Disney CEO Bob Iger told shareholders Tuesday that Frozen is on track to surpass Toy Story 3 at the global box office.
Disney has been making waves all day with a new trailer for Maleficent that dances with dragons, announcements that The Incredibles 2 and Cars 3are coming down the Pixar track, and, oh yes, confirmation that the original Star Wars trio of Mark Hamill, Carrie Fisher, and Harrison Ford will be back for the 30-years later Star Wars: Episode VII. But it is truly the House of Mouse’s time to shine, as Disney CEO Bob Iger has been able to offer one piece of good news after another at today’s annual shareholder meeting for The Walt Disney Company, held in Portland, Ore.
In fact, Iger reportedly kicked off the meeting by reminding shareholders that last year’s Frozen, which won two Oscars for Best Animated Film and Best Original Song earlier this month, has crossed $1 billion at the global box office. Iger further spoke highly of the film by indicating Disney expects the picture to outperform Toy Story 3 at the worldwide box office, making it the highest grossing animated movie of all time. Toy Story 3 currently holds that record with $1.06 billion, however since Frozen is only now opening in the Japanese market, it will be more than enough to pass that figure by Disney’s estimation. “I’d call that a great year,” Deadline reports Iger told shareholders.
Considering the only two pictures to cross $1 billion last year are Frozen and Iron Man 3, we’re inclined to agree with the CEO on that count. Better still, Frozen crossing $1 billion and its other unmitigated successes have already led us to call it a breakthrough for the future of movies made in the Hollywood system. Many more will hopefully want to build that kind of snowman.
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