Disney has made more than £5.75 billion from its remakes in less than a decade

Ben Arnold
Contributor
Aladdin (Credit: Disney)

While complaints about remakes and reboots are delivered with dizzying frequency on comments threads and social media, it appears we're still going to see them nonetheless.

A report on Disney's recent earnings from CNBC his highlighted that the practice of remaking its catalogue of animated classics has been a staggering money spinner.

Read more: Disney smashes its own box office record

Since the current era of Disney remakes began in earnest, back in 2010 with Tim Burton's live-action Alice In Wonderland, it has made more than $7 billion – around £5.75 billion – at the worldwide box office.

The 2017 remake of Beauty and the Beast, with Emma Watson and Dan Stevens, topped the list, having made $1.23 billion, with Burton's Alice making $1.02 billion.

Guy Ritchie's Aladdin, despite some pretty alarming early buzz and issues on social media surrounding the blue Will Smith, has also broken the billion dollar barrier as of last weekend.

(Credit: Disney)

And though there have been some missteps – Burton's Dumbo made a disappointing $353 million worldwide – the strategy of re-using its old material appears to be paying dividends for the Mouse House.

Plus it still has a host of new remakes to come, including The Little Mermaid, its Cruella de Vil origin story with Emma Stone, Mulan, Lady and the Tramp and The Hunchback of Notre Dame.

Read more: Aladdin stars say Genie backlash was harsh

It follows news that the studio has beaten its all-time record for ticket sales in a single year, having made $7.67 billion, beating the previous record of $7.61 billion from 2016.

The news is notably significant because a) it's only July, and b) it also still has three substantial aces up its sleeve for this year.

Frozen 2, Maleficent 2 and Star Wars: The Rise of Skywalker, are all still to be released, and could feasibly add another $2.5 billion or more to its running total.

Among the big hitters so far this year for Disney are the Marvel movies Avengers: Endgame ($2.79 billion), Captain Marvel ($1.1 billion), Aladdin ($1 billion), The Lion King ($962 million, and counting) and Toy Story 4 ($917 million).