Originally posted on Variety:
The Angelina Jolie-starrer “Maleficent” looks to be beneficent for Disney at the box office.
The live-action “Sleeping Beauty” reboot is on track to open to north of $60 million on May 30, according to early estimates. The $175 million-plus production needs to do strong business overseas to see a profit.
“Maleficent” comes on the heels of “Frozen’s” mega success and thereby revived interest in Disney princess movies. It also follows several other Disney re-imaginings: 2010’s “Alice in Wonderland” and last year’s “Oz The Great and Powerful.” Both of those movies were box office hits, although “Oz” underperformed overseas. “Maleficent” would need to match “Oz’s” $493 million worldwide cume to make an impact.
Meanwhile, “Alice in Wonderland” bowed to a record-breaking $116 million and went on to haul over $1 billion worldwide. But that VFX-heavy Disney fantasy pic was bolstered by the brand value of Tim Burton and Johnny Depp.
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