Photo: Disney
Disney had a successful year at the box office, even breaking the all-time domestic cinema box office record with an impressive $3 billion revenue gross.
According to the final 2018 figures released by ComScore, Disney brought $7.33 billion globally in revenue from box office performance,Variety reports. This marks the second-biggest year for any film studio, an initial record set by Disney in 2016 with a $7.61 billion gross. Of the 2018 total, the figures revealed that $3.09 billion were from domestic cinemas.
Disney’s film popularity isn’t much of a surprise, especially considering the top three grossing films—Black Panther, Avengers: Infinity War, and Incredibles 2—all fall under Disney’s umbrella, as each film made more than $600 million in theaters.
“Thanks to the support of fans of Disney, Pixar, Marvel Studios, and Lucasfilm around the world, it’s been a monumental year for The Walt Disney Studios,” studio chairman Alan Horn said in a statement. “I want to especially acknowledge Marvel Studios’ pivotal year during which Black Panther and Avengers: Infinity War sparked conversation and broke records and expectations to cap an unprecedented first decade for this exceptional studio.”
Considering the studio’s successful feat in 2018, Disney is on track for a potentially even greater 2019 with several highly anticipated releases in store. Films such as Avengers: Endgame, Captain Marvel, Star Wars: Episode IX, Toy Story 4, The Lion King, Aladdin, Dumbo, Spider-Man: Far From Home, and Frozen 2 are set to dominate the cinemas upon their release.
“2018 was an incredible record-breaking year that not only saw the highest revenue ever achieved, but also represented an increase in actual attendance over 2017,” ComScore senior media analyst Paul Dergarabedian said. “An incredibly diverse slate of films combined with a love for the movie theater experience and the need for escapism that was the hallmark of last year’s success looks to continue in 2019, with Glass expected to enjoy one of the best January openings ever over MLK weekend. 2019’s hit parade gives the industry the potential to blow the doors of 2018’s impressive box office haul.”
