'Star Wars: The Force Awakens' Heads The Biggest Box Office Weekend Of All Time
As widely anticipated, Walt Disney Co (NYSE: DIS)'s "Star Wars: The Force Awakens" closed the three-day weekend with an impressive total of an estimated $238 million in the United States. Combined with the international total, this brings the worldwide box office haul to $517 million, the largest opening ever.
Disney's stock was trading about 1.5 percent higher in Monday's pre-market session.
"Star Wars" shattered many records this weekend. These include the highest U.S. domestic weekend, the largest IMAX single-day launch ever with $48 million in sales, and highest ticket pre-sales ever with more than $100 million worldwide.
As Box Office Mojo noted, this was also the biggest weekend ever overall, with an estimated $294 million through the turnstiles. The previous record was $266 million.
However, it was believed "Stars Wars" fell just short of beating "Jurassic World" world record box office opening of $525 million. As Ben Child of The Guardian wrote, analysts believe that this was due to poor planning in the Chinese market. But Disney CEO Bob Iger told Bloomberg Monday morning that that final worldwide gross could come out to $528 million.
"If Abrams's critically acclaimed film does fail to surpass Jurassic World, studio bosses can point to the fact that the movie does not hit screens in the world's most populous nation until 9 January. When Jurassic World debuted in June, it arrived on US and Chinese screens over the same weekend in a rare moment of global synchronicity," Child wrote.
The next big milestone for "Star Wars" is whether it can beat "Jurassic World" as the fastest film to reach $1 billion in sales worldwide, with the dinosaur epic doing so in just 14 days. Whether it beats that record or not it is clear that "Star Wars: The Force Awakens" will be one of the most successful movie releases of all time.
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