Disney fourth installment of the “Toy Story” franchise hit over $1 billion in global box office sales, the company announced this week. The film is Disney’s fifth billion dollar release this year.
“It is almost comical,” Sean O'Connell, the managing director of Cinemablend, said of Disney’s success.
“Toy Story 4” was made by Pixar, a Disney ($DIS) subsidiary, and released domestically on June 20, boasting over $120 million in its debut weekend. To date, the film has grossed over $421 million in the U.S. and nearly $580 million internationally.
Disney’s other films that hit $1 billion in sales this year include “Captain Marvel,” “Aladdin,” “The Lion King” and “Avengers: Endgame.”
In total, Disney has so far had four animated films reach the $1 billion milestone: “Incredibles 2,” “Finding Doy,” and “Toy Story 3,” which was in 2010.
“I want some other studios to step up and put out movies that break through the culture zeitgeist,” O’Connell said. “And it is not happening right now.”
O’Connell added that Disney’s success this year is significant, especially since the studio does not have any expected hits for release in 2020. Yet with four months left in the year, Disney still has a strong lineup coming with the release of “Frozen 2” in November and "Star Wars: The Rise of Skywalker" in December.
Disney's stock has been up roughly 23 percent year-to-date.
Chris Vecchio, senior analyst at DailyFX, joins Cheddar News to discuss what investors should watch as the three major indexes see wild swings all week.
On this episode of ChedHER: Avery Cyrus, one of TikTok's top LGBTQ creators discusses her partnership with Space Hero to become a citizen astronaut, and how she's using her platform on social media to give back; Boss Women Media Founder breaks down how she's empowering female entrepreneurs with 'Boss Business Showers;' Palmly Co-Founder explains how she's building a social networking app for Christians.
Rita Brooks, Co-Founder of Palmly, joins ChedHER to discuss how she's creating a social networking app for Christians, and her experience being a female founder in the tech industry.
Avery Cyrus, one of TikTok's top LGBTQ creators, joins ChedHER to discuss her partnership with Space Hero to become a citizen astronaut, and how she's using her platform on social media to give back.
A year after the r/WallStreetBets community on Reddit drove GameStop and other meme stocks to unprecedented heights, the subreddit seems to be losing its luster among retail investors. Caitlin McCabe, markets and retail trading reporter from The Wall Street Journal, joined Cheddar to talk about the waning popularity of the group “Users are going on to find the next GameStop, and instead, they're seeing many of the new users who have joined the subreddit still talking about GameStop and AMC," McCabe noted. "And, they've become frustrated as they're ready to move on from those original meme stocks."
Marty McDonald, Founder of Boss Women Media, joins ChedHER to discuss how she's empowering female entrepreneurs with 'Boss Business Showers,' and advice for turning your side hustle into a career.
Plant-based meat giant Beyond Meat's reign over the fast food world continues, as McDonald's announced that it is expanding its test of Beyond's McPlant burger, to nearly 600 restaurants, an increase from the eight that it's been testing in since November. This comes less than two weeks after Beyond Fried Chicken made its nationwide debut at KFC restaurants, the first time that plant based chicken has been widely distributed in a fast food capacity. Arun Sundaram, Senior Equity Analyst at CFRA Research explains why these latest collaborations may be proof that Beyond Meat products could slowly be becoming an unlikely staple in the fast food and chain restaurant world as consumers opt for more healthy food options.
