‘Finding Dory’ Still Top Movie of 2016

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Updated Published
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.
‘Finding Dory’ Still Top Movie of 2016

© Thinkstock

The summer release of major movies is nearly over. The most recent high budget flop was “Ben-Hur,” a remake of the Charlton Heston classic. It did a pathetic $11.4 million at the box office, overwhelmed by “Suicide Squad,” an improbably winner of three weekend box offices in a row. Its take hits $262.3 million, which put it at the number eight spot among the gross of all films this year. However, it is not even close to the results of “Finding Dory,” the 2016 champion with a take $478.5 million so far.

Animated films have often given films with actors a run for the money. This dates back at least to Walt Disney and Mickey Mouse days. It is also a testament to the value of franchises. “Finding Dory” is a follow on of “Finding Nemo,” made in 2003. Even a sequel made 12 years later works.

In the third spot so far this year, “Jungle Book” has raked in $363.2 million. It is a remake of a movie from 1967. The animated “The Secret Life of Pets,” made by the Universal division of Comcast Corp. (NASDAQ: CMCSA), took the number five spot at $346.7 million. “Zootopia,” another animated film, was in the number six spot, at $341.3 million.

[nativounit]

Animation was only one part of the formula for box office success. “Captain America: Civil War” was in the number two spot with $407.7 million. The character has appeared in several films recently. He was born in a comic book in 1941. “Batman v Superman: Dawn of Justice,” made by the Warner division of Time Warner Inc. (NYSE: TWX), took the number seven spot with a box office haul of $330.4 million. “X-Men: Apocalypse” was in ninth place at $154.4 million. Just behind was “Star Trek Beyond” at $146.8 million, the grandchild of a 1966 television show that starred William Shatner, who at over 80 remains a celebrity.

If not an animated film, then a sequel. Almost nothing else worked this year. The formula is not perfect. The first “Ben-Hur” was made in 1959.

[wallst_email_signup]

Photo of Douglas A. McIntyre
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.

Continue Reading

Top Gaining Stocks

CBOE Vol: 1,568,143
PSKY Vol: 12,285,993
STX Vol: 7,378,346
ORCL Vol: 26,317,675
DDOG Vol: 6,247,779

Top Losing Stocks

LKQ
LKQ Vol: 4,367,433
CLX Vol: 13,260,523
SYK Vol: 4,519,455
MHK Vol: 1,859,865
AMGN Vol: 3,818,618