Disney Becomes First Studio To Hit $5 Billion Box Office Since Pandemic

[@SG002]

Disney wins 2024 box office.

[@windso878]

And it's so satisfying 🎉

[@NT-or9wh]

Bob Iger is an amazing CEO, I don’t are what they say.

[@SG002]

@ “Care”.

[@LegendaryGamer1947]

When will go back to 2017-2019 box office numbers not just for Disney, 2025’s global box office is projected to be 35 billion just for context

[@JeremyPage-q4p]

Wow. What an achievement. When you own virtually everything on tv and at the theaters it's hard to believe that it's even possible. Congratulations to Iger, Kennedy, Headland, etc. for all their hard work and sacrifice. Dreams really can come true.

[@terrancemoore496]

See people everyone tries to hate on them. Let GO! MUFASA!

[@trystan_magana]

Why watch mufasa when sonic 3 exists

[@terrancemoore496]

@trystan_magana Because I am a Simba fan! Honestly never watch Sonic 1. Although, I like Jim Carrey.

[@jasonone8726]

Funny how this happens the same time people are gloating over Mufassa flopping. 😂

[@Bloody1234]

Because they still churn out crap and their Park revenue is dropping which is a big loss. 3 movies saved them this year but wait until Snow White

[@remyd8767]

​@@Bloody1234who cares about snow white. Disney stock is at $110 and climbing.

[@terrancemoore496]

@@jasonone8726 Just one weekend and Mufasa flopping because it came out the same weekend as Sonic 3? MMM🤔Some as to be #1.

[@benm5970]

It was such an unfortunate coincidence that the pandemic and writers strike happened in the same decade, with how damaging they were to the movie industry those were events that should’ve happened like 10 years apart, and so the mere fact that they happened in the same pocket of time was catastrophic

[@collin.a.]

They had us in the first half, not gonna lie.

[@josermaiz]

Amazing

[@erickgeeh3206]

I mean sounds great but whats the margin of profit because to me thats more important... if im a company

[@EdCarefree]

Yeah, but their merchandise income blows everything out of the water

[@WhoFramedGod]

So if they made 5 billion, how did they spend this year?

[@tomas.lambert]

It’s not really a relevant question honestly. Disney makes over 90 billion in revenues so those 5 billions don’t mean much to them (especially since they don’t take 100% of those 5 billion). And they also have expenses of about 85 billion so they clearly know where to spend their money.

[@WhoFramedGod]

@tomas.lambert Maybe I should clarify my question. The topic was about the movie studio part. Not on Disney as a corporation with all of their other properties. The question then is if they made 5 billion (I assumed that's movie studio money), how did they spend on the movie studio budget? Why I'm asking is that, I hear a lot of numbers get thrown around on how much a movie cost, marketing, actors salary, etc on various movies throughout this year. I wonder if they spend like 10 billion on cost but overall made 15 billion in total. So the profit is 5 billion. That's just a made up example to use.

[@tomas.lambert]

@@WhoFramedGod It’s hard to say as Disney includes expenses within operating income/losses. But even if they explicitly broke down each cost (which they probably do somewhere, I just haven’t found it), those would be linked mainly to future projects. But basically in the last 12 months they made about 8 billions from content sale/licensing (which is mostly money from movie theatres).

[@abdullahelamoudi8762]

Yayks, cultural warriors are weeping right now.

[@azrealhernandez9636]

They’ve become less liberal and they’re back to winning. What is your point.

[@TerrellAustin19941]

Cool

[@felyxmillicent6538]

No kidding

[@ShEr-et8mk]

Last year Universal was close $4.9B

[@belair344]

Good for them

[@belair344]

Yeah for them

[@mark-zuberrodrigues]

John :- " Disney crossed a milestone 6th in a row making 5.Billion. Snow White:- " Hold my Poison Apple.

