#Luca movie theater movie

After all, animated features can bring in hundreds of millions of dollars at the global box office and even break the $1 billion mark. Universal-owned animation studio Illumination, for example, delayed 'Minions: The Rise of Gru' until 2022 to ensure it could be released to as many theaters as possible.

#Luca movie theater movie

The push also comes as Disney has reorganized its media and entertainment divisions to focus more heavily on digital offerings.ĭisney+ was always going to be home to television series based on Pixar and Disney Animation properties such as 'Monsters Inc.' and 'Big Hero Six.' The strategy has been employed for both its Star Wars and Marvel franchises, too.įor the most part, studios have held off on releasing animated films until movie theaters have reopened. It's only in the last month that the box office has shown signs of revival. The strategy for 'Luca' was crafted when studios were very concerned about theatrical exhibition. Animated films have had a strong track record at the global box office, which should persuade studios to continue to release these features on the big screen. They may not need to worry, analysts said. Pixar became the darling of the Disney company, revitalizing its animation pipeline, which had stalled at the box office.īut, nearly two decades later, Pixar animators are reported to be questioning their role in the ever-expanding Walt Disney Company. Its stories were designed to entertain children and adults alike.ĭisney acquired the studio in 2006, funneling millions into the brand's coffers to produce and release more films. It released the first completely computer-generated feature-length film in 1995 and revolutionized how animated movies were made. Over the course of nearly three decades, Pixar has fundamentally changed the animation industry. 'From the first 'Toy Story' movie to 'Luca,' Pixar has left an indelible creative mark on the art of animation, built a reputation for storytelling brilliance, and in the process, has generated a global box office fortune.'

'It's difficult to imagine 26 years since Pixar first opened its animated toy box to the world,' said Paul Dergarabedian, senior media analyst at Comscore. Its films have earned nearly two dozen Academy Awards, including 10 for best picture, and tallied more than $14.5 billion at the global box office.

Since 1995, Pixar has released 23 other titles, setting the standard for animated movies.