Avengers 4 tops Avatar at box office

July 22, 2019

Avengers: Endgame is now the highest-grossing film of all time.

Disney said the Marvel movie earned US $2.79 billion at the global box office through July 21, topping Avatar’s record of $2.78 billion set in 2009 and 2010.

Disney owns the Avengers franchise through the 2009 purchase of Marvel Studios. It acquired Fox Studios earlier this year and also owns Avatar and its upcoming slate of four sequels.

As reported by Forbes, the big factor in Endgame passing Avatar at the global box office was its huge grosses in China. The movie earned US $679 million in the United States, another $359 million in China and $2.048 billion worldwide.

Avengers: Endgame has also drawn critical acclaim.  Reviewers have called the film such things as “glorious,” “irresistible,” and “intensely satisfying.” Its score on Rotten Tomatoes  which aggregates film reviews is 94% favourable by critics and 91% by audiences.

Disney’s success with these titles is an example of its enduring brand power. In any market, language and currency, the movies resonate with audiences. Audiences know they will get original, animated creations, with family-friendly, uplifting messages and leave the theatre feeling good.  The consistency encourages loyalty.

The biggest Disney blockbuster, adjusted for inflation is Snow White and the Seven Dwarfs which was first released in 1937, more than 80 years ago. Snow White has been released many times since and continues to attract viewers.

Snow White was Disney’s first full-length animated film and a great risk when it was released. It was an instant critical and commercial success.

Disney’s top five grossing films including Snow White are: Star Wars: The Force Awakens in 2015; 101 Dalmatians, in 1961, The Lion King, in 1994 and Fantasia in 1940.

Disney is a top holding of the Harvest Portfolio Group’s Harvest Brand Leaders Plus Income ETF (TSX: HBF, HBF.U).

As of June 28, 2019, the ETF held 20 global brand leaders who are part of the dividend elite, with an average dividend yield of 1.96%. The ETF is RRSP, RRIF, RESP and TFSA eligible and distributions are paid monthly as cash or through a Distribution Reinvestment Plan (DRIP). The ETF’s management fee is 0.75%.

For more on  Harvest ETF’s click here.

The views and/or opinions expressed in the blog are of a general nature and are for informational purposes only. Blog contents should not be considered as advice and/or a recommendation to purchase or sell the mentioned securities or used to engage in personal investment strategies. Investors should consult their investment advisor before making any investment decision.

You may also like…

Disclaimer

You will usually pay brokerage fees to your dealer if you purchase or sell units of the Fund(s) on the TSX. If the units are purchased or sold on the TSX, investors may pay more than the current net asset value when buying units of the Fund(s) and may receive less than the current net asset value when selling them. There are ongoing fees and expenses associated with owning units of an investment fund. Investment funds are not guaranteed, their values change frequently and past performance may not be repeated. An investment fund must prepare disclosure documents that contain key information about the fund. You can find more detailed information about the fund in these documents.

Certain statements in the Harvest Blog are forward looking Forward-looking statements (“FLS”) are statements that are predictive in nature, depend upon or refer to future events or conditions, or that include words such as “may,” “will,” “should,” “could,” “expect,” “anticipate,” “intend,” “plan,” “believe,” or  “estimate,” or other similar expressions. Statements that look forward in time or include anything other than historical information are subject to risks and uncertainties, and actual results, actions or events could differ materially from those set forth in the FLS.

FLS are not guarantees of future performance and are by their nature based on numerous assumptions, which include, amongst other things, that (i) the Fund can attract and maintain investors and have sufficient capital under management to effect their investment strategies, (ii) the investment strategies will produce the results intended by the portfolio managers, and (iii) the markets will react and perform in a manner consistent with the investment strategies. Although the FLS contained herein are based upon what the portfolio manager believe to be reasonable assumptions, the portfolio manager cannot assure that actual results will be consistent with these FLS.

Unless required by applicable law, Harvest Portfolios Group Inc. does not undertake, and specifically disclaim, any intention or obligation to update or revise any FLS, whether as a result of new information, future events or otherwise.

Subscribe to our newsletter and stay informed

Join Us & Stay Informed!

* indicates required

Your Preferences   (Please select all the ways you would like to hear from)


You are a *


Confirm *