Disney has already broken the record for highest-grossing year for a movie studio ever at the box office - and it's only July

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Disney has already broken the record for highest-grossing year for a movie studio ever at the box office - and it's only July

Captain Marvel Marvel

Disney

"Captain Marvel."

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  • Disney broke its own record, which it set in 2016, for the highest-grossing year ever for a movie studio - and there's still five more months left in the year.
  • As of Sunday, Disney had brought in $7.67 billion at the worldwide box office, surpassing its 2016 record of $7.61 billion.
  • The studio also has the top five domestic earners of the year.
  • Visit Business Insider's homepage for more stories.

Disney movies cannot do wrong in 2019.

The studio is churning out box-office sensations on what seems on a weekly basis, and it's led to it breaking a huge record. On Sunday, Disney announced that its global box-office total for 2019 had hit $7.67 billion. That surpassed the previous yearly record for a studio from 2016, also held by Disney, of $7.61 billion. And there's still five more months left in the year!

Disney has been able to hit the record in half a year's time by having an unprecedented string of huge releases so far. It currently has the top five highest-grossing domestic movies of the year. And three of those - "Avengers: Endgame," "Captain Marvel," and "Aladdin" - have all grossed over $1 billion worldwide. Those titles will soon have company as "The Lion King" and "Toy Story 4" are close to hitting the milestone as well.

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Also, "Endgame" recently surpassed "Avatar" to become the highest-grossing movie of all time with close to $2.8 billion earned worldwide.

Avengers Endgame Disney

Disney

"Avengers: Endgame."

And Disney's total figure for the year is only going to climb as 2019 continues.

Still on tap to hit theaters for the studio are two highly anticipated movies: "Frozen II," the sequel to the hugely successful 2013 original; and "Star Wars: Rise of Skywalker," the conclusion to the epic Skywalker saga in the "Star Wars" franchise.

Read more: How that scene of Leonardo DiCaprio in a classic movie during 'Once Upon a Time... in Hollywood' was pulled off

As all the other studios in Hollywood try to figure out how to compete with the money-making monster Disney has become, all they can do now is sit back in awe.

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Disney currently holds a 37% of the domestic movie market share.

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