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“The Avengers” Surges Toward Record

The Walt Disney (NYSE: DIS) super-hero movie “The Avengers” was the top grossing movie at the US box office this weekend. The same was true in many other countries. Estimates are that the film has taken in $373 million in…

By Douglas A. McIntyre
Published May 14, 2012, 6:12am ET · 1 min read

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The Walt Disney (NYSE: DIS) super-hero movie “The Avengers” was the top grossing movie at the US box office this weekend. The same was true in many other countries. Estimates are that the film has taken in $373 million in North America since it opened. Added to overseas ticket sales, the number is closer to $600 million.

Only few films in history have taken in $1 billion–a number “The Avengers” will almost certainly pass. Among those which have approached the figure or exceeded it are films of the “Transformers”, “Batman”, “Star Wars”, and “Harry Potter”, and “Lord of the Rings” franchises,and the two most successful movies of all time–James Cameron’s “Titanic” and “Avatar”.

“The Avengers” probably will not make it passed these Cameron movies, but it will become a franchise with more releases which will line the pockets of the Disney film studio operations

Douglas A. McIntyre

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Douglas A. McIntyre

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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