Monday, July 15, 2013

Disney Studios first to reach billion dollars

This seems like a surprise given the results for The Lone Ranger, but Disney Studios is the first studio to reach a billion dollars box office this year.  See this post at DIS News.
For the eighth year in a row, Disney Studios has hit $1 billion at the domestic box office. Disney is the first studio to reach that mark this year, despite the poor showing of their most recent film, The Lone Ranger.
Obviously one should not read too much into the results for a single movie.  There's some interesting math here. The Lone Ranger has made roughly $60-70 million as of this writing, although this is hard to know exactly, yet the Studios is pulling in over a billion.  That makes a loss on TLR easier to digest.  Maybe this should encourage Disney to not get too risk-averse, and try some new and creative ideas (but probably not a Western).

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