North American Box Office Posts Record $11.4-B in 2016

North American Box Office Posts Record $11.4-B in 2016

North American Box Office Posts Record $11.4-B in 2016

$DIS, $CMCSA, $FOXA, $TWX

Animated family films played a huge part in the NA Box Office boom in Y 2016, Deadpool’ was the top-grossing Superhero film of the year domestically.

Revenue at the North American box office came in at $11.36-B in Y 2016, setting a new high mark and up 2.1% from last year’s record $11.14-M, according to industry estimates.

An official tally will be released this coming Tuesday morning once studios report final numbers for the New Year’s weekend.

Disney (NYSE:DIS) was the year’s big winner and growth driver, capped by Disney and Lucasfilm’s Christmas tentpole Rogue One: A Star Wars Story, which will finish New Year’s weekend with nearly $430-M in domestic ticket sales, the 2nd-best showing of Y 2016 behind fellow Disney release, Pixar’s Finding Dory ($486.3-M).

Disney and Marvel also claim the # 3 film on the Y 2016 box office chart of top earners with Captain America: Civil War ($408.1-M).

Animated family films showed unusual strength in Y 2016, whether from Disney or other studios. Illumination and Universal’s The Secret Life of Pets is the No. 4 title ($364-M). Illumination and Universal, a unit of Comcast (NASDAQ:CMCSA) also are seeing huge returns for Christmas entry Sing, which will wind up New Year’s weekend with a total $178-M domestically.

Disney’s live-action family title The Jungle Book rounds out the 2016 Top 5 chart with $364-M.

Fox’s (NASDAQ:FOXA) R-rated Deadpool will finish as the top-grossing superhero title behind only Captain America: Civil War with $363.1-M to take the # 6 box office spot.

Disney Animation Studios’ Zootopia ($341.3-M), Warner Bros.’ Batman Vs. Superman: Dawn of Justice ($330.4-M), Warners’ Suicide Squad ($325.1-M) and Star Wars: The Force Awakens, which earned $284.7-M in Y 2016.

Disney commanded more than 26%.

Have some fun see a movie this week.

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Paul Ebeling

Paul A. Ebeling, polymath, excels in diverse fields of knowledge. Pattern Recognition Analyst in Equities, Commodities and Foreign Exchange and author of “The Red Roadmaster’s Technical Report” on the US Major Market Indices™, a highly regarded, weekly financial market letter, he is also a philosopher, issuing insights on a wide range of subjects to a following of over 250,000 cohorts. An international audience of opinion makers, business leaders, and global organizations recognizes Ebeling as an expert.

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