Disney breaks $5B mark

  • 22/12/2015
White House Press Secretary Josh Earnest appears in the briefing room with Star Wars Stormtroopers and R2-D2 (Reuters)
White House Press Secretary Josh Earnest appears in the briefing room with Star Wars Stormtroopers and R2-D2 (Reuters)

The latest Star Wars film currently destroying box office records seems to have helped Walt Disney Studios break a record of its own, making more than US$5 billion for the first time.

Capitalising on three of its powerhouse brands – Pixar, Marvel and Lucasfilm – the studio has reached new heights, Variety reports.

Its previous full-year record was US$4.73 billion which was set in 2013.

Star Wars: The Force Awakens made US$248 million in the US market on debut, with the global launch netting US$529 million.

It beat previous title holder Jurassic World which took in US$208.8 million in the US and US$524 million worldwide.

It isn't the first studio to surpass the figure, with Warner Bros. and Fox both crossing the threshold in previous years and Universal hitting US$6.8 billion with help from Jurassic World and Furious 7.

The year hasn't been all gold for Disney, with Pixar's The Good Dinosaur a relative flop in comparison to their previous films.

The animated film made US$189.8 million on a US$200 million budget.

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