'Beauty and the Beast' Sales Cross Three-Quarters of $1 Billion
Walt Disney Co.’s (NYSE: DIS) remake of “Beauty and the Beast” has sold $751 million in tickets worldwide. It was first released March 17 by Disney’s Buena Vista studio. Its production budget was $160 million, according to Box Office Mojo.
Ticket sales have been almost evenly split between domestic and international receipts. So far, domestic ticket sales are $341 million. “Beauty and the Beast” was released in the United States on March 29. International sales have totaled $409 million.
“Beauty and the Beast” is expected to be number one at the box office for the third weekend in a row. In its first weekend, it posted $175 million in domestic ticket sales as it was released in 4,210 theaters. This made it the most successful movie ever released during the month of March, and the seventh best opening of all time.
Box Office Mojo reported about the ongoing strength of the film:
Last weekend Disney’s Beauty and the Beast dropped a mere 48.3%, resulting in the fourth largest second weekend of all-time. This weekend we’re expecting a relatively similar drop for a $48.8 million three-day, which is looking like it should be enough for a third weekend atop the box office and should push the film over $400 million domestically.
“Beauty and the Beast” is already the 41st most successful film of all time, based on domestic ticket sales. Ticket sales of $400 million would push it into 25th place, ahead of the animated film “Frozen,” which was released in November 2013.
“Beauty and the Beast” is based on a novel written in 1740 by French author Gabrielle-Suzanne Barbot de Villeneuve. Disney released an animated version of the film in 1991.