Disney’s Dream Run Continues, Crosses $1B at Box Office

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The Walt Disney Company DIS–Pixar’s Inside Out has amassed $52.1 million in the second weekend at domestic box office, taking the total collections to $184.9 million so far. Internationally, Inside Out has raked in $81.5 million.

Disney is indeed having another fabulous year as far as the box office numbers are concerned. Riding high on the fresh success of Inside Out, and that of Avengers: Age of Ultron and Cinderella earlier, the company has managed to gross $1 billion at domestic box office in record 174 days in 2015 as per sources.

The earlier record for making billion dollars in the shortest period was in 188 days in 2012. This is the tenth successive year when the studio has exceeded the billion dollar mark.

Looking at the domestic box office numbers, Avengers 2 has earned $452.4 million and Cinderella has made $200.3 million in collections. However, Tommorrowland with just $90 million in collections has proved to be the odd one out. Analysts estimate that the lukewarm response to the expensive George Clooney starrer will have Disney losing nearly $140 million from its profits.

Going ahead, the studio has three major releases lined up for the rest of the year which includes Marvel’s Ant-Man, Pixar’s The Good Dinosaur and the mammoth Star Wars: The Force Awakens.

Estimates for Star Wars are just trending higher with each passing day as is the euphoria surrounding it. The movie is the seventh instalment of the hugely popular Star Wars franchise and the first film in a decade. Trade pundits guide it to a $2 billion mark at the worldwide box office. Domestically, it is expected to shatter most records and make over $500 million.

2015, a good year for most of the studios so far, is turning out to be exactly as predicted. With monster hits like Fifty Shades of Grey, Furious 7 and Jurassic World, Comcast Corporation’s CMCSA Universal Studios tops the list with domestic box office collections of over $1.2 billion, that too in just 165 days.

Also, Time Warner Inc. TWX, despite no major franchise release this year, has managed to earn over $990 million in collections. Dwayne “The Rock” Johnson starrer San Andreas and Mad Max: Fury Road with Tom Hardy and Charlize Theron got it going for Warner bros.

The title holder for highest domestic box office collections in 2014, Twenty First Century Fox FOXA has had a moderate year so far with $715 million.

At present, Disney carries a Zacks Rank #2 (Buy).

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