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PopWrapped | Movies

Frozen Continues It's Box-Office Heat Streak, Has Become Disney's Biggest Hit

PopWrapped | PopWrapped Author

PopWrapped

Updated 02/6/2014 11:47am
Frozen Continues It's Box-Office Heat Streak, Has Become Disney's Biggest Hit
Media Courtesy of Disney

Kaitlin Banks

Staff Writer

With $846.4 million made since its release in November and “a pair Oscar nominations,” the success of Disney’s Frozen has CEO Bob Iger buzzing.  The film, which has become Disney’s “biggest animated hit ever,” could become the newest franchise for the company.  It is already the most popular brand on the shelves of Disney stores, and with the movie’s recent release in China, and a release in Japan set for March, the success will only continue to grow. Iger says that due to its “franchise potential” we can expect to see Frozen appearing in Disney’s parks in just a matter of time.  This comes after Disney posted a 33% increase in its first quarter numbers, all thanks to the massive success of Frozen, as well as Thor: The Dark World. According to the LA Times, the company is up 75% from last year in its first quarter income, and revenue is up 23% to a whopping $1.9 billion.  But the financial success of these two blockbusters can’t stop Disney Interactive from laying off about 200 jobs. Disney Interactive has been seeing decreases in numbers and fiscal losses since 2008, and with quarter 2 approaching, and no big releases set, these numbers could continue to drop. Keep Up With PopWrapped On The Web! http://www.PopWrapped.com http://www.Twitter.com/PopWrapped http://www.SoundCloud.com/PopWrapped http://www.Popwrapped.Tumblr.com http://www.Facebook.com/PopWrapped http://www.Instagram.com/PopWrapped http://www.Pinterest.com/PopWrapped http://www.YouTube.com/PopWrapped
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