Color Bob Iger very happy. Two weeks after becoming the highest-grossing animated film of all time, Disney•Pixar’s Toy Story 3 will cross the $1 billion mark at the global box office today, joining Alice in Wonderland as the second $1 billion film this year from The Walt Disney Studios – the first studio in history to accomplish this feat. This is yet another reason the Disney purchase of Pixar was a steal.
Disney first crossed the $1 billion threshold with Pirates of the Caribbean: Dead Man’s Chest in 2006. Toy Story 3 becomes the only animated film to reach this milestone and the seventh title in industry history.
“It’s been an incredible year as we saw the Pixar team bring Buzz and Woody back to the big screen and watched Tim Burton’s vision for Alice in Wonderland take the world by storm,” said Rich Ross, Chairman, The Walt Disney Studios. “These box office triumphs prove that creative storytelling brought to life by imaginative, inspired and talented professionals is something audiences respond to the world over.”
As of Thursday (8/26/10), Toy Story 3 tallied more than $592.9 million internationally, Disney’s largest international animated release. Latin American audiences have contributed $138 million making Toy Story 3 the highest grossing Disney film ever released in the region. Toy Story 3 is the most successful UK release in Disney history and currently stands as the fourth biggest title in territory history with $102.4 million in box office receipts so far. In Japan, the film has taken in $111.2 million and spent five consecutive weeks as the #1 movie. Toy Story 3 currently ranks as the #7 film in global box office history and domestically ranks #9 with $404.6 million in receipts to date.
Alice in Wonderland began setting records during its opening weekend (March 5-7), becoming the biggest March opening in industry history, the highest 3D opening ever and The Walt Disney Studios’ biggest opening for a non-sequel film. Internationally, the film went on to tally more than $690 million, becoming Disney’s biggest overseas release of all time and the fourth biggest title ever released overseas. Worldwide, the film took in $1.0243 billion, ranking it as the #5 film in global box office history.
Toy Story 3 passes $1 Billion, Giving Disney Two Billion Dollar Movies in '10 http://bit.ly/damxas That Pixar Purchase still looks good!
Toy Story 3 passes $1 Billion, Giving Disney Two Billion Dollar Movies in ’10 | The Disney Blog – http://goo.gl/CpSL
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This news coming immediately after the bit about Disney owing workers back pay really illustrates that Disney needs to pay their workers more in the first place. I think they contribute to the stagnation of the local Florida economy by keeping the pay at Walt Disney World as low as they can manage.
We know Disney could afford a pay increase, and it would be to their benefit since their workers would be happier, less stressed, and it would enable Disney to be more choosy about who they hire.
(I don’t work or live there, but I think having a large well-paid workforce would do amazing things for central Florida and would have a ripple effect on the rest of the economy there.)
With inflation and huge ticket prices increase this actually means nothing to me. Look at Adjusted for Inflation at boxofficemojo.com for true box office earnings. You’ll see that Snow White and 101 Dalmations were bigger box office hits for total domestic earnings than any movie released in the last 20 years. Ticket price increases (especially 3D) only mean less people can see a movie and box office earnings will remain high.
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