On Monday, Walt Disney Studios broke box office records with their 2018 total of approximately $7 billion. According to UPI.com and Yahoo, It’s the second time in the history of cinema that a company earned that amount, with Disney hitting it once again back in 2016, two years ago.
This comes just one week after the release of Disney’s last movie of the year, Mary Poppins Returns, which is supposed to arrive in theaters soon. Thus far, Mary Poppins has earned four different Golden Globe nominations.
Opening on the 19th of December, eight days from now, the film will push the $3 billion mark Disney made domestically in 2016. Currently, the studio has earned $2.94 billion this year domestically.
In 2018, Disney broke the biggest opening weekend in box office history with their latest Avengers flick, Avengers: Infinity War, which earned a whopping $2.048 billion, making it the highest earning summer production as well.
Previously, Marvel Studios gave Disney another big winner with their pre-summer hit, Black Panther, becoming Marvel’s first-ever Best Picture nominee at the Golden Globes. It also earned a whopping $700 million domestically and $1.34 billion worldwide.
Pixar helped a lot as well with the released of The Incredibles 2, which is now the highest grossing animated film ever. It earned $608 million domestically and $1.24 billion all over the world.
Taking Stars Wars: The Last Jedi into account from 2017, it makes Disney the first studio ever to release four films within 12 months that earned over $600 million domestically.
Next year, 2019, is slated to be yet another big year for Disney, as Marvel is releasing Captain Marvel as well as Avengers: Endgame, in addition to Toy Story 4 from Pixar. Moreover, they have the new installment of Lion King coming out, Dumbo, Aladdin, as well as Star Wars: Episode IX.
It’s not surprising that an organization such as Disney is continuing to earn billions of dollars at the box office. For years, industry insiders and even comedians have joked that Disney would soon take over almost every production company in the United States. Now, Disney is in the middle of a merger deal with Fox.