Disney again makes history with takings above $7B

LOS ANGELES: Walt Disney Studios is again ending the year on a high note, posting more than $7 bil-

thanks to hits such as “Black Pan-

“This is only the second time in history any studio has surpassed the $7 billion mark, after Disney’s own industry-record 2016 global gross of $7.6 billion,” the company said in a statement on Monday. “The Studios’ estimated inter-

December 9 is an estimated $4.069 billion, marking our second biggest year and the third biggest in industry history,” it added.

Disney’s success comes as the studio is set to release “Mary Poppins Returns” on December 19, which is expected to top the box

“To date, four of the top eight worldwide releases of the year are from The Walt Disney Studios, including the top two global and top three domestic releases,” the company said.

by Disney’s Marvel subsidiary, led the way, earning $2 billion alone. It is followed by superhero movie “Black Panther,” which earned $1.35 billion worldwide.

“Incredibles 2,” made by Pixar, another Disney subsidiary, earned $1.24 billion.

2018 are “Ant-Man and The Wasp,” “Solo: A Star Wars Story,” and “Ralph Breaks the Internet,” which has held the number one spot at

the third consecutive week.