Disney Claims 2017 Domestic Box Office Throne For The Second Consecutive Time
Walt Disney Studios continues its lucky streak at the domestic box office in 2017. This is the second year in a row that the studios bagged billions of dollars from market shares even with fewer movies released.
Disney pulled in $2.27 billion at the domestic box office this year thanks in large part to Star Wars: The Last Jedi and Beauty and the Beast. The live-action remake of the fairy tale classic is reportedly still the top-grossing film of 2017 at the domestic box office, with $504 million sales. The Last Jedi, on the other hand, currently has $423.3 million domestically and $800 million globally. The science fiction film from director Rian Johnson is expected to surpass Beauty and the Beast and hit the $1 billion mark in the next few days.
According to the box office tracker comScore, Disney had a 21.3 percent market share as of Dec. 25. It reigned supreme over its rival studios Warner Bros. and Universal, which finished with 18.9 percent and 14 percent market share, respectively. Warner earned $2.02 billion, and Universal hauled $1.49 billion at the domestic box office.
This is an impressive and remarkable win for Disney despite the fewer films it released this year. The studios only released 12 titles. Warner Bros. and Universal Studios, on the other hand, released 31 and 17 movies, respectively.
Walt Disney Studios began the year with billions of earnings at the domestic box office with films from the Marvel Cinematic Universe (MCU). Aside from Star Wars: The Last Jedi and Beauty and the Beast, Guardians of the Galaxy Vol. 2 bagged $389.8 million, and Thor: Ragnarok ended with $309.1 million at the domestic box office.
Other notable films that contributed to Disney's domestic box office success in 2017 include Pirates of the Caribbean: Dead Men Tell No Tales, with $172.6 million, and the animated film Coco, with $167.3 million. Cars 3 is the seventh-highest earner, with $152.9 million at the box office.
This is the second year in a row that Walt Disney Studios sits atop the domestic box office even with minimal titles released. In 2016, the studios also only released 16 titles. However, the sales dipped from last year. In 2016, the studios earned $2.85 billion at the domestic box office. Warner Bros., on the other hand, increased their sales from $1.88 billion in 2016.
Meanwhile, other studios aside from Walt Disney Studios that ranked at the domestic box office include Fox, which took the fourth spot, and Sony came in fifth. Lionsgate and Paramount Studios landed on the sixth and seventh rank, respectively.