With the help of inflated ticket prices and 3D, Disney has scored its second billion-dollar hit this year with Toy Story 3. The studio has sent out a press release announcing its good fortune. Two weeks ago, Toy Story 3 became the highest-grossing animated movie of all time. Today, the worldwide box office for the film is expected to cross $1 billion. The first film to cross the billion-dollar mark for Disney this year was Tim Burton’s Alice in Wonderland. I would like to say that Toy Story 3 being a good movie also helped its box office fortunes, but then you have Alice and I think we have to give a lot of the credit to higher ticket prices.
Hit the jump to read the full press release.
Here’s the full press release:
DISNEY•PIXAR’S TOY STORY 3 WILL CROSS $1 BILLION TODAY; DISNEY TO BECOME FIRST STUDIO WITH TWO
$1 BILLION FILMS IN ONE YEAR
BURBANK, Calif. – August 27, 2010 – Two weeks after becoming the highest-grossing animated film of all time, Disney•Pixar’s Toy Story 3 will cross the $1 billion mark at the global box office today, joining Alice in Wonderland as the second $1 billion film this year from The Walt Disney Studios – the first studio in history to accomplish this feat. Disney first crossed the $1 billion threshold with Pirates of the Caribbean: Dead Man’s Chest in 2006. Toy Story 3 becomes the only animated film to reach this milestone and the seventh title in industry history.
“It’s been an incredible year as we saw the Pixar team bring Buzz and Woody back to the big screen and watched Tim Burton’s vision for Alice in Wonderland take the world by storm,” said Rich Ross, Chairman, The Walt Disney Studios. “These box office triumphs prove that creative storytelling brought to life by imaginative, inspired and talented professionals is something audiences respond to the world over.”
As of Thursday (8/26/10), Toy Story 3 tallied more than $592.9 million internationally, Disney’s largest international animated release. Latin American audiences have contributed $138 million making Toy Story 3 the highest grossing Disney film ever released in the region. Toy Story 3 is the most successful UK release in Disney history and currently stands as the fourth biggest title in territory history with $102.4 million in box office receipts so far. In Japan, the film has taken in $111.2 million and spent five consecutive weeks as the #1 movie. Toy Story 3 currently ranks as the #7 film in global box office history and domestically ranks #9 with $404.6 million in receipts to date.
Alice in Wonderland began setting records during its opening weekend (March 5-7), becoming the biggest March opening in industry history, the highest 3D opening ever and The Walt Disney Studios’ biggest opening for a non-sequel film. Internationally, the film went on to tally more than $690 million, becoming Disney’s biggest overseas release of all time and the fourth biggest title ever released overseas. Worldwide, the film took in $1.0243 billion, ranking it as the #5 film in global box office history.