What a great year Disney signed up, and it is during this 2019, the Mickey Mouse company showed that it is a monster capable of the bombing that leaves billions of dollars. In short, this 2019 Disney became the first studio to raise more than 10,000 million dollars in a year; the first studio in history to have six premieres with collections over one billion in a single year, and the first studio to have seven of the ten highest-grossing films of the year.
The first studio in history that exceeds 10,000 million dollars at the box office in a year
‘Star Wars: The Rise of Skywalker’ has just reached theatres, and despite criticism has managed to raise $ 373 million worldwide. It is below what the two previous films of this trilogy achieved, but in case of maintaining this trend, it aims to exceed 1,000 million dollars in a few weeks.
With these numbers, ‘Star Wars: The Rise of Skywalker’ has managed to sneak into the number 10 of the highest-grossing films of this 2019 in the United States, making Disney be closing the year with 80% of the blockbusters in that country, something never before achieved in history.
If we go to the international box office, Disney does not get that 80%, but the negligible 70%, which also puts the studio at the forefront of a new world record.
The ‘top ten’ of the highest-grossing films of the year internationally is as follows:
|MOVIE||BOX OFFICE REVENUE WORLDWIDE|
|‘Avengers: Endgame’||$ 2,797,800,564|
|‘The Lion King’||$ 1,656,713,458
|‘Spider-Man: Far from Home’||$ 1,131,927,996|
|‘Captain Marvel’||$ 1,128,274,794|
|‘Frozen II’||$ 1,107,116,922
|‘Toy Story 4’||$ 1,073,394,593|
|‘Fast & Furious Presents: Hobbs & Shaw’||$ 758,910,100|
|‘Ne Zha’||$ 700,547,754|
Here it is worth noting the cast of ‘ Spider-Man: Far From Home‘, which is a joint production between Marvel Studios and Disney with Sony, although the creative control of the film was in charge of Marvel. For this reason, revenues are not going to stop 100% at Disney, but it is considered a Disney film.
On the other hand, we can see that this year’s Disney strategy was based on successful franchises such as Marvel, ‘Toy Story’ and even ‘Frozen’, but there was also the surprise of remakes like ‘The Lion King’ and ‘Aladdin’. That is, we don’t have any new stories in their entirety, as they all stem from something that had already proven its success.
Also, it should be noted that this is only the box office for the films, so the income from the sale of products also inflates these figures to reach unexpected places.
Another point to pay attention to is that Disney continues to reap very juicy fruits from companies it acquired in recent years. Pixar, bought in 2006 for 7.4 billion dollars; Marvel Entertainment, purchased in 2009 for 4.240 million dollars; and Lucasfilm, bought in 2012 for 4,050 million dollars. And here the key was the arrival of Bob Iger in 2005, the current CEO of Disney and who has managed to give the right direction to the company.
2020, the year of Disney +?
If we start analyzing how 2020 looks for Disney, we will see that, at least on paper it does not look as spectacular as 2019, come on, there is not even a Star Wars movie on the horizon. Today, confirming what catches the eye is ‘Mulan‘, ‘Black Widow‘ and ‘Eternarls‘.
The reason? During 2020 Disney is betting everything on its new Disney + streaming platform, where premieres of both Marvel and Star Wars are expected, and of course original Disney Studios productions. In addition, 2020 will be the year of the international expansion of the service, so the company is preparing the ground to win the ‘streaming war’ and expand its domain in this field.
To give an example, just one day after the launch of Disney +, the company came to presume that they had already exceeded 10 million subscribers. A figure that was the goal of a year in the United States, so it is no surprise that they are now looking towards this market, where Netflix has today world dominance.
No doubt 2020 will be a great year, and it will be extremely interesting to see how the streaming and film market moves. Here we need to see what plans Disney has with Fox, which will undoubtedly help to add and fill the Mickey Mouse bank accounts.