[@cedrichouse9864]

You all act like if one film doesn't work (which it hasn't even dropped) that they don't have other movies? Avatar alone already makes them the number 1 box office of 2024 andrew athat not counting the other films

[@BigSmitty1]

Even with their reputation for quality circling the drain, Disney owns so much property it can produce enough content that all it takes is a couple hits to compensate their for astonishing mediocrity. Not hating on them, I love movies and want their to do well but sheesh Disney put your back into it.

[@Bloody1234]

It's why they never learn, people keep giving them money they don't deserve

[@kc5466]

@@Bloody1234it seems like they deserved considering the money still coming and no one is forcing anyone to give them money

[@belair344]

Congratulations to them see we don't need tom cruise movie

[@windso878]

Awesome for Disney

[@crazyman8472]

And how much did they spend? 🤑

[@ScottyyDoesntKnow]

Doesn’t matter😂 it’s about how much they made not spent and clearly they made a profit 😂

[@crazyman8472]

@ Between production costs and marketing, I’ll bet they barely broke even. 🤑

[@mrsunshine3261]

@@ScottyyDoesntKnowNo 💀 I know 5 billion sounds sexy but u do understand that they’re only gonna get roughly half that money. And while yes Disney did have some hits this year, that doesn’t change anything. They had failure after failure last year and 2022 and it’s gonna stay that way next year. Avatar and Zootopia 2 are probably the only films they have coming out next year that I’ll probably be successful

[@curryis828]

​@@mrsunshine3261but it doesn't change the fact that they reached the 5 billion dollars or more than that 😂

[@curryis828]

​@@mrsunshine3261but it doesn't change the fact that they reached the 5 billion dollars or more than that 😂

[@mrsunshine3261]

This isn’t a big deal really! I know 5 billion sounds sexy but u do understand that they’re only gonna get roughly half that money. And while yes Disney did have some hits this year, that doesn’t change anything. They had failure after failure last year and 2022 and it’s definitely gonna stay that way next year. You really think Captain America (with out captain America) or Snow White gonna save them💀 Avatar and Zootopia 2 are probably the only films they have coming out next year that I’ll probably be successful

[@hungvu-xc3uf]

imagine a company is so big that even 2.5 billion is still a small number

[@CarolCityCane305]

I’m they got fantastic 4 live action lilo & stitch elio coming out also Disney will be fine

[@toren2099]

Fantastic 4 thuntherbolts then two avengers movies there fine and damn I’m happy

[@mrsunshine3261]

@@CarolCityCane305 Elio gonna flop dawg💀 idc if your excited for it that shit gonna lose money💀😹

[@mrsunshine3261]

@@toren2099 Thunderbolts gonna flop no ones interested in that shit💀😹Idk about Fantastic Four but it’s a movie that should’ve come like three or four years ago there a lot less interest in it now in days

[@everydaypeople4855]

No, and one of the studios that is pretty much over for is Sony.

[@payneicecold3000]

Sony has Playstation, it will NEVER be over for Sony 😆 🤣

[@everydaypeople4855]

@payneicecold3000 for the movie industry. And PlayStation will be obsolete soon. That's how the game goes when it comes to technology industry you'll see.

[@roflo2296]

I feel like that's only because Disney bought out all the other major studios and their IP with it. Inside out 2 was fine. It's a shock how much it's made

[@bryanpowell2388]

It didn’t help them last year

[@jesseurena5153]

insdie out 2 was fine? lol

[@purpamiri]

AVATAR 2 carried them

[@Garry2-j2z]

Umm, avatar 2 is a 2022 movie not 2024. This 5 billion global is from 2024 only

[@windso878]

Lol. Avatar 2 was not 2024

[@ML-yn9yu]

Imagine being so wrong. I would delete this comment.

[@curryis828]

Meanwhile the warner bros are failed with their flop superhero movies😂

[@judokos1755]

But hey, WB made it to at least third place in worldwide box office this year, just behind Universal