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"Frozen 2": Breaking the Record of Revenue | Israel today

2020-01-06T11:29:23.037Z


US movie theaters revenues in 2019 put in huge sums • Six of the $ 1 billion films belonging to Disney Cinema


US movie theater revenue in 2019 was nice ($ 11.36 billion), but did not break last year's record • By contrast, Disney broke a record with US $ 4.3 billion in revenue, and more than three times the world

  • "Breaking Ice 2", the most lucrative animation ever

US movie theaters posted $ 11.36 billion in 2019 - a respectable achievement but not one that broke last year's record. Last year, revenues reached a record $ 11.88 billion. Many experts estimate that the 2019 figure will hit record highs last year, however. Ultimately, this is a 4.4 percent drop.

At the same time, Disney Studios ended 2019 with an unprecedented record of revenue: $ 4.3 billion in the U.S. (more than a third of all box office revenue) and a total of $ 13.2 billion worldwide. This figure (which also includes films from Fox Studios Disney bought) is nothing short of amazing. Disney's worldwide revenue is higher than the total revenue of the entire U.S. movie industry in 2019.

For example, Warner Bros. Studios, Universal Studios and Sony Studios put together a little less than Disney's US revenue. Each of those veteran studios made $ 1.4 billion this year.

Six of the eight films that hit the $ 1 billion box office worldwide in 2019 are Disney's. Heading "Avengers: End of the Game," which officially became the most profitable movie ever in July with a total of nearly $ 2.8 billion. It is rated "The Lion King" with $ 1.6 billion and "Breaking the Ice 2" by close to $ 1.3 billion (the movie is still running in theaters), and it is also the most lucrative animation film in history ("The Lion King" is not considered animation, but as an adaptation computer). The other members of the billion-dollar film club in 2019 are "Story 3 Toy," "Captain Marvel," "Aladdin" (all Disney), as well as Warner Studios' Joker and Spider-Man: Far from Home. Sony.

Disney's "Star Wars: The Rise of a Seekwaker," which only surfaced two weeks ago, is expected to join the prestigious club in the coming days and cross the billions of dollars. The spin-off movie "Fast and Furious: Hobbes and Show" ranks tenth in 2019 revenue with $ 760 million. In general, you can also see this year prominent films at the summit which are mortgages or remakes.

The 2019 revenue figures once again raised the issue of streaming and the ongoing debate over how changing viewing habits are hurting cinemas. Vice President of the American Cinema Association Patrick Curran told Variety that "watching streaming is not an alternative to the cinema experience. It's a different thing and people are still interested in going home for the cinema experience. The combination of cinema and streaming makes all parties go out."

Netflix, which has traditionally avoided reporting accurately on its watch data, has reportedly had the success of two of its spoken films over the past two months: Martin Scorsese's "The Irish" and "Marriage Story" with Scarlett Johansson. Both films have a prominent presence during the ceremonial season, which officially kicked off. Although the streaming giant has distributed both films in the cinema in the traditional way, the "Irish" has created difficulties among leading cinema networks, who have refused to accept that the film will be limited to a limited number of screenings. After that Netflix had to settle for small movie theaters.

Boxing revenue expert Jeff Bock told Variety that "the biggest challenge for movie studios is to keep talents in demand from streaming providers. All new content producers are entering an era where the small screen has the luxury and rewards capability of cinema, even more. In addition, television gives the filmmakers more creative freedom and allows them to increase their audiences - which works against the film industry. "

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Source: israelhayom

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