During 2019, Disney made an unexpected profit from just their movies; everyone knew they would make a large sum of cash, but Disney has managed to make more than $10 billion from their movies alone. With merchandising, their revenue is much higher.
It’s no surprise the profit was so high; eight of the ten top grossing films of 2019 were Disney’s creations. Along with this, Disney also released their new streaming service, Disney+, which also reaped in an impressive amount of revenue for Disney. Now, the new Star Wars movie, The Rise of Skywalker, is determined to bring even more success and prosperity to the Mouse, despite the 1% decrease in stocks from a bad box office weekend. While the Star Wars franchise has been a bit lackluster in recent years, it is likely that the final installment will be more than enough to make a large profit.
Disney has become a dominant power in the box office for many years, and it makes sense that this successful pattern will continue. However, it seems uncertain whether or not Disney will do just as well during 2020 with their much less anticipated movies. While 2019 held exciting movies like Avengers Endgame and Toy Story 4, 2020 holds fewer anticipated movies. For example, Disney will be bringing major titles like Black Widow or The Eternals, but these titles can’t compare to the excitement that Avengers Endgame and Spiderman Far From Home provided.
If the quality of their movies continues to be superb, Disney is in an excellent position to rule the box office for years to come.
by Nathan Park