Disney Set to Break Market-Share Record
A ragtag team consisting of the Avengers, a surgeonfish and the Rebel Alliance are teaming up to help Disney claim a bigger share of the annual box-office than any other studio in Hollywood’s modern age.
With its string of monster hits — many of them geared toward kids who often turn into fans for life — and a lack of quality competition from many of its competitors, the Mouse House is gobbling up box office cheese at a record pace.
Disney Beats Q3 Earnings Expectations Behind Record Box Office Haul
Last year, behind smash hits “Jurassic World” and “Furious 7,” Universal set the market share record with 21.3 percent of the U.S. box office and a total domestic gross of $2.4 billion.
With nearly $2.1 billion as of Aug. 21, Disney looks like a safe bet to top that, and looking at the rest of the year, it’s hard to come up with any hurdles that might stand in the way of a new market share record as well.
Also in 2016, Disney put out four films that made more than $341 million at the domestic box office, led by “Finding Dory,” the year’s No. 1 movie with $478.4 million.
July’s “The BFG” was a big-budget flop, managing just $141.8 million worldwide on a $140 budget.
[...] in August, Disney released “Pete’s Dragon,” a movie that was conspicuously under the radar in both its budget — $65 million — and marketing.
Between 2006 and 2012, Disney acquired three production companies that have become pillars of its current box office domination:
[...] Read: 'Rogue One' Footage Shows Off New Visual Style for 'Star Wars' (Video)
“The Force Awakens” was a disappointment in China — leaving fans unfamiliar with the backstory confused and sleeping in the theater — but Disney is doing what it can to ensure “Rogue One” resonates.