives, teachers, professors, and students by columnist, economist, novelist, reviewer, podcaster, business reporter and speaker Ray Keating

Monday, July 29, 2019

Disney Hits Annual Box-Office Record ... in July

by Ray Keating
July 29, 2019

Disney hit a box-office record for the entire year, but it’s only July, according to a Hollywood Reporter article.

Keeping in mind that these comparisons are in nominal dollars, not adjusted for inflation (my standard economist disclaimer), Disney has pulled in a total of $7.67 billion globally so far this year, according to the Reporter, which surpasses the previous full-year record of $7.61 billion, which also was held by Disney for 2016.

For good measure, Disney’s $5.09 billion internationally ranks as the first time international revenues have moved beyond $5 billion for a studio.

Disney also is on track to break its 2016 record of having four films break the $1 billion mark – with Captain Marvel, Avengers: Endgame, Aladdin and both Toy Story 4 and The Lion King are on track to do so shortly.

And there’s more to come, including Maleficent: Mistress of Evil, Frozen II and Star Wars: The Rise of Skywalker, as well as films moved under the Disney umbrella with the Fox merger, such as to be Ad AstraTerminator: Dark Fate, and Ford v. Ferrari.

One of the interesting questions looking ahead is: Will Disney in future years be able to match what it has accomplished at the box office in 2019? Although, how much will Disney care given its investment in the Disney+ streaming service and the ongoing shift of video entertainment from the theater to the home?

Ray Keating is the editor, publisher and economist for DisneyBizJournal.com, and author of the Pastor Stephen Grant novels. He can be contacted at  raykeating@keatingreports.com.

If you enjoyed this article, and since I am the author of the Pastor Stephen Grant novels and short stories, can I ask you to take at least one (preferably more) of the following steps?

1) The new Pastor Stephen Grant novel – DEEP ROUGH – has arrived! You can order the Kindle edition, the paperback, or the signed book.

2) Please join the Pastor Stephen Grant novels and short stories email list, and get the upcoming short story, THE TRAITOR, for free! Sign up here.

3) Buy one of the other Pastor Stephen Grant novels or short stories at Amazon.comor signed books at www.raykeatingonline.com

4) Become a member of the Pastor Stephen Grant Fellowship, and get all kinds of FREE stuff, including each new book in the Pastor Stephen Grant series. Check out the levels and benefits here.

No comments:

Post a Comment