The latest live-action movie by the mouse house saw tremendous box office success and it even outgrossed the collection of the original animated movie.
The latest live-action movie by Walt Disney Production, 'Aladdin' saw massive response at the box office as it received unsurmountable success as the entire movie collection surpassed the original one. Since its release on May 24, the movie has earned $604 million worldwide, compared to the original animated movie that earned an adjusted $504 million in 1992. The animated 'Aladdin' movie starred Scott Weinger as the titular street rat and Robin Williams the wish-granting Genie.
It became one of the highest-grossing movies of 1992, and it also beat 'Home Alone: Lost In New York' and 'Batman Returns' in the box office. Those two movies were ranked second and third respectively. At one time, it was the only animated movie that earned $200 million domestically and it also held the record for the biggest performance for an animated film worldwide until it was dethroned by another Disney classic, 'The Lion King' in 1994.
The latest live-action movie 'Aladdin' is directed by Guy Ritchie, and it stars Will Smith, Mena Massoud, and Naomi Scott. This movie is earning millions in the summer box office whereas other movies such as Illumination's 'Secret Life of Pets 2' and the latest X-Men franchise entry 'Dark Phoenix' saw lukewarm to bad openings in the box office. The live-action movie by the Mouse House is projected to add another $24.5 million for a domestic earning of $232 million. It is another big hit for Disney, who holds the top three highest-grossing spots at the 2019 box office that includes 'Avengers: Endgame' and 'Captain Marvel' at the other two spots.
Since Alan Horn became the chairman of the Walt Disney Studios, it had resulted in more than a dozen one billion-plus grossers since his 2012 hiring. Horn has also taken great care of mining Disney’s library of beloved animated classics and has done a fantastic job of bringing life to those stories on screen. Sean Bailey, the President of Production in Disney, told Variety in 2016, "Alan called me into his office one day and said, ‘Here’s the thing. It’s Disney’s Cinderella'. It needs to be the definitive Cinderella for generations to come, so if you need to spend a little more, spend it, to make sure it’s one for the time capsule.’”
'Aladdin' reportedly cost $183 million to make and the studio similarly left no cost barred for Jon Favreau's 'The Lion King' that is made with groundbreaking technological advances. That movie was voted as the most anticipated summer family film and it topped both Aladdin and Disney-Pixar’s Toy Story 4, which is scheduled to be released on June 21. 'Lion King' is projected to win the biggest opening weekend for a Disney remake and is likely to dethrone 'Beauty and the Beast' that earned $174 million on its opening weekend.