Mickey Mouse rakes in the big bucks

The Myanmar Times - - The Pulse -

WALT Dis­ney Stu­dios is cel­e­brat­ing its most suc­cess­ful year ever at the global box of­fice af­ter post­ing US$5.9 bil­lion in ticket sales dur­ing the first 10 months of 2016.

Hits such as Find­ing Dory, Cap­tain Amer­ica: Civil War and Zootopia en­sured that the stu­dio, which owns pres­ti­gious brands like Mar­vel and Pixar, has al­ready beaten last year’s record $5.8 bil­lion with two months to spare, the com­pany an­nounced early this month.

With a Star Wars spin-off, Mar­vel’s su­per­hero movie Doctor Strange and an­i­mated mu­si­cal Moana yet to open do­mes­ti­cally, the stu­dio could com­fort­ably pass the record of $6.9 bil­lion, set by Uni­ver­sal in 2015.

“For the sec­ond year in a row, The Walt Dis­ney Stu­dios has reached a new high at the box of­fice thanks to an ab­so­lutely stel­lar col­lec­tion of re­leases from Dis­ney, Dis­ney An­i­ma­tion, Pixar, Mar­vel, and Lu­cas­film,” said stu­dio chair Alan Horn.

“This suc­cess is a tes­ta­ment to the re­fined tal­ent and in­no­va­tive work the en­tire stu­dio team puts into mak­ing these world-class cin­e­matic ex­pe­ri­ences.”

Dis­ney has set sev­eral records this year, be­com­ing the fastest stu­dio ever to hit $2 bil­lion do­mes­ti­cally and $5 bil­lion at the global box of­fice.

It has not been en­tirely plain sail­ing, as Alice Through The Look­ing Glass and The BFG were deemed com­mer­cial flops, while Pete’s Dragon hardly had the ac­coun­tants jump­ing for joy.

Coast­guard drama The Finest Hours also sank with­out a trace, with Va­ri­ety mag­a­zine re­port­ing that Dis­ney was ex­pect­ing losses of around $75 mil­lion from the film.

On the other side of the ledger the stu­dio had three hits in 2016 that passed the il­lus­tri­ous $1 bil­lion global mark – Cap­tain Amer­ica ($1.1 bil­lion), Zootopia ($1.023 bil­lion) and Find­ing Dory ($1.022 bil­lion).

The Jun­gle Book made $966 mil­lion while Star Wars: The Force Awak­ens which de­buted in De­cem­ber last year, brought in $737 mil­lion of its $2.1 bil­lion global take in 2016.

Those five films scored an av­er­age 94 per­cent rating on Rot­tenTo­ma­toes. com, which ag­gre­gates the re­views for all re­leases. –

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