Back in 2010, five years into Bob Iger’s reign as CEO of the Walt Disney Company, the company was the fourth largest Hollywood Studio by box office. In 2019 it’s dominating the box office earning 33% of all domestic box office grosses, almost $700 million more than the next two studios box office put together.
That’s an amazing $3.76 billion at the domestic box office (a new record). Add in all the global totals and Disney has earned $11.1 billion (another all-new record). Those numbers don’t even include releases from 20th Century Fox, which it acquired in 2019. If you add that in, it’s a titanic $13.2B worldwide.
The movies that led to this box office bonanza include “Avengers: Endgame,” “The Lion King,” “Toy Story 4,” “Frozen 2,” “Captain Marvel,” and “Star Wars: The Rise of Skywalker.” Those are the top six movies of the year, Disney co-produced the 7th, Sony’s “Spider-Man: Far from Home.” Guess what, the eighth largest earner was Disney’s too – “Aladdin.”
Even with 20th Century Fox’s titles are under its belt, Disney will have a hard time surpassing 2019 in 2020. 2021 has a chance with the addition of Avatar 2 to the lineup.
Disney is the king of Hollywood for now. With all its assembled studios (Pixar, Lucasfilm, Marvel, Fox, etc) and other projects lined up, Disney has already reserved opening weekends for at least one film in just about every month for the next four years.
In a statement, Walt Disney Studios Co-Chairs Alan Horn and Alan Bergman said, “We are very proud of our studios team and the extraordinary slate of films they delivered to fans all around the world in 2019. This was a year like no other! We both know that these achievements would not have been possible without both the imaginative and compelling storytelling from the talented filmmakers and production teams across all of our film labels, and the exceptional work of our marketing, distribution, and operations teams and everyone at The Walt Disney Studios.”
Hat Tip Variety