Move Over ‘Frozen’ – This Could Be Disney’s Next $1 Billion Movie
It’s not often you see a movie exceeding $1 billion in global box office sales.
Of the nearly 700 films released over the past year, only two were able to do so. Curiously enough, both came from the creative minds at The Walt Disney Company(NYSE: DIS): First with $1.125 billion last summer from Disney Marvel’s Iron Man 3, and more recently with $1.11 billion (and counting) from Walt Disney Animation’s Frozen.
In fact, Disney accounts for seven of the 18 films that have ever managed to top the $1 billion mark worldwide — unadjusted for inflation, that is — with some of its other massive titles including Marvel’s The Avengers, Pixar’s Toy Story 3, and two films from the Pirates of the Caribbean franchise.
But this begs the question: What will Disney’s next $1 billion movie be?
I think investors and movie fans need look no further than the May 30 debut of Maleficent:
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WDW Parkhoppers are Parkhopper John and his wife, Parkhopper Sid and they love to share the magic of Walt Disney World. They can also be found at www.TeamParkhoppers.com, a non-profit organization that helps other non-profits raise money while also enjoying runDisney events. Living only 45 minutes from Walt Disney World, their lives are truly magical!
