Disney's Reign as Highest-Grossing Studio Ends for the First Time in Six Years
Disney's long-standing reign as the highest-grossing studio comes to an end in 2023, marking the first time since 2015 that they have been overtaken
In 2023, Disney lost its position as the top-grossing studio, marking the first time since 2015 that the company has been surpassed. With its extensive reach and successful track record, the Disney brand is a powerhouse in the entertainment industry, boasting not only its own branded content but also rights to popular franchises such as Star Wars and Marvel.
Disney has been a dominant force in the global box office, consistently leading as the highest-grossing studio for almost a decade. However, in a surprising turn of events, Universal Studios has surpassed Disney for the first time since 2015, according to a new article from Variety.
Disney is set to release a live-action The Little Mermaid in 2023, along with other highly anticipated projects such as Guardians of the Galaxy 3, Indiana Jones, and The Dial of Destiny. Despite their ambitious lineup, Disney continues to face challenges in making a significant impact at the box office.
Despite Disney releasing numerous big blockbuster films in 2023, the company has faced criticism from fans for the lack of quality in their productions, leading to disappointment among audiences and a lack of major box office success. On the other hand, Universal achieved success in the same year with hits like Oppenheimer and The Super Mario Bros. Movie, which collectively grossed $4.9 billion.
Disney has some big movies, including Deadpool 3, scheduled for release in 2024. It remains to be seen if the studio can once again dominate the Global box office. Stay up to date with the latest TV and movie news and updates by visiting Dexerto's comprehensive coverage.
Editor's P/S
As a passionate fan of Disney, I am deeply disappointed by the news that the company has lost its position as the highest-grossing studio for the first time in six years. Disney has been a staple of my childhood and has brought countless hours of joy to people of all ages. It is disheartening to see that the studio is facing challenges in making a significant impact at the box office.
I believe that the criticism Disney has received for the lack of quality in their recent productions is valid. Many of their recent films have felt formulaic and uninspired, lacking the creativity and heart that made Disney movies so special in the past. I hope that Disney will take this criticism to heart and strive to produce more high-quality content that will resonate with audiences and bring back the magic that has made Disney so beloved for generations.
