Box Office: ‘Frozen 2’ Drives Disney Past Record $3.2-B in North American Ticket Sales

Box Office: ‘Frozen 2’ Drives Disney Past Record $3.2-B in North American Ticket Sales

$DIS, $CMCSA, $SNE, $LGF

After posting ing up best-ever Thanksgiving numbers, the animated tentpole is days away from skating past $1-B globally.

Princess Anna and Queen Elsa delivered royal results for Disney (NYSE:DIS) over the Thanksgiving holiday.

Frozen 2 has driven the Top film studio past the $3.2-B mark in Y 2019 domestic ticket sales, a new industry record that eclipses the $3.09-B collected by Disney titles in all of Y 2018 and puts the company’s market share at more than 31%, according to Comscore estimates through Sunday.

That doesn’t include films Disney inherited from 20th Century Fox in late March, such as Ford v Ferrari.

Among film studios, Warner Bros. is # 2 in terms of domestic market share with $1.5-B, or 15%, followed by Universal with $1.4-B of 14.1%, Sony with $1-B, or 10.7%, Lionsgate with $678.1-M, or 6.6 percent, and Paramount with $557.6-M, or 5.4%, according to Comscore.

Fox movies have earned $489.8-M YTD, of 4.9%.

Disney had already set a new global mark in late July when it pasted $7.6-B in worldwide ticket sales after becoming the 1st Hollywood major to cross the $5-B threshold at the international box office.

Frozen 2 made Thanksgiving history in North America with an estimated 5-day take of $123.7-M after opening to a record $130.1-M over the 22-24 November weekend.

Frozen 2 is speeding toward the $1 billion mark after finishing Sunday with a domestic total of $287.6 million and a staggering $738.6 million cume globally.

Frozen 2 will become the 6th 2019 Disney release to join the billion dollar club.

The previous record for the number of $1 billion-plus films released by 1 studio in a given year was 4, a milestone achieved by Disney in Y 2016.

Globally, Disney’s 2019 titles are approaching the $10-B mark and, when including Fox, have surpassed $10.5-B. And it has yet to release Star Wars: The Rise of Skywalker, which is set to bow on 20 December.

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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