Tags: frozen | movie | 2014

'Frozen' to Break Record For Highest-Grossing Animated Movie in 2014

Image: 'Frozen' to Break Record For Highest-Grossing Animated Movie in 2014

Thursday, 20 Mar 2014 09:32 AM

By Michael Mullins

In 2014, the Disney movie "Frozen" will likely become the No. 1 animated movie of all time, as it inches closer to breaking "Toy Story 3's" record of $1.06 billion.

To date, "Frozen" has generated a staggering $1.03 billion at the box office since its Nov. 27 release. The wildly popular movie also broke DVD sales records before the DVD was even made available, The Wall Street Journal reported, citing an Amazon.com announcement.

On Wednesday, Disney reported that its first-day sales of "Frozen" Blu-ray discs and DVDs totaled 3.2 million units, including pre-sales, The Journal noted.

Urgent: Do You Approve Or Disapprove of President Obama's Job Performance? Vote Now in Urgent Poll

"Disney Animation is on the rise," Tom McLean, editor of Animation magazine, told the New York Post. "'The Lion King' was the last renaissance they had. People have been talking about Pixar and the disappointment in them."

Pixar Animation Studios is a California-based computer animation film studio formerly led by Apple's Steve Jobs and known for its CGI-animated feature films. In 2006, Pixar was purchased by Disney for $7.4 billion. Both Pixar and Walt Disney Animation Studios, which dates back to 1923, are run by John Lasseter, the New York Post noted.

Walt Disney Company Chairman and CEO Bob Iger relayed the positive news during the company's annual shareholder meeting on Tuesday.

"Fiscal 2013 was our third consecutive year of record results," Iger told shareholders, according to a Disney press release. "We increased revenue by 7 percent to a record $45 billion, which led to a record $6.1 billion in net income, up 8 percent over the year before."

"These results drove total shareholder return of 27 percent for the year, compared to 20 percent for the S&P 500," Iger added. "And over the last five years, we’ve delivered total shareholder return of 113 percent, which is more than double the return generated by the S&P 500 for the same period."

Disney's stock price has risen 5.4 percent since the start of 2014, Bloomberg News noted.

Editor's Note: ObamaCare Is Here. Are You Prepared?

Related Stories:

© 2015 Newsmax. All rights reserved.

Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
Zip Code:
Privacy: We never share your email.
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
You May Also Like

The 2016 'Book Race': GOP Candidates Like Ben Carson, Huckabee Sell Like Hotcakes

Friday, 30 Jan 2015 20:50 PM

If potential Republican presidential candidates' recent book sales are a strong indication of their electability, then B . . .

Smoke on Boston Train Scares Passengers Who Bust Out Windows to Escape

Friday, 30 Jan 2015 19:37 PM

A commute on Boston's Red Line Thursday morning turned into chaos as smoke filled the train and passengers broke out win . . .

Seth Jackson Sentence: Foster Dad Gets 32 Months in Hot Car Death

Friday, 30 Jan 2015 18:50 PM

Kansas foster dad Seth Jackson was sentenced to 32 months in prison Friday for the July death of a 10-month-old girl who . . .

Top Stories

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

America's News Page
©  Newsmax Media, Inc.
All Rights Reserved