'Beauty and the Beast' nabs $357 million worldwide

'Beauty and the Beast' nabs $357 million worldwide

Disney's Beauty and the Beast charms its way to the hearts of audiences in Southeast Asia, taking in a remarkable cumulative box office of USD$14.9million across the region on its' opening weekend.

The fact that it is now being retold in a slavish re-creation of a fairly recent film, complete with massive marketing tie-ins and a shameless confidence that people will pay to see basically the same movie again, is, yes, cynical. Beauty's record-breaking debut for a Disney film follows a year in which the world's largest entertainment company posted the three biggest US movies of 2016: Rogue One: A Star Wars Story, Finding Dory and Captain America: Civil War.

The live-action established a couple of records on the way after this unbelievable success. Others in the lucrative group include "Alice in Wonderland", which picked up $1 billion worldwide, "Cinderella" with its $543.5 million global haul, and last year's "The Jungle Book", which racked up a mighty $966.6 million after finishing its run.

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Audience members flocked to Disney's live-action remake of the 1991 classic in record numbers. But here's the clincher: the movie's audience was powered nearly entirely by women. If the movie becomes a box office hit as it's expected to, she can expect a final fee of around $15 million (£12 million).

Shares of Disney have gradually climbed over the years, and fiscal 2016 was great for the company. The actress previously made US$60 million for playing Hermione in all eight of the "Harry Potter" films.

Disney, which shares space with Twenty-First Century Fox, Inc.

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Warner Bros, a unit of Time Warner (NYSE:TWX), and Legendary's Kong fell a respectable 53% in its 2nd frame to $28.9-M for a domestic total of $110.1-M. TWX and Comcast Corporation CMCSA, carries a Zacks Rank #3 (Hold) at the moment.

Instead of being a casualty of the writers, Belle's mother in Beauty and the Beast has a looming presence over the entire film.

Twenty-First Century Fox, Inc.

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