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

Updated 12 mins ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 4:15 p.m. ET: 32,673,978 — Total deaths: 990,738 — Total recoveries: 22,535,056Map.
  2. U.S.: Total confirmed cases as of 4:15 p.m. ET: 7,065,019 — Total deaths: 204,249 — Total recoveries: 2,727,335 — Total tests: 99,488,275Map.
  3. States: New York daily cases top 1,000 for first time since June — U.S. reports over 55,000 new coronavirus cases.
  4. Health: The long-term pain of the mental health pandemicFewer than 10% of Americans have coronavirus antibodies.
  5. Business: Millions start new businesses in time of coronavirus.
  6. Education: Summer college enrollment offers a glimpse of COVID-19's effect.

Confirmation hearings for Supreme Court nominee set to start Oct. 12

Sen. Lindsey Graham, chair of the Senate Judiciary Committee, on Sept. 24. Photo: Jabin Botsford/The Washington Post via Getty Images

Senate Judiciary Committee hearings for President Trump’s Supreme Court nominee are tentatively scheduled to begin Oct. 12, two Senate sources familiar with the plans told Axios.

Why it matters: The committee's current schedule could allow Senate Republicans to confirm the nominee weeks before November's election. Senate Majority Leader Mitch McConnell currently has enough votes to confirm Circuit Court Judge Amy Coney Barrett, who is expected as the president's pick.

Dave Lawler, author of World
2 hours ago - World

A hinge moment for America's role in the world

Photo illustration: Aïda Amer/Axios. Getty Images photo: Saul Loeb/AFP

The world may be living through the last gasps of America First — or just getting a taste of what's to come.

Why it matters: President Trump's message at this week's virtual UN General Assembly was short and relatively simple: global institutions like the World Health Organization are weak and beholden to China; international agreements like the Iran deal or Paris climate accord are "one-sided"; and the U.S. has accomplished more by going its own way.

Get Axios AM in your inbox

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

Please enter a valid email.

Subscription failed
Thank you for subscribing!