With this record, ‘The Lion King’ is on its way to becoming the second-biggest domestic opening of the year, behind only ‘Avengers: Endgame’.
The Lion King started off with $269 million for a global start of $433 million. The film launched in China last weekend and has since earned $98 million, boosting the worldwide haul to $531 million.
‘The Lion King’ has surpassed 2011’s ‘Harry Potter and the Deathly Hallows Part 2′ to become the biggest July opening movie ever.
Jon Favreau’s photorealistic remake of Disney’s 1994 animated movie, has been criticised for its poor ratings and reviews, yet it went on to have a groundbreaking performance over the weekend.
Disney now owns five of the top ten highest-grossing films of the year. Recall that Nairametricsreported that Disney and Marvel’s ‘Avengers: Endgame’ became the biggest movie of all-time globally.
Other Disney movies currently topping the charts include, ‘Captain Marvel’, ‘Toy Story 4’, ‘Aladdin’, and ‘Spider-Man: Far from Home’.
Disney’s domestic market share now stands at about 40% for the year, leaving Warner Bros in second place with 14%.
According to reports, Disney’s remake of ‘Aladdin’ is expected to cross $1 billion worldwide soon.‘Toy Story 4’, the movie from Disney’s Pixar division is also approaching that figure, as it now stands at a total of $859 million.
The movie was said to have overtaken the 21-year-old record set by ‘Titanic’ which grossed $2.12 billion in the box office. ‘Endgame’ ranks as the 42nd highest-grossing film of all time on the Box Office Mojo’s chart of inflation-adjusted grosses.
It had a worldwide record of $1.2 billion, including $357 million grossed in Nigeria.