Disney's "The Lion King" reached another milestone in the cinemas after less than three weeks and passed the billion-dollar mark.
The film combines "Avengers: Endgame", "Captain Marvel" and "Aladdin" as the fourth Disney title, surpassing $ 1 billion in global ticket sales this year. This is further proof of the company's absolute dominance in film space. With its blockbuster Heavy Slate, Disney holds almost 38% of its domestic market share, a drop that rises to over 40% when Fox, the studio that bought its parent earlier this year, is included.
Director Jon Favreau's hyperrealistic remake of the animated classic is already the fifth largest global release of the year. "The Lion King" has earned $ 361
The milestone follows another Disney benchmark. Last weekend, the company set a new record for worldwide ticket sales for a single studio. Disney surpassed $ 7.67 billion worldwide, outperforming the $ 4 billion mark set by Disney in 2016. Disney has "Frozen 2", a sequel to "Maleficent," and "Star Wars: The Rise of Skywalker" on deck for the remainder of the year. This means that there is a terrible chance that Disney will bring in at least another $ 1 billion more by January.