Inside Out 2′ Sets Record as First Animation to Gross $1 Billion Globally

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In a world where animation seems to continually push the boundaries, “Inside Out 2” has made its own significant mark, reaching $1 billion at the global box office, a feat only achieved by 12 releases so far, and uniquely, it’s the only animated film to do so. It’s a landmark moment that not only cements the film’s success but also signals the rising influence of animation in global cinema.

There have been 55 films that have grossed $1 billion globally (encompassing both domestic and foreign ticket sales), however, only twelve of those have managed to reach that impressive mark from foreign markets alone. And among those twelve, 11 were live-action movies. Interestingly, Disney’s “The Lion King” made a staggering $1.1 billion internationally in 2019, but Disney categorized it as a live-action movie rather than an animated one, primarily because of its hyper-realistic visuals. Therefore, “Inside Out 2” has made cinematic history by technically becoming the first animated film to join this elite billion-dollar club from international sales alone.

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To reach the $1 billion threshold, a film must resonate with audiences universally, and “Inside Out 2” delivered. Its popularity was particularly evident in some top foreign markets, including Mexico ($102.2 million), Brazil ($80 million), the United Kingdom ($72.7 million), France ($62.6 million), and Korea ($60.8 million).

What’s making the waves on Variety

This Disney Pixar sequel is currently the highest-earning movie of the year, amassing $1.002 billion overseas and an additional $646.3 million domestically. This adds up to an impressive global total of $1.649 billion. A few weeks ago, “Inside Out 2” captured another title by outperforming “Frozen II” to become the highest-grossing animated film of all time.

Disney has had an impressive box-office run this summer, with not one, but two billion-dollar releases. The second of these is the Marvel superhero sequel, “Deadpool & Wolverine.” Although it has raked in a considerable $634.1 million globally, it’s worth noting that this is just over half of what “Inside Out 2” generated in the same markets. However, the R rating of “Deadpool & Wolverine” did restrict its audience more.

With its current global collections standing at $1.21 billion, “Deadpool & Wolverine” now ranks as the eighth biggest installment in the Marvel Cinematic Universe, surpassing “Captain America: Civil War” which stood at $1.155 billion. It is predicted to soon overtake “Iron Man 3” ($1.215 billion) to claim the No. 7 position.

Meanwhile, another Disney production, “Alien: Romulus”, managed to add another $41.6 million to its international collection and $57.8 million globally over the last weekend. This takes its total global collections to a whopping $225.4 million. Interestingly, “Alien: Romulus”, the latest installment in the long-running sci-fi horror series, has managed to make an impact in the post-pandemic movie market in China, with local grosses reaching $73.3 million.

Despite these success stories, not all new releases have been hits at the international box office. Zoe Kravitz’s psychological thriller, “Blink Twice” initially struggled, grossing a mere $6.7 million across 73 overseas territories. Unfortunately, domestic audiences also gave it a lukewarm reception, contributing another $7.2 million and bringing its total global collections to $14 million only.

“Blink Twice,” which marks Kravitz’s first directorial entry, has a reported pre-reshoot budget of approximately $20 million. Although this may seem a disappointing start, it does have some leeway to pick up pace during its theatrical run. The film features Channing Tatum, Kravitz’s fiancé, as a tech billionaire who invites a cocktail waitress (Naomi Ackie) to his private island for a luxurious party that becomes increasingly sinister. The movie is currently being distributed in the US by Amazon MGM, while Warner Bros. is handling the release in other global territories.

Conclusion:

These current trends in box office collections globally reflect the public’s strengthening affinity for animated films as well as their continued interest in superhero action flicks. However, it’s evident that amassing major grossing figures internationally still remains a challenge for many productions, regardless of genre. Despite this, it’s clear that the film industry continues to captivate audiences globally, with films like “Inside Out 2” and “Deadpool & Wolverine” leading the way.

FAQs:

1. How much has “Inside Out 2” made at the box office so far?

“Inside Out 2” has made over $1 billion at the international box office, making it one of only twelve films to achieve this milestone.

2. What is the highest-grossing animated film of all time?

As of now, “Inside Out 2” holds the title as the highest-grossing animated film in history, overtaking “Frozen II.”

3. What other recent Disney production has done well at the box office?

“Deadpool & Wolverine,” the Marvel superhero sequel, has been another successful release for Disney, grossing over $634.1 million globally so far.

4. What budget does “Blink Twice” have?

“Blink Twice,” directed by Zoe Kravitz, reportedly carries a $20 million budget before reshoots.

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Credit: variety.com

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