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Superheroes propel Disney to $4B at box office

Jacob Pramuk
Updated
Bertrand Guay | AFP | Getty Images. Walt Disney Studios has topped $4 billion at the box office this year, helped along by Marvel superhero films and animated flicks.

Walt Disney (NYSE: DIS)'s vast catalog continues to fuel box office magic.

The entertainment giant's Walt Disney Studios on Thursday announced it has raked in $4 billion at the global box office this year. It marks the third consecutive year Disney reached the threshold.

Its 2009 acquisition of Marvel Entertainment, at a steep $4 billion, continues to produce hits, despite fears that the film market is oversaturated with superheroes. "Marvel's Avengers: Age of Ultron" and "Marvel's Ant-Man" grossed $1.4 billion and $410 million worldwide, respectively.

The Pixar animated film "Inside Out" recently passed $800 million globally. Disney still has two highly-anticipated releases slated for this year in "Star Wars: The Force Awakens" and "The Good Dinosaur."

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The studio also outlined release dates for other sequels and originals, including:

  • "Cars 3" (June 2017)

  • "Coco" (November 2017)

  • "Black Panther" (February 2018)

  • "Toy Story 4" (June 2018)

Disney shares were trading slightly higher Thursday afternoon.



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