After commanding more than $1 billion a the global box office, there’s no doubt ‘The Lion King’ was a roaring success.
Directed by Jon Favreau, Disney‘s live action remake was anchored by Beyonce and Donald Glover – who, together with a stellar cast – brought a mega-wattage of star-power to fuel its dominance at the box office.
Now, a new report crunching the numbers so as to ascertain profitability, has named the 2019 flick one of Disney’s most business savvy ventures to date.
Details below…
While box office grosses tend to generate the most headlines, the truest indicator of success comes when dissecting a film’s profitability. In short, how much did its studio make back when factoring in its spend on promotion, talent spend, and the like.
Well, a fresh study has re-cemented ‘The Lion King’s potency, with additional insights. Deadline reports:
“After $1.65 billion at the global box office, becoming the seventh highest-grossing movie of all time, Lion King rained $1.2 billion in overall revenues for Disney in global theatrical rentals, home entertainment and TV. Disney didn’t cheap out with a $260M production cost, $145M global P&A spend, and overall costs of $621M. We hear Favreau had a great payday here, taking the lion’s share of $60M participations. Disney walks away with $580M in net profit, 16% more than the half-billion it netted the previous year on Avengers: Infinity War.”
It figures, then, why Disney have reportedly re-upped on their partnership with Beyonce and expanded its scope into one that’s multi-year and multi-title.
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Chile.
Can somebody tell what’s the total sale for Queen B soundtrack????
Doesn’t matter. Quality over Quantity loser
Oh come I’m a bey fan but album sales matter. She’s not an independent artist, she’s a mainstream global superstar, so of course sales matter.
Quality my a-s-s. The soundtrack is a Failure and The lukewarm response is already proved it.
You roaches could never come for the Queen
Truth hurts. Keep crying about it. I can come for anyone bish
This woman been in the game for 23 years and she has been hated on for over 2 decades. Most importantly what the haters never realize is they keep her relevant ?????
Thanks for jayz for her relevantass
Sadly it was among the forgettable ones.
Kelly debits top 40 on Billboard Hot 100!! They hate to see it another top 40 hit as solo artist ????????
Go Kelly. Coffee is a bop
And least profitable soundtracks
It wasn’t successful because of Beyoncé ? and I’m a bey fan I would have seen it regardless of wether she was in it or not!! Disney is a money making machine nothing new.
Beyonce wasn’t the star. She was a supporting cast, like the rest of them. It ranked in that much off the name alone. Honestly I prefer the original.
The soundtrack did subpar numbers for an artist of Beyoncé caliber. However she is not a brand new artist, she is an established artist who has a great legacy behind her. The movie on the other hand did well based on the fact that it was a remake of a Disney classic. Not just because Beyoncé was apart of it.
How is it starring her when her name was last in the trailer? Post sales for the gift then we can talk ?
TGJ will never??
She’s a billionaire. She’s literally done everything. Performed at every show. You all in these comments are fücking idiots to think she remotely cares about sales anymore. She’s DOES what she WANTS. PERIOD. Go cry about you broke bum bïtches. Bahahaha ??