Read it in Reel Metrics

Short answer: Disney’s acquisitions of Pixar (2006), Marvel (2009), Lucasfilm (2012), and Fox (2019) roughly doubled its domestic share from ~14% (2000-07) to ~28% (2015-25). In parallel, every Big Six studio crossed the franchise-majority threshold, and median grosses for original wide releases collapsed by 44-59%.

Key findings

  • Disney’s domestic market share rose from 14% (2000-07) to an industry-leading ~28% average in 2015-25 when combining Disney- and Fox-branded releases
  • By 2021-25, every major studio earned the majority of its gross from franchise IP: Disney 91%, Paramount 84%, Fox/Disney 71%, Sony 69%, Universal 69%, Warner Bros. 66%, Lionsgate 63%
  • Median gross for a Big Six original fell from 17M (2021-25) — a 44% decline and a 59% drop from its 2008-14 peak of $42M
  • Independent original wide releases grew sharply in volume (110 → 380) but each grossed just $2.5M at the median, barely covering P&A
  • Disney is the only studio with deep diversification across five franchise segments: superhero (MCU), space-opera (Star Wars), animation sequels (Pixar), live-action remakes, and adventure IP
  • The MCU alone has earned $13.0 billion in domestic gross across 37 wide-release entries
  • The resulting two-tier studio system means franchise-rich studios absorb flops (The Marvels, The Flash) while franchise-poor studios are existentially exposed to a single IP family

Publication

Chapter 3 of the Reel Metrics Anatomy of a Franchise Economy series.

See also