Deadpool & Wolverine” Surges to $824M Globally as Disney Crosses $3B Ticket Sales Milestone
Editor Thenews24.net
1 min read
Walt Disney Co (NYSE) and Marvel Studios’ blockbuster “Deadpool & Wolverine” has made a significant impact at the box office, grossing an impressive $824 million worldwide after just two weekends. The film, which features Ryan Reynolds and Hugh Jackman returning to their iconic roles, set a new record for R-rated films with a $38.5 million haul in Thursday previews.
Surpassing the total theatrical runs of 2016’s “Deadpool” ($783 million) and 2018’s “Deadpool 2” ($786 million), “Deadpool & Wolverine” has quickly risen to become the second-highest grossing film of 2024, trailing only “Inside Out 2” ($1.555 billion). It also ranks as the third-highest grossing R-rated movie of all time, following “Joker” ($1.07 billion) and “Oppenheimer” ($975 million). The film is expected to join the billion-dollar club shortly.
In a remarkable achievement, Disney has become the first studio in 2024 to surpass $3 billion in global ticket sales, thanks to four major releases: “Deadpool & Wolverine,” “Inside Out 2,” “Kingdom of the Planet of the Apes” ($397 million), and “The First Omen” ($53 million).
The film has also excelled in premium formats, generating $17.5 million in global weekend sales and a total of $64.5 million. Since acquiring Marvel for $4 billion in 2009, Disney has seen Marvel add approximately $13.2 billion in value, according to March reports from the Hollywood Reporter.
Despite reporting a 1% revenue increase year-on-year to $22.08 billion in May, Disney’s results fell slightly short of the $22.11 billion forecast by analysts.
For investors interested in Disney, exposure can be gained through SPDR S&P 500 (NYSE) and Vanguard S&P 500 ETF (NYSE).