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Box Office: ‘Moana’ Struggles With $52 Million Overseas, ‘Toy Story 5’ Powers to $879 Million Globally

By Variety · 2026-07-12
Box Office: ‘Moana’ Struggles With $52 Million Overseas, ‘Toy Story 5’ Powers to $879 Million Globally

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Why it matters: Disney spent $250M on a live-action remake that opened 32% below its own low-end forecast, validating the risk flagged by 'Snow White's' 2025 flop and putting pressure on the 2028 'Tangled' remake. Meanwhile, Universal's biopic 'Michael' became the first of its genre to cross $1B, and 'Toy Story 5' is on pace to dethrone 'Toy Story 4' as the franchise's top earner — a stark split between established IP and brand-new releases.

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