Sign up for our daily briefing

Make your busy days simpler with Axios AM/PM. Catch up on what's new and why it matters in just 5 minutes.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Denver news in your inbox

Catch up on the most important stories affecting your hometown with Axios Denver

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Des Moines news in your inbox

Catch up on the most important stories affecting your hometown with Axios Des Moines

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Minneapolis-St. Paul news in your inbox

Catch up on the most important stories affecting your hometown with Axios Twin Cities

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Tampa Bay news in your inbox

Catch up on the most important stories affecting your hometown with Axios Tampa Bay

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Charlotte news in your inbox

Catch up on the most important stories affecting your hometown with Axios Charlotte

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

People dressed up for the "Avengers: Endgame" premiere. Photo: Frederic J. Brown/AFP/Getty Images

Disney's "Avengers: Endgame" ruled the box office this weekend, torching all-time single-day, weekend and per-screen records on its way to well over $1 billion in global ticket sales. It was just the latest victory for Disney, which has had the No. 1 grossing movie every year since 2012 and been the top grossing studio since 2016.

The big picture: Disney is on pace to take a 29.1% share of box office receipts, the largest percentage on record, according to data from Nash Information Services.

  • Since 1995, Disney movies have generated $36.9 billion in domestic box office revenue and have accounted for 16.4% of total market share among movie studios.
  • To put that into perspective, Disney's releases have earned more than the bottom 4 of the world's top 10 movie studios combined during that time.
  • Disney's films have earned almost $2.5 billion more than No. 2 studio Warner Bros., despite releasing 200 fewer movies. It has out-earned No. 3 studio Sony by more than $9.5 billion while releasing nearly 150 fewer films.

Why it matters to the market: Disney's stock has risen by around 30% so far this year, driven by a 10% gain after unveiling details of its new $6.99 per month Disney+ streaming service.

Investors have so far not soured on Netflix because of Disney's run; however, it's clear they view it as a threat.

  • Netflix stock has gained close to 40% this year, but has seen pullbacks coinciding with recent big gains from Disney, including the April 11 launch of Disney+ and on April 23 when Bank of America-Merrill Lynch analysts upgraded Disney to their U.S. 1 list of top investments and increased the price target to $168.

Flashback: Shares jumped 2% last year after the release of "Avengers: Infinity War" delivered $630 million at the box office, a little more than half of the take for "Endgame."

What's next? Disney's box office cash grab may just be getting started. This year also will see the release of "Toy Story 4," "Frozen 2," "Aladdin," "The Lion King" and "Star Wars: The Rise of Skywalker" to name just a few.

Go deeper: Disney is killing its competition at the box office

Go deeper

Dan Primack, author of Pro Rata
2 hours ago - Economy & Business

Scoop: Red Sox strike out on deal to go public

Illustration: Sarah Grillo/Axios

The parent company of the Boston Red Sox and Liverpool F.C. has ended talks to sell a minority ownership stake to RedBall Acquisition, a SPAC formed by longtime baseball executive Billy Beane and investor Gerry Cardinale, Axios has learned from multiple sources. An alternative investment, structured more like private equity, remains possible.

Why it matters: Red Sox fans won't be able to buy stock in the team any time soon.

Trump political team disavows "Patriot Party" groups

Marine One carries President Trump away from the White House on Inauguration Day. Photo: Patrick Smith/Getty Images

Donald Trump's still-active presidential campaign committee officially disavowed political groups affiliated with the nascent "Patriot Party" on Monday.

Why it matters: Trump briefly floated the possibility of creating a new political party to compete with the GOP — with him at the helm. But others have formed their own "Patriot Party" entities during the past week, and Trump's team wants to make clear it has nothing to do with them.

You’ve caught up. Now what?

Sign up for Mike Allen’s daily Axios AM and PM newsletters to get smarter, faster on the news that matters.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!