Disney took a quarter of 2018's record $11.9 billion domestic box office
The domestic box office officially finished just shy of $12 billion in 2018 — and Disney snapped up more cash than ever before.
Global box office revenue reached $41.7 billion in 2018, with a record $11.9 billion of that coming from the United States, per Variety. Both numbers are new records, and they're up from $39.9 billion globally and $11.1 billion in 2017. Yearly revenue overall increased 6.7 percent domestically, but more importantly, attendance also rose around four or five percent, The Hollywood Reporter notes. That number isn't settled yet, but any increase is great news after attendance had declined by 6.2 percent in 2017 and fears that streaming was killing movie theaters swept through the industry.
Disney, which released five of the year's 10 highest-grossing films domestically, had a particularly stellar year, making $3.09 billion in the United States, Entertainment Weekly reports. This is the studio's best domestic total ever, and it means that over one-fourth of the total yearly revenue in America went to the mouse, thanks in large part to Black Panther and Avengers: Infinity War.
The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
No other studio even made more than $2 billion in 2018. Coming in second place was Universal, which took in $1.96 billion domestically thanks to films like Jurassic World: Fallen Kingdom and Dr. Seuss' The Grinch. In third place was Warner Bros, the studio behind Aquaman and A Star Is Born that made $1.93 billion. But don't expect any of these rival companies to eke out a victory in 2019: With a slate that includes massive films like Avengers: Endgame, Aladdin, Toy Story 4, The Lion King, Frozen 2, and Star Wars: Episode IX, Disney is almost certainly on the verge of shattering its own record once again.
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
Brendan worked as a culture writer at The Week from 2018 to 2023, covering the entertainment industry, including film reviews, television recaps, awards season, the box office, major movie franchises and Hollywood gossip. He has written about film and television for outlets including Bloody Disgusting, Showbiz Cheat Sheet, Heavy and The Celebrity Cafe.
-
The Icelandic women’s strike 50 years onIn The Spotlight The nation is ‘still no paradise’ for women, say campaigners
-
Mall World: why are people dreaming about a shopping centre?Under The Radar Thousands of strangers are dreaming about the same thing and no one sure why
-
Why scientists are attempting nuclear fusionThe Explainer Harnessing the reaction that powers the stars could offer a potentially unlimited source of carbon-free energy, and the race is hotting up
-
Warner Bros. explores sale amid Paramount bidsSpeed Read The media giant, home to HBO and DC Studios, has received interest from multiple buying parties
-
Gold tops $4K per ounce, signaling financial uneaseSpeed Read Investors are worried about President Donald Trump’s trade war
-
Electronic Arts to go private in record $55B dealspeed read The video game giant is behind ‘The Sims’ and ‘Madden NFL’
-
New York court tosses Trump's $500M fraud fineSpeed Read A divided appeals court threw out a hefty penalty against President Trump for fraudulently inflating his wealth
-
Trump said to seek government stake in IntelSpeed Read The president and Intel CEO Lip-Bu Tan reportedly discussed the proposal at a recent meeting
-
US to take 15% cut of AI chip sales to ChinaSpeed Read Nvidia and AMD will pay the Trump administration 15% of their revenue from selling artificial intelligence chips to China
-
NFL gets ESPN stake in deal with DisneySpeed Read The deal gives the NFL a 10% stake in Disney's ESPN sports empire and gives ESPN ownership of NFL Network
-
Samsung to make Tesla chips in $16.5B dealSpeed Read Tesla has signed a deal to get its next-generation chips from Samsung
