Exactly 100 years ago, on Oct. 16, 1923, renowned cartoonist Walt Disney and his brother Roy established the Disney Brothers Cartoon Studio in Hollywood, California. The company embarked on its journey with animated short films and eventually became a powerhouse in the film industry, producing some of the most iconic spectacles.
In 1934, the Mouse House commenced its first feature-length animated film, a monumental project involving 300 animators. Despite surpassing its budget by 400%, the film titled Snow White and the Seven Dwarfs achieved tremendous success upon its release in December 1937, providing much-needed relief to the studio.
Today, the Walt Disney Company has evolved into a multifaceted corporate behemoth encompassing various industries, such as filmmaking, TV and web series production, theme park operations, and merchandise sales. However, media and entertainment remain its primary source of revenue. Its biggest movies consistently achieve box office receipts nearing the coveted $1 billion mark, with some surpassing it.
However, when adjusted for inflation, renowned Disney film classics like The Lion King, Toy Story, and Frozen—which were undoubtedly mega-hits in their own right—do not make it to the top 10 highest-grossing movies in the US, according to data from film industry website The Numbers. (However, they fare better internationally in terms of box office performance).
The top 10 highest-grossing movies in the US reflect the dominance of two major cinematic universes: Lucasfilm’s Star Wars and Marvel’s Avengers franchises.
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