ANAHEIM, California, Aug 9 (Reuters) - Walt Disney ( DIS )
, which reclaimed the top of the summer box office with
Pixar animation's "Inside Out 2" and Marvel's raunchy "Deadpool
& Wolverine," opened its D23 fan convention Friday with a live
performance from the anticipated animated film "Moana 2."
Dwayne Johnson, a featured star joined by Auli'i Cravahlo
and Hawaiian dancers, told the 12,000 attendees that in
reprising his role as Maui, he would once again be singing,
"Singing in keys that don't exist."
The film reaches theaters on Nov. 27.
The company touted the strength of its movies during an
investor call this week, marking a return to form after losing
its place as the highest-grossing Hollywood studio in 2023.
"It's never too late to have that big Hollywood comeback,"
said Paul Dergarabedian, senior media analyst for Comscore. "And
they've certainly had that."
"Inside Out 2" is the highest grossing animated film of all
time, with a global box office tally of $1.6 billion, surpassing
the record set by Disney's ( DIS ) "Frozen II." A month later, "Deadpool
& Wolverine" had the best domestic opening for an R-rated film
and has brought in more than $850 million in global ticket
sales.
"There is of course variability in the film business," wrote
Deutsche Bank analyst Bryan Kraft in a note to investors. "But
if Disney ( DIS ) has found its box office magic once again, additional
growth may be ahead, as a strong theatrical slate continues."
Disney ( DIS ) CEO Bob Iger extolled the film studio's theatrical
lineup over the next two years, which includes the animated
sequel "Moana 2," a live-action version of "Disney's ( DIS ) Snow
White," a rebooting of the Marvel superhero franchise "The
Fantastic Four: First Steps" and James Cameron's third "Avatar"
movie.
"When you think about not only the potential of those in the
box office, but the potential of those to drive global streaming
value, there's a reason to be bullish about where we're headed,"
Iger said on the investor call.
The release of "Inside Out 2" helped generate more than 100
million views of the original film on Disney+, the company said.
Investors and fans are hoping for more details on Friday
about future plans for the Marvel superhero studio. The company
had to choose a new villain for future films after actor
Jonathan Majors was convicted of assaulting and harassing a
former girlfriend. It also was forced to delay some titles
because of strikes by Hollywood writers and actors last year.
At last month's Comic-Con pop culture convention, Disney ( DIS )
revealed that "Iron Man" actor Robert Downey Jr. will play the
"Fantastic Four" villain, Doctor Doom.