Great News for Disney Stock Investors: "Iron Man 3" Is Already Bigger Than …
5 views - published on April 29th, 2013 in Disney News tagged Disney, disney news, disneyland, walt disney, walt disney worldLooks like the reviews were right: Iron Man is strictly golden.
According to a latest box bureau figures, Walt Disney‘s (NYSE: DIS ) Iron Man 3 warranted $195.3 during a general embankment this weekend, about $10 million improved than a abroad opening for Marvel’s The Avengers, final summer’s top-grossing film during $1.5 billion worldwide.
Shares of Disney batch changed only somewhat in weekend trading. That’s distinct since of a tough comparable: Iron Man 3 still has a ways to go before apropos a arrange of leader that brings Disney some-more than $300 million in studio handling profit, as The Avengers did.
Still, a win is a win, and Iron Man 3 looks like a knockout in a making.
Meanwhile, behind home …
And not only during a tellurian box office. The House of Mouse is already cashing in here, days forward of a U.S. premiere, around sell sales. I’ve seen a sell collections on arrangement The Disney Store during Park Meadows Mall in suburban Denver. Shirts, movement figures, games — all you’d wish to lure the average 8-year-old boy, and precisely what we design from the world’s largest licensor. Hasbro (NASDAQ: HAS ) saw sales of Marvel toys and sell grow 20% final quarter, no doubt interjection in partial to shelf space during The Disney Store.
The House of Mouse has also teamed with France’s Gameloft to emanate a central Iron Man 3 mobile game, introduced worldwide a day a film non-stop overseas. Today, Apple ranks a diversion tops in a iTunes Store for iPad and third on a iPhone.
My youngest is already personification a diversion on his iPad. Looking during a trailer, we can know why:
All in all, Iron Man 3 looks to be as most a merchandising excavation as it does a box bureau bonanza. That, some-more than anything else, could be what creates this film bigger than The Avengers.
Do we agree? Disagree? Let us know what we consider of Iron Man 3 and either you’d buy, sell, or brief Disney batch right now.
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