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Expand chart
Data: Investing.com; Chart: Axios Visuals

Disney's 2019 movie run has broken the all-time annual global box office record just 7 months into the year. And with more big-budget blockbusters still to come this year, and already in possession of more than a third of the world's total box office receipts, the company seems unstoppable.

What's happening: Disney's acquisitions of LucasFilm and Marvel have delivered huge wins for the company, but it's been the ability to produce live-action remakes from its own catalogue that has set the table over the last decade.

  • "The Lion King" is the latest Disney release to become the No. 1 film in the world, and it held onto the crown this weekend, having generated nearly $1 billion worldwide in just 2 weeks.
  • The company has made $7 billion at the box office from the remakes since the release of "Alice in Wonderland" in March 2010, per CNBC.

What's next: Disney is releasing a sequel to “Maleficent” in October and a live-action version of "Lady and the Tramp" in November. The company has also announced a live-action remake of “Mulan” in 2020.

Of note: Disney broke its own box office record this year, which it set in 2016 when the studio recorded the first ever $3 billion domestic box office haul and brought in a total of $7.61 billion worldwide.

  • Its 36.7% share of total box office receipts so far this year is far and away the highest ever for a studio. The previous record, also held by Disney, was almost 10 percentage points lower, according to data from Nash Information Services.

Go deeper: "Avengers" surpasses "Avatar" as highest-grossing film of all time

Go deeper

Mike Allen, author of AM
6 hours ago - Politics & Policy

Biden adviser Cedric Richmond sees first-term progress on reparations

Illustration: "Axios on HBO"

White House senior adviser Cedric Richmond told "Axios on HBO" that it's "doable" for President Biden to make first-term progress on breaking down barriers for people of color, while Congress studies reparations for slavery.

Why it matters: Biden said on the campaign trail that he supports creation of a commission to study and develop proposals for reparations — direct payments for African-Americans.

Cyber CEO: Next war will hit regular Americans online

Any future real-world conflict between the United States and an adversary like China or Russia will have direct impacts on regular Americans because of the risk of cyber attack, Kevin Mandia, CEO of cybersecurity company FireEye, tells "Axios on HBO."

What they're saying: "The next conflict where the gloves come off in cyber, the American citizen will be dragged into it, whether they want to be or not. Period."

Cedric Richmond: We won't wait on GOP for "insufficient" stimulus

Top Biden adviser Cedric Richmond told "Axios on HBO" the White House believes it has bipartisan support for a stimulus bill outside the Beltway.

  • "If our choice is to wait and go bipartisan with an insufficient package, we are not going to do that."

The big picture: The bill will likely undergo an overhaul in the Senate after House Democrats narrowly passed a stimulus bill this weekend, reports Axios' Kadia Goba.