The movie, based on the classic children's book by Rudyard Kipling, brought in an estimated $103.6 million in US and Canadian theatres, according to an e-mailed statement from ComScore Inc. It easily beat two other new releases, the comedy Barbershop: The Next Cut and the action movie Criminal, which placed second and sixth, respectively.
Read more from our special coverage on "THE JUNGLE BOOK, DISNEY"
Disney enters 2016 with all five of its film units - including Lucasfilm, Marvel and Pixar - firing on all cylinders. That's led some analysts to predict the company will release a record number of $1 billion movies in a single year. Along with the success of Pixar's Zootopia and this weekend's Jungle Book, Disney soon will release the Marvel movie Captain America: Civil War, which already has wowed critics three weeks before its US release.
"Disney probably has four $1 billion movies this year," Jeff Bock, analyst at Exhibitor Relations Co, said in an interview. Universal Pictures currently holds the record, with three in 2015.
"All you can do is mimic them. Unlike Universal Pictures, Disney isn't going to have a down year for maybe a decade."
Jungle Book had been forecast to generate $81 million in its debut weekend, though