Economics and Funding
JB16 cost an estimated $175m to produce but opened with $103.6 million in North America, making it one of the biggest April debuts ever at the box office. It grossed over $966 million, making it the fifth highest grossing film of 2016 and the 35th highest grossing film of all time (Wikipedia).
In 2016 Disney’s productions earned more at the box office than any of the other six majors; Disney ‘amassed $2.56 billion globally, well ahead of its next nearest rivals, Warner Bros. and Universal, with each at roughly $1.8 billion. The Disney domination is impressive, providing enough cushion to withstand the losses sustained from The BFG and Alice.... To date, the studio claims the top-four grossing films of the year. In addition to Captain America: Civil War (Marvel Studies is a wholly owned subsidiary of the Walt Disney Company) and Finding Dory, there’s Zootopia and The Jungle Book.
TASK: Read the following article and add key details to your notes:
http://www.hollywoodreporter.com/news/summer-box-office-2016-blockbusters-flops-sequelitis-923601
The film was released in 70 countries, opening at different times depending on competition and school holiday dates. It was the biggest Hollywood release ever in India, having earned $36.8 million and was very successful in China, where the film was locally known as Fantasy Forest. It was particularly strong in terms of 3D ticket sales due to being ‘precisely the sort of film that Chinese audiences love with its 3D visuals, heartwarming story, and talking animal cast’.
TASK: Read the following article and add key details to your notes:
https://www.forbes.com/sites/robcain/2016/04/15/disneys-jungle-book-swings-in-china-to-12-million-opening-day-250-better-than-zootopia/#7d44f2aa2a1f
Global box office figures can be found at:
http://www.boxofficemojo.com/movies/id=junglebook2015.htm
https://en.wikipedia.org/wiki/The_Jungle_Book_(2016_film)#Sequel
Capitalising on the success of JB16, a sequel is planned, possibly for release in 2019.