He said “Star Wars” profits won’t offset larger troubles Disney faces from shrinking subscribers at the ESPN sports network.
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‘Star Wars’ Soars Overseas but Can’t Break Foreign, Worldwide Records
The Force Awakens has its sights set on Avatar’s highest grossing movie record, which now stands at .8 billion in global sales. Overseas, “The Force Awakens ” opened to 9 million as it played in every major market except China, India and Greece.
Following such a hugely successful first night, industry experts have said Star Wars: The Force Awakens could become the biggest selling movie of all time. This by far exceeds the existing $91 million United States dollars first day record set by ‘Harry Potter and the Deathly Hallows Part 2.’ Additionally, it is also the first Star Wars movie to surpass $100 million USD in a single day! Add that to its Friday numbers, and The Force Awakens earned the highest single-day opening of any movie ever with $120.5 million. Hollis has repeatedly reminded that “there are literally millions of tickets available”. Worldwide, The Force Awakens is still second to Jurassic World’s $524.9 million, but the dinosaur action flick had the advantage of opening day-and-date in China.
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In Britain, Germany, Australia, Russia and many other countries, it scored the biggest opening weekend as well.
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The new “Star Wars” film is the first installment in a decade of the series, which was created by George Lucas in 1977.
Globally, The Force Awakens has taken an estimated $US517 million ($A720 million), according to boxofficemojo.
3-D and Imax screenings are helping to propel the record gross. Its ability to profitably exploit “Star Wars” across all its divisions was the justification for Disney’s $4 billion purchase of Lucasfilm LLC in 2012.
More importantly, the film sets the scene for more sequels to come, not to mention multimedia spinoffs and merchandising.
The film has made $528 million around the world since opening overseas on Wednesday.
As far as all-time box office sales, two films by James Cameron hold the record – Avatar (US$2.78 billion) and Titanic (US$2.18).
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Speaking of his approach to The Force Awakens, he: “The fundamental thing was what do we want people to feel”.
