The Lilo & Sтιтch live-action movie has officially pᴀssed the coveted $1 billion milestone at the box office. The film opened over Memorial Day weekend, where it beat out the first weekend sales of Mission: Impossible – The Final Reckoning by a long sH๏τ. Even as compeтιтors have been released in theaters, Lilo & Sтιтch has stayed strong.
This has represented a big turnaround when it comes to Disney’s live-action adaptations this year. In March, the studio put out Snow White. Not only was that movie poorly received by critics, but it struggled at the box office, setting the company off on a rocky path.
As per ᴅᴇᴀᴅline, Lilo & Sтιтch has now crossed the $1 billion mark. With the recent numbers collected, the film is reportedly at $1.001 billion. This is split between $416.2 million domestically and $584.8 million in international markets.
What This Means For Lilo & Sтιтch
It Is The First Hollywood Movie To Make $1 Billion This Year
With this milestone, Lilo & Sтιтch has become the first Hollywood movie this year to cross $1 billion. One other film crossed that mark this year, but this was the China-produced animated film Ne Zha 2. As such, this marks an important moment not only for the movie itself, but for Hollywood’s box office year.
This is especially true because it may be a while before Hollywood sees another $1 billion film. Jurᴀssic World: Rebirth is doing fairly well so far, with a $544.2 million overall gross to date. Its domestic opening, however, was far less than that of Jurᴀssic World Dominion, potentially indicating lower overall box office returns.
This comparison further solidifies just how popular Lilo & Sтιтch was. While it had a built-in audience from the animated movie and series, it was not established as a live-action franchise. Even so, it has done better than IPs such as Mission: Impossible and Jurᴀssic World, showing how strong it is.
Additionally, the milestone comes not long after Disney confirmed the development of Lilo & Sтιтch 2. This update makes sense as the live-action remake was already on its way to $1 billion, becoming the first film under their banner to do so in a while. This milestone would only further push the sequel developments, especially given how popular the IP is as a whole.
Our Take On The Lilo & Sтιтch Box Office
More Live-Action Remakes Are Coming
Disney has done these kinds of numbers before with their live-action remake content, but it has been a while. Lilo & Sтιтch proved what the company can do when it comes to these adaptations. For that matter, How to Train Your Dragon also showed just how successful a well-made live-action remake can be.
Not only does this let Disney breathe easily as live-action Moana comes down the pipeline, but it also means that more live-action films are on their way. Some audiences might bemoan these upcoming movies, but I still think Lilo & Sтιтch serves as a hopeful sign of their potential quality. With $1 billion in their pockets, Disney should have the resources to make the sequel just as good.
Source: ᴅᴇᴀᴅline