Domestically, the company’s film slate has brought in more than $2.1 billion in 2019, which accounts for 35% of the market.
And this weekend, the windfall from the photorealistic reboot of “The Lion King” is going help Disney secure its perch at the top of the US box office.
The film, which is a reboot of its 1994 animated hit, has already made $23 million on its opening night Thursday. Analysts are expecting it to make around $150 million in the North American box office by Sunday.
Beyoncé and Donald Glover, along with an all-star cast, are lending their voice work to the film, which means it might not matter that “The Lion King” is not favored among critics (it has a 56% score on review site Rotten Tomatoes).
“It faces challenges including mixed reviews and fans of the original questioning the need for this newly re-imagined telling, but it’s looking like the allure of the film, particularly for kids, will be incredibly strong,” Dergarabedian said. “Any negative reviews that may influence parents will likely be offset by their children who are absolutely going to be a strong influence on their parent’s decision to head to the multi-plex.”