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<pre><pre>Disney breaks records with the best box office year in history

Disney earned more money in the first seven months of 2019 than any studio has ever earned in one year, to date earned $ 7.67 billion at the global box office. It is an understatement to call that a major achievement for the House of the Mouse. It is more a testimony to how powerful Disney has become as a monolith.

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But it is an achievement that will inevitably not be implemented in 2020. 2019 is an anomaly for Disney. A large part of that impressive number comes from the record-breaking success of Avengers: Endgame, which raised more than $ 2.8 billion worldwide and has appropriated itself avatar as the most profitable film of all time. Captain Marvel was another unusually high earner, the sixth highest-earning Marvel film of all time, exceeding $ 1 billion at the box office. The remakes of the company The lionking and Aladdin performed well at the register (though Dumbo was a financial disappointment), and that of Pixar Toy Story 4 brought in more than $ 900 million himself. It was an important year for brand recognition and payment.

Disney & # 39; s 2020 is much less full of anticipated films. There are a few major titles from almost every major Disney daughter studio, including live-action changes from Mulan and 101 dalmatiers, Black Widow and The eternals from Marvel, and Forward from Pixar. None of them have the cultural weight and recognition of Endgame, The Lion Kingor a Toy story movie. West Side Story, New Mutants, Bob’s Burgers, and The King & # 39; s Man, all of the recently acquired 20th Century Fox, will help Disney & # 39; s year complete, but investors still expect Disney & # 39; s 2020 theatrical releases to win much less then that of 2019.

Usually a large, highly visible loss of income would be a bigger concern for Disney, but the theatrical releases of 2020 will not be the primary focus of the company. Disney +, the company's streaming service, will be launched on November 12. At the start of 2020 it will be merged with other direct-to-consumer streaming platforms such as Netflix, Amazon Prime Video and HBO Max from WarnerMedia. It is one of the largest companies that Disney has taken on in recent years. Instead of focusing on watching people at the cinema (which they will still do), it's about people spending $ 7 a month for yet another form of home entertainment.

Disney managers have thought about this. They have converted a number of theatrical titles into exclusive Disney + (the Lady and the Tramp remake, Noelle), and almost all of the company's films and TV series took from streaming competitors, so that they can exist exclusively on Disney +. Disney will receive a financial blow from earmarking titles such as Lady and the homeless person as exclusive streaming, but the company is willing to accept that risk for a strong launch.

"Shifting titles from the theater to SVOD can cost Disney, at least in the short term, more lost revenue than it would collect on SVOD," analyst Matthew Bell wrote. “But it does mean that Disney can assure the success of its most important business unit at the touch of a button. No other service has such strong pocket cards. & # 39;

Disney expects to have around 12 million subscribers in the United States by the end of 2020. According to estimates by Morgan Stanley analyst Benjamin Swinburne, according to Stan Stan analyst Benjamin Swinburne, that will grow within the next five years. as reported by Variety. These are exciting figures, but it will take until 2024 for Disney + to make a profit, according to executives. And in a busy market full of consumers who are tired of individual streaming services, they will only reach those numbers with a catalog of exclusive titles that have great lasting appeal.

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In essence, Disney has none Endgame or Lion King in 2020. It should only get those movies on Disney +. As Laura Martin, an analyst at Needham & Co., said Bloomberg in May, "This is a big empire now, so nobody has as much influence on it as before."