Dow 30 Component Disney (DIS) To Release New Superhero Films in 2019
Dow 30 Component, The Walt Disney Company (DIS), and its subsidiaries is a diversified worldwide entertainment company that operates in four business segments: Studio Entertainment, Media Networks, Parks and Resorts, and Consumer Products & Interactive Media.
According to Disney’s record-breaking 2018 for the U.S. box office, people seem to be getting enough of the superhero movies, which bodes well for Disney in the upcoming year.
More than $11.38 billion was brought in domestically as people went to the theaters to view the blockbusters of the year. Of the top five highest-grossing films of 2018, four of the films were superhero movies (Black Panther, Avengers: Infinity War, Incredibles 2, Jurassic World: Fall Kingdom, and Deadpool 2), three which were distributed by Disney (Black Panther, Avengers: Infinity War, Incredibles 2).
All in all, nine superhero films were released in 2018 and grossed over $2.9 billion at the domestic box office or 25.5% of total ticket sales.
The continued audience interest in superhero movies is good news for Disney who is set to release two more Marvel films in 2019: “Captain Marvel” and “Avengers: Endgame”.
More comic book-inspired movies set to hit the big screen in the next year include “Shazam”, “Joker”, and “Spider-Man: Far from Home”.
Many have projected that Disney will have its best year at the box office in 2019 with the release of its superhero films and other films including the sequel to “Frozen”, the fourth installment of “Toy Story”, and live-action remakes of “Dumbo”, “Aladdin”, and “The Lion King”.
Vista Partners LLC (”Vista”) is a California Registered Investment Advisor based in San Francisco. Vista delivers timely and relevant insights via the website: www.vistapglobal.com with daily stories, weekly market updates, monthly macroeconomic newsletters, podcasts, & Vista’s proprietary equity and market research to help you stay informed and stay competitive. Vista’s mission is to invest partner capital while arming investors with a comprehensive global financial perspective across all market sectors. Vista also seeks to provide select issuers with actionable advice regarding fundamental development, corporate governance, and capital market directives.
Stay Informed! Stay Competitive!