The Lion King Becomes Disney’s Fourth $1 Billion Movie of 2019

The Lion King,Jon Favreau,Disney

Disney is definitely having a great year with three of its films accumulating over $1 billion at the box office. Disney also has two big films premiering at the end of year with "Frozen 2" in November and the final chapter of the Skywalker saga, "Star Wars: The Rise of Skywalker", in December. "The Lion King" brought in $75.5 million at the domestic box office and $143 million internationally, bringing its worldwide box office total to $963 million.

The studio also has the top five highest-grossing films at the USA box office this year.

"The Lion King" well on its way to joining fellow studio releases "Avengers: Endgame", "Captain Marvel" and "Aladdin" in the elusive billion-dollar club. The Lion King is the second-highest release of 2019 in Europe, the Middle East and Africa and is the highest-grossing release from Disney Live Action in Brazil, Mexico, Chile, Colombia, Peru, Central America, Trinidad, Uruguay, and Paraguay.

The billion-dollar mark used to be an impossible dream for Hollywood bean counters, but it's now become a high water mark reached by a handful of blockbusters in recent years.

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According to a news release , Mylan and Upjohn , the Pfizer subsidiary, hosted a Monday morning conference call with investors. During her tenure as CEO, Mylan was criticised for raising prices of its EpiPen, fixing drug prices and manufacturing delays.

This definitely doesn't seem like good news for fans exhausted of Disney's remakes. The animated flick also lost only 36.5 percent of its audience over last weekend, a drop that is far less than that of Lion King. If the film's performance is to be an indicator of what Disney should do next, we're probably going to guess even more remakes.

Disney's latest live-action film "The Lion King" is not just doing well overseas but in India as well.

Once on Time in Hollywood, Director Quentin Tarantino gave his largest opening ever while making fairytale figures.

"Disney's global domination is a reflection of what happens when you have some of the biggest brands in film", said Dergarabedian.

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