‘Monsters University’ Dominates Weekend Box-Office

by William White | July 1, 2013 10:42 am

‘Monsters University’ Dominates Weekend Box-Office

disney 'Monsters University' Dominates Weekend Box Office[1]Walt Disney’s (DIS[2]) Monster University,a prequel to  Monsters, Inc., stays strong at the box office during its second weekend.

The Pixar made movie pulled in $46.2 million[3] last weekend. This landed it at the top of the box office and beat The Heat, which released this weekend and made $40 million.

In comparison Monsters, Inc. (which released in 2001) made $45 million  ($59 million when adjusted for inflation) during its second weekend.

Monsters University has earned a total of $171.0 million[4] during a 10 day time-span.

Monsters University is part of Disney’s strategy to make fewer movies that earn more money.

“With Pixar, you do enough of them but don’t flood the market with them and you promote the brands and the merchandising, it speaks to the success,” Martin Pyykkonen, an analyst with Wedge Partners, told Bloomberg.

Endnotes:
  1. [Image]: http://investorplace.com/wp-content/uploads/2011/01/disney.jpg
  2. DIS: http://studio-5.financialcontent.com/investplace/quote?Symbol=DIS
  3. $46.2 million: http://www.businessweek.com/news/2013-06-30/disney-s-monsters-university-returns-as-no-dot-1-weekend-movie
  4. $171.0 million: http://www.rollingstone.com/movies/news/box-office-report-monsters-university-repeats-atop-chart-while-the-heat-cooks-at-second-20130630

Source URL: http://investorplace.com/2013/07/monsters-university-dominates-weekend-box-office/
Short URL: http://invstplc.com/1froWYA