Even in a tumultuous year in theaters, Disney still wins at the box office

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Disney (DIS) It was Hollywood’s top studio in North America last year, with a 25% box office market share. These include four of the top 10 domestic releases this year and three of the top five domestic releases this year.

Although live audiences were hard to come by last year, American moviegoers were present in Disney films. That said, despite Disney’s win at the U.S. box office, its 2021 box office total is down significantly from pre-pandemic levels.

House of Mouse said it took in $2.9 billion at the global box office last year with hits such as “Shang-Chi and the Legend of the Ten Rings,” “Black Widow” and “Jungle Cruise.” Taken together, nearly $3 billion globally is a respectable total, but still less than the revenue Disney generated in North America alone in 2019, 2018, and 2016.
Domestically, the studio brings in about $1.1 billion in 2021, the No. 1 spot behind Sony (SNE), made about $1 billion in North America last year, according to Comscore (Fraction).
How Bob Iger is celebrating his last day after nearly 50 years at Disney

Given that the ongoing pandemic has changed industry dynamics and pushed streaming to the forefront, Disney’s sharp drop at the box office isn’t surprising. Despite Disney’s steep decline, comparing its current box office to pre-coronavirus levels is like comparing the company’s high-speed Space Mountain roller coaster to a leisurely small-world cruise.

As 2021 rolls around, Disney is looking forward to a slew of movies that could be huge hits in 2022.

These include highly anticipated Marvel films such as Doctor Strange in the Multiverse of Madness, Thor: Love and Thunder, and the Black Panther sequel Black Panther: Wakanda Forever.

It will also release other well-known non-superhero-related films, such as Pixar’s “Lightyear,” a new take on the beloved “Toy Story” character, and the next film in the lucrative Avatar franchise, Avatar 2″.



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