New Star Wars Ticket Sales Near $900 Million

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By Douglas A. McIntyre Updated Published
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New Star Wars Ticket Sales Near $900 Million

© Courtesy of Walt Disney Co.

Total domestic ticket sales of “Star Wars: The Force Awakens” may reach $900 million as soon as next week. As it does so, total sales worldwide should hit $2 billion, inching it closer to “Titanic,” which holds the number two position in worldwide sales at $2.18 billion, behind “Avatar” at $2.79 billion, according to Box Office Mojo.

Ticket sales of the most recent movie in the Star Wars franchise won’t reach those of the other two films. Its growth rate has slowed too much.

After opening weekend domestic sales of $246 million, the film has been in release for 45 days. The movie has already brought in enough money to offset the $200 million price to make the movie. However, in the most recent weekend, ticket sales reached only $10.7 million.
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The Star Wars franchise is one of the most beloved on the planet. Previously, George Lucas was in control of the franchise, but then sold it to Walt Disney Co. (NYSE: DIS) for just over $4 billion. Originally, 24/7 Wall St. calculated the value of the Star Wars franchise to be a whopping $30 billion over time.

The Star Wars: Episode VIII release date has been pushed back until December 2017. So another run at “Avatar” won’t start for almost two years.

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About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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