Disney’s US Studio Market Share Movies Toward 30%

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By Douglas A. McIntyre Updated Published
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Disney’s US Studio Market Share Movies Toward 30%

© Courtesy of Walt Disney Co.

There are a number of studies which produce and distribute movies in the U.S. The big ones are Walt Disney’s (NYSE: DIS), Time Warner’s (NYSE: TWX) Warner Bros. Sony (NYSE: SNE) Columbia, 21 Century Fox’s (NYSE: FOX) 20th Century Fox, and Comcast’s (NASDAQ: CMCSA) Universal. Walt’s Disney is about to take 30% of the overall domestic market, a nearly unprecedented level as ‘Avengers: Infinity War’ is released

On Friday, ‘Avengers: Infinity War’ produced domestic ticket sales of over $105 million. It is likely to be second best release in U.S. history behind only ‘ Star Wars: The Force Awakens’ which had first weekend ticket sales of $247 million. ‘Avengers: Infinity War’ is forecast to have ticket sales of $240 million. That will add to the success of ‘Black Panther”, also produced by Disney, with domestic ticket sale of $683 million this year.It opened February 16. The Black Panther character is also in ‘Avengers: Infinity War’ which should increase the film’s appeal

Disney’s market share through April 22 was 26.1%. Sales of ‘Avengers: Infinity War’ will move that ahead of $1 billion. The next studio on the list, Warner Bros., has a market share of 12.9%, followed by Sony/Columbia at 11.5% and 20th Century Fox at 11.4%. With its current lead, Disney may not be caught this year.

According to BoxOfficeMojo:

Following the record-breaking, $207.4 million opening for The Avengers in May of 2012, it took three years for another film to top the $200 million mark when Jurassic World debuted with $208.8 million in June 2015. Later that year Star Wars: The Force Awakens would go on to deliver the largest opening weekend ever, coming just shy of $250 million, en route to a domestic run topping $936 million. Since then, two more films have topped the $200 million mark over the course of their opening weekend in the recent releases of Star Wars: The Last Jedi and Black Panther, and with the release of Avengers: Infinity War this weekend, it isn’t so much a question of whether it will be the third film in the last five months to open over $200 million, but can it threaten Force Awakens’s all-time record?

An all time record for ‘Avengers: Infinity War’  could take Disney to a record annual year figure on a market share basis.

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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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