English Entertainment
Disney hits $4 billion at global box office in record time; lines up 22 films till 2020
MUMBAI: Walt Disney Studios has crossed the $4 billion mark at the global box office, beating its previous studio record by nearly six weeks.
As of 7 October, 2015, Disney collected $1.4 billion in the US and Canada and $2.575 billion at in international markets. This is the third consecutive year the studio has breached the $4-billion box office milestone.
The studio’s revenues in 2015 were driven by the worldwide success of Marvel’s Avengers: Age of Ultron, Disney•Pixar’s Inside Out, Disney’s Cinderella and Marvel’s Ant-Man.
In addition, Inside Out has crossed the $800 million mark at the global box office. It’s the third highest grossing Pixar film of all time and made its debut in China this week.
Additionally, Walt Disney Studios has also unveiled new and updated release dates for several upcoming projects.
Marvel unveiled Ant-Man and the Wasp, a sequel to this summer’s Ant-Man, which is set for release on 6 July, 2018. Black Panther will now open 16 February, 2018, and Captain Marvel is set for 8 March, 2019.
Three new films are set for 2020, the titles of which will be revealed at a later date.
Pixar will release Cars 3 on 16 June, 2017, Coco on 22 November, 2017, and The Incredibles 2 on 21 June, 2019. Toy Story 4 will now debut 15 June, 2018. Two new (as-yet-untitled) Pixar films are set for 2020.
Building upon the success of films such as Cinderella and Maleficent, Disney Live Action selected release dates for four fairy tale films in the coming years: one in 2017, one in 2018, and two in 2019.
Next up is The Jungle Book in April 2016, followed by Alice Through the Looking Glass in May and Pete’s Dragon in August.
Finally, Gigantic, a unique take on Jack and the Beanstalk from Walt Disney Animation Studios featuring music from Oscar-winning songwriters Kristen Anderson-Lopez and Robert Lopez, will be released on 9 March, 2018. A new Walt Disney Animation Studios film is set for November 2020 and a new Disneytoon Studios film is due out in April 2019.
Walt Disney Studios head of distribution said, “2015 has been a record-setting year both domestically and internationally thanks to a strong slate of films from all of our brands. With an incredible pipeline of both original stories and anticipated sequels featuring our most beloved characters, we are set to deliver some fantastic movies well into the future.”
English Entertainment
Ellison takes his Paramount-Warner Bros case straight to theater owners
The Skydance chief goes to CinemaCon with promises and a skeptical crowd waiting
CALIFORNIA: David Ellison strode into a room packed with thousands of cinema owners and executives at CinemaCon in Las Vegas on Thursday and did something rather bold: he looked them in the eye and asked them to trust him.
The chief executive of Paramount Skydance vowed that his company would release a minimum of 30 films a year if regulators greenlight its proposed $110 billion acquisition of Warner Bros Discovery, a deal that has made theater owners deeply, and loudly, nervous.
“I wanted to look every single one of you in the eye and give you my word,” Ellison told the crowd. “Once we combine with Warner Bros, we are going to make a minimum of 30 films annually across both studios.”
It was a confident pitch. Whether it landed is another matter. Cinema operators have already called on regulators to block the deal, and scepticism in the room was hardly concealed.
Ellison pushed back by pointing to recent form. Paramount, born from the merger of Paramount Global and Skydance Media last August, plans to release 15 films this year, nearly double the eight it put out in 2025. Progress, he argued, was already underway.
He also threw theater owners a bone they have long been chasing: all films, he pledged, would run exclusively in cinemas for a minimum of 45 days, drawing applause from a crowd that has spent years fighting for exactly that commitment across the industry.
“People can speculate all they want,” Ellison said, “but I am standing here today telling you personally that you can count on our complete commitment. And we’ll show you we mean it.”
Fine words. The regulators, however, will have the last one.
