With five months left to go in 2019, Disney is just days away from eclipsing the industry record set in 2016
is another potential club member, considering that animated pics can enjoy especially long legs. Its total through Sunday is $859.4 million.On Dec. 20, Disney and Lucasfilm openearned $1.33 billion globally, preceded by a massive $2.07 billion for, released in December 2015. Box office analysts say it's almost a given that the newfilm — the ninth and final installment in the Skywalker saga — will earn north of $1 billion.
"This year is a perfect storm for Disney. Its philosophy has been all about building massive brands. That’s what we are seeing this year," says Wall Street analyst Eric Handler of MKM Partners. "It will be interesting to see next year when Disney likely has a very good year, but its film revenue will likely be down. It will likely be a victim of its own success."
The 2019 slate of mega blockbusters will help feed Disney's new streaming service — the latest frontier that Disney CEO Bob Iger hopes to conquer after strategically buying up Lucasfilm, Pixar, Marvel and much of the 21st Century Fox empire. "Now, that brings us to the larger question: Why can't rival studios keep up? Well, it's a tale as old as time. Lazy filmmaking, underwhelming movies and misguided sequel-hype," says Bock. "The real roadblock is that a lot of the great creative minds in Hollywood are being swept up by streaming juggernauts, where artisans seemingly have more room to unpack their imagination and less infiltration by studio execs with bottom-line binders.
Despite Disney's success, the 2019 box office is still trailing 2018 by 7 percent, at least in North America. Nevertheless, Disney won't be the only studio contributing to the billion-dollar boon. Sony and Marvel Studio's
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