AP, Disney

A New Highest-Grossing Film of All Time Is Crowned, as One Studio Dominates the Box Office

Jul 22, 2019  •  Post A Comment

It was a huge weekend at the box office for one movie studio, with records falling for the opening of Disney’s “The Lion King” while another Disney movie, “Avengers: Endgame,” became the highest-grossing film of all time.

The AP reports that “The Lion King” opened in 4,725 North American theaters, grossing $185 million, according to studio estimates on Sunday.

“Industry experts had pegged ‘The Lion King’ for a $150 million opening, which turned out to be far too modest a projection,” the AP reports. “Instead, with $185 million, Disney got a few records to boast about: It’s the ninth-biggest opening of all time, a July record (unseating ‘Harry Potter and the Deathly Hallows Part 2’), and a PG-rating record (taking over from ‘The Incredibles 2’).”

The report notes that Disney’s “Aladdin,” which is still in the top 10 after nine weeks in theaters, has made $989 million globally. “And, having opened in China a week early, ‘The Lion King’ has amassed over $531 million in just 10 days,” the AP adds.

Disney now holds five of the top six spots for the year, the report notes.

Meanwhile, Disney’s “Avengers: Endgame” added $1.5 million globally over the weekend to surpass “Avatar’s” all-time record, not accounting for inflation. “Avatar” grossed $2.789 billion worldwide, and “Avengers: Endgame” has now reached $2.79 billion.

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