Distribution
Deadline: ‘Moana 2’ Buoys Disney’s Latest Quarter As Studio Profits Surge
Moana 2 helped float a solid fiscal first quarter for Disney with studio profit riding the strong box office of the animated sequel that’s topped $1 billion worldwide. The quarter, which ended in December, also featured Mufasa: The Lion King at $653 million. The prior-year period included The Marvels and Wish.
The studio division swung to a $312 million profit from a year-earlier loss of $244 million on revenue up 34% to $2.2 billion. Last quarter, Inside Out 2 and Deadpool & Wolverine made a splash. Analyst Alan Gould has noted that the biggest fundamental change at Disney of late is that “the studio is executing creatively again,” and studio success can lead to higher consumer products sales, theme park interest and streaming engagement.
Release Schedule
Deadline: Chinese New Year Box Office Sets All-Time Record With $1.3B As ‘Ne Zha 2’ Looks To Make Global History
Ushering in the Year of the Snake, China’s Spring Festival 2025 has set a new record for box office during the annual holiday period. Total Mainland grosses reached RMB 9.51B ($1.3B) from January 28-February 4. This outstrips the previous record of RMB 8.02B.
The new milestone was expected once Chinese New Year turnstiles kicked into gear in earnest on January 29, with the biggest gross for a single day in China at RMB 1.8B ($247.5M) across all titles. Momentum did not falter over the following week, with each day through yesterday clocking more than RMB 1B ($137.5M).