"Inside Out 2" sold nearly $300 million in ticket sales worldwide for its debut weekend, giving Disney the theatrical animation hit it needs to get back on track. Two updated attractions will open at Disney World's Magic Kingdom in the next 30 days, spurring guest interest, merchandise sales, and an interest in older animated properties.
Entertainment powerhouse The Walt Disney Co. NYSE: DIS has already had a drama-filled year. CEO Bob Iger had to fend off a proxy battle for board seats with billionaire activist investor Nelson Peltz and his Trian Fund.
Shares in Walt Disney Co (NYSE:DIS, ETR:WDP) are set to open more than 1% higher after its latest Pixar film Inside Out 2 broke several box office records over the weekend. Global showings of the family comedy generated an estimated £232.6 million (US$295 million) over the first three days of its release.
Hollywood's summer movie anxieties gave way to joy this weekend with the massive debut of Disney and Pixar's “Inside Out 2.” The animated sequel earned $155 million in ticket sales from 4,440 theaters in the U.S. and Canada, according to studio estimates Sunday.
It may seem counterintuitive, but the addition of anxiety, embarrassment, ennui and envy seemed to be exactly what was needed at the box office as "Inside Out 2," which saw its teenage main character introduced to emotions for the first time, grossed $155 million in its first few days to become the year's best opening—and the second best opening ever for a Pixar animated film.
Pixar's “Inside Out 2” generated an estimated $155 million in U.S. sales in its opening weekend, the strongest debut for a film this year and a jolt for the summer box office.
Disney and Pixar's "Inside Out 2" debuted with an estimated $155 million domestically, the second-highest theatrical opening of an animated film. It is the first film since Warner Bros.
Animated Pixar movie "Inside Out 2" made an estimated $155 million in U.S. and Canadian ticket sales over the weekend, according to estimates released on Sunday.
Disney's current valuation hovers just below $200 billion. CEO Bob Iger currently stake is likely around 2.4 million shares worth roughly $240 million.
A look at the Walt Disney Co (NYSE: DIS) stock chart shows how long investors have suffered.
Disney owns attractive media properties. The company has made some progress on the CEO's strategy.
Disney's and Pixar's “Inside Out 2” has already grossed $13 million in Thursday previews on its way to a projected $80 million to $100 million domestic opening weekend, multiple outlets reported Friday, putting the Disney sequel on track to land the coveted title of biggest movie of 2024, so far.