Disney has saved the box office once again. Jon Favreau’s ‘The Lion King‘ had its box office debut this past weekend and it made a ridiculous $185 million domestically.
We told you last week that most of the projections were between $150 million and $180 million, but some were worried it would be on the lower end of the scale because of the mixed reviews from critics.
But it looks like the audience doesn’t give a f**k about the reviews when it comes to a classic like The Lion King.
In total, the film has already made over $530 million worldwide. That’s right, in its first weekend at the box office, it already has over half a billion dollars. That’s very good news for Disney.
Disney’s film empire accounts for $7 billion in ticket sales at the 2019 worldwide box office — or as much as 46 percent of the $15.9 billion collected by movies released on more than 1,000 screens, including revenue from titles inherited following the Disney-Fox merger.
With five months left to go in 2019, Disney is just days away from eclipsing the industry record set in 2016 when its movies collected $7.6 billion for the full year.
Some insiders say Disney could make $10+ billion this year. They are dominating Hollywood and once their streaming service hits, they’ll be dominating your living room.
Disney and Amazon are about to take over the world.