Universal Edges Out Disney as 2023 Box Office Champs in Banner Year for Post-Pandemic Moviegoing
The House of Mouse has lost its crown.
No, it has nothing to do with having not one but two horror movies using the now-public domain character Steamboat Willie headed for theaters this year. Universal Pictures topped Disney as the number one studio of 2023, taking in $2.97 billion in global revenue, topping Disney’s worldwide tally of $2.92 billion. Domestically, Universal still came out on top with $1.94 billion in domestic ticket sales. Disney’s domestic tally was close behind at $1.9 billion.
Disney may have the Marvel, Star Wars, Pixar and Indiana Jones franchises under its rather large umbrella, but even though the studio put out 17 new films, including three Marvel titles, a Pixar title, new Disney animated feature and live action Little Mermaid picture and the fifth (and most likely final) Indiana Jones flick, they were no match for the 24-film slate Universal sent to theaters last year.
Universal had two of the top three movies last year, including the wildly successful Oppenheimer, that despite having a smaller take than Warner Bros. Barbie movie, which was released on the same day, still drew in a whopping $952 million in global ticket sales, ranking as Universal’s second highest grossing for the year.
The top honors go to The Super Mario Bros. Movie, which raked in $1.36 billion, putting it just behind Barbie as the year’s number two movie.
This is the first time in a long time that Disney did not have one of the top three movies of the year, as Disney’s highest-grossing film of the year was the year’s fourth-place Guardians of the Galaxy Vol. 3.
Universal’s enduring Fast and the Furious franchise, which this year posted Fast X to the number five best film at the box office, and the Blumhouse films M3GAN and Five Night’s at Freddy’s also helped catapult Universal to the top position.
According to The Hollywood Reporter, 2023’s domestic box office total comes in at just over $9 billion overall, including $2.4 billion from last summer’s Barbenheimer event. This represents a 20% increase from 2022, making it the highest yet in the post-pandemic era, signalling that audiences seem to be more than willing to return to theaters to see new films.
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