Disney’s purchase of Marvel almost ten years ago has resulted in one of the most lucrative box office runs in history. Since the release of the film Iron Man in 2008, Marvel Studios has grossed over $18 billion in ticket sales. Disney (NYSE: DIS) acquired Marvel for just $4 billion. With the recent release of Avengers: Endgame, Disney is riding high again. The film grossed $1.21 billion internationally in its opening weekend. This shows Disney’s continued strength in the blockbuster movie market and it’s a promising sign for investors.
Disney Dominates Domestic Box-Office Openings
Any investor looking for evidence of Disney’s money-making power only needs to look at recent box office records. Barring a single film (Jurassic World), Disney completely dominates the domestic opening weekend Top 10.
- Captain America: Civil War earned $179 million in its opening weekend.
- Incredibles 2 earned $183 million.
- Avengers: Age of Ultron earned $191 million.
- Black Panther earned $202 million.
- Marvel’s the Avengers earned $207 million.
- Star Wars: The Last Jedi earned $220 million.
- Star Wars: The Force Awakens earned $248 million.
- Avengers: Infinity War earned $258 million.
- Avengers: Endgame earned $350 million
Disney’s Marvel films have been a significant force in revenue growth over the past five years. At the end of the last fiscal year, revenue was up 8.24%, for a record $59.47 billion.
Marvel, the Star Wars franchise, and several successful in-house Disney franchises will continue to drive revenue in the years to come. Upcoming remakes of Disney’s Aladdin and The Lion King are expected to generate significant international revenues.
Disney Avengers Stock Could Climb
Avengers: Endgame box office performance should benefit Disney’s stock. It will also help to make back the $356 million that was spent producing the film. Successful Disney films mean more follow up Blu-Ray and digital sales, increased attendance at Disney theme parks, and higher merchandise sales. This all boosts Disney’s bottom line.
Disney stock has rallied in the market this year, gaining 27.61% since January 1. Investors should see the success of Avengers: Endgame as a win for the company. It’s a strong reminder that Disney and its subsidiary studios can dominate the box office, generating impressive revenue and continued returns for shareholders.
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