WBD - What's Going On With Walt Disney's Stock Wednesday? | Benzinga
Historically a box office leader, Walt Disney Co (NYSE: DIS) trailed behind Comcast Corp (NASDAQ: CMCSA) Universal Pictures in 2023. Universal's diverse portfolio of 24 films, including "The Super Mario Bros. Movie," "Oppenheimer," and "M3GAN," generated $4.907 billion globally. This achievement dethroned Disney for the first time since 2015, relegating it to second place with $4.827 billion from 17 films like "Guardians of the Galaxy Vol. 3" and "Indiana Jones and the Dial of Destiny," Variety reports.
Disney's shortfall partly reflects the release of fewer movies than Universal.
Despite having the top 10 global releases, Disney did not feature in the ...