"Beauty and the Beast", the studio’s latest live actionupdate of a cartoon classic, waltzed its way to atowering $170 million debut this weekend, settinga new record for a March opening and solidifying theMouse House’s status as the dominant player in thefilm business.
No other company can match the streak that Disneyis currently enjoying, thanks to a series of multi-billion acquisitions that put the likes of Pixar,Marvel, and LucasFilm in its Magic Kingdom.
"Beauty and the Beast" represents another part of Disney's branded strategy.
It's the latest fairy tale adaptation to hit screens.
Others in the lucrative group include "Alice in Wonderland," which picked up $1 billion worldwide, "Cinderella" with its $543.5 million global haul, and last year's "The Jungle Book," which rackedup a mighty $966.6 million after finishing its run.
Remakes of "Dumbo" and "Mulan" are already in the works, as Disney commits to putting a liveaction spin on the bulk of its animated properties (Fans of "Treasure Planet" may be out ofluck).