Disney To End The Year As Most Profitable Studio Of 2024 Thanks To ‘Deadpool & Wolverine’ And ‘Inside Out 2’
In 2024, Disney stands as the most financially successful film studio, largely driven by the massive success of ‘Inside Out 2’ and ‘Deadpool & Wolverine.’
These two films topped the global box office, with ‘Inside Out 2’ becoming the first animated movie to surpass $1 billion internationally, and ‘Deadpool & Wolverine’ earning more than $636 million in the U.S. alone. Disney's dominance is further underscored by ‘Kingdom of the Planet of the Apes’ — another strong performer released under their 20th Century division.
The studio’s blend of animated hits, superhero action, and strategic releases from their broader portfolio, including major franchises like Marvel and Pixar, propelled Disney far ahead of competitors like Universal and Warner Bros., which also had notable successes with ‘Despicable Me 4’ and ‘Beetlejuice Beetlejuice,’ respectively.
Disney's multi-genre appeal, from family-friendly animations to blockbuster superhero films, allowed the studio to capture diverse audience demographics, leading to Disney claiming the top-place for box office revenue in 2024.
Disney surpassed $4 billion globally for the third consecutive year. This included a major rebound from 2023, where several films underperformed. By September 2024, Disney's standout hits included ‘Inside Out 2’ ($1.675 billion) and ‘Deadpool & Wolverine’ ($1.287 billion), both major drivers of their box office earnings. Other key releases like ‘Alien: Romulus’ and ‘Kingdom of the Planet of the Apes’ further bolstered Disney’s strong year, with ‘Moana 2’ and ‘Mufasa: The Lion King’ expected to add even more before year-end.
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Additionally, Disney's Q4 revenue increased 6% to $22.57 billion, and operating income grew 23% to $3.65 billion.
“This was a pivotal and successful year for The Walt Disney Company, and thanks to the significant progress we’ve made, we have emerged from a period of considerable challenges and disruption well positioned for growth and optimistic about our future,” Chief Executive Bob Iger said in Disney’s earnings release.
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