Sunday, May 19, 2024

Disney leads 2023 with $3.4 billion despite bombs – Deadline

We can knock Disney all we want over less-than-stellar post-Covid results at Marvel, Pixar and Lucasfilm titles, but the fact is the brands are still delivering, making the theatrical studio the continued leader of cashiers with 3.4 billion dollars worldwide for the period January 1-July 2.

That explodes in 1.35 billion dollars housekeeper and 2.05 billion dollars abroad, and that’s out of seven theatrical runs so far in 2023. Exhibitors can continue to thank the former day-and-date theatrical intern on air is no longer doing so and committed to a theatrical window, seeing thus finances the vitality of a post-pandemic downstream model. The assets of this drive concession sales to theater owners and other ancillary businesses of the exhibition and beyond (ie Imax).

Disney’s global take so far this year is 3.9 times that of Paramount ($871 million with five films), 3.8 times that of Warner Bros ($898 million with six films) and 3.1 times that of Sony ($1.1 billion with 15 films) and more than Paramount and Warner Bros. combined. Universal is second for the year to date with an estimated $2.89 billion from 14 titles, boosted by Illumination’s Super Mario Bros with $1.33 billion, the highest-grossing film of 2023 YTD.

Disney is also leading the US/Canada box office, rising ahead of Universal ($1.13 billion), Sony ($589 million), Paramount ($398 million) and Warner Bros ($264 million). As we told you a few days ago, Disney is also no. 1 at the summer box office with $811 million, generating 44% of the nearly $1.9 billion May 1-July 2 season.

In Disney’s Marvel Studios box-office battle with Warner Bros. DC, the last three Marvel movies –Black Panther: Wakanda Forever, Ant-Man and the Wasp: Quantumania AND Guardians of the Galaxy Vol. 3 combined totaled $2.1 billion worldwide, which dwarfs DC’s trio Black Adam, Shazam: Fury of the Gods AND Flash which made $773 million worldwide. GOTG3 is the second highest-grossing film of the year with $837 million, and Ant-Man and the Wasp: Quantumania with 476 million dollars is greater than Black Adam$393.2 million last year.

Among the 20 highest-grossing films of the year to date, Disney owns five of them: GOTG3 ($837 million), The little mermaid ($525 million, No. 5), Ant-Man and the Wasp: Quantumania ($476 million at number 6), BASIC at number 12 with 188 million dollars and Indiana Jones and the Dial of Destiny with $131 million at No. 16.

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