Friday, September 29, 2023

Disney Studios leads global box office revenue

The moviegoers have enjoyed the premiere of 200 films, leading the world box office “Super Mario Bros” by raising US$1,341.1 million. Viewers will recognize the voice acting of Anya Taylor-Joy as Princess Peach, Chris Pratt as Mario, and Charlie Day as Luigi. Who is behind its distribution? The data records Universal Pictures as its official distributor, as well as the tenth installment of the furious “X Fast” saga, which has grossed US$700.2 million.

However, disney studios dominates the distribution market Seventh Art. This is evidenced by the fact that of the 12 highest-grossing films between January-July of this year, the 100-year-old company distributes four, that is, it represents 33.3%.

According to Box Office Mojo these are “Guardians of the Galaxy: Volume 3” which reports revenue of US$838.5 million, “Antman and the Wasp: Quantumania” for US$746 million, “The little Mermaid” with US$528.4 million and “Elemental” with US$195.8 million. This means joint income of US$2,308.7 million, a 72.1% difference compared to its rival “Mario Bros.”

“Transformers: Rise of the Beasts” and “Dungeons and Dragons: Honor Among Thieves” have grossed US$386 million and US$208.1 million, respectively, being films distributed by Paramount Pictures, generating a combined US$594.1 million. But its counterpart, Warner Bros. Pictures, bet on releasing “CREED III” (US$275.2 million) and “The Flash” (US$248.6 million) to consolidate US$523.8 million.

Sony and Lionsgate are more conservative in the box office revenue competition. With the premiere of “Spiderman through the spider verse” and “John Wick: Chapter 4” US$615.5 million and US$427.1 million were collected. elDinero highlights that the income may vary in the next few days after the publication of the story, since most of the productions are still in projection.

Competence

From horror, comedy, romance, based on true events, to tragicomedy, movies entertain while generating lucrative income. These actions happen through a team prepared to create feature films, the production houses seek to entertain 8,000 million people each year with their film offer.

Who leads American cinematography? Warner Bros, reporting revenues of US$49,045.5 million as of January 2023, followed by its rival Universal Pictures (US$47,898.4 million) and Columbia Pictures (US$45,452.6 million).

“All our dreams can come true if we have the courage to pursue them” began with the most famous mouse in the world: Mickey Mouse. The company walt disney studios It is located in fourth place for its income of US$40,055.6 million, US$9.1 million more than the house of the most coveted superheroes in the world, Marvel Studios, (US$40,046.5 million) and US$4,306.9 million more than Paramount Pictures (US$35,748.7 million). .

Meanwhile, 20th Century Fox and New Line Cinema total US$26,161.9 million and US$17,524.3 million, respectively, according to Statista Consumer Market. The revenues of New Line Cinema and Legendary Pictures show a difference of US$483.4 million, accounting for US$17,524.3 million and US$17,040.9 million, respectively. This is followed by Dune Entertainment with US$16,596.3 million, DreamWorks Animation for US$16,174.9 million, Amblin Entertainment, US$15,635.7 million; and Relativity Media, US$15,375.3 million. Meanwhile, Village Roadshow Productions generated some US$14,189.8 million.

Strategy

Pixar feature films are based on computer-generated image-based animation, that is, CGI. Its history dates back to “The Adventures of André and Wally B” in 1984. Disney focuses its sights on the company in 1995 and they make the first collaborative installment of “Toy Story”, which managed to raise US$394.4 million. Since then, Walt Disney has become the Pixar distributor, offering the public productions such as “Bugs” which grossed US$363.2 million, “Monsters Inc” (US$579.7 million), “Finding Nemo” (US$941.6 million) and “The Incredibles” ($631.6 million), according to data from Box Office Mojo.

In 2006, moviegoers witnessed the purchase of Animation Pixar by Disney, after a payment of $7.4 billion. However, Statista is clear: Disney-Pixar barely reports revenue of US$14.923 million by 2023.

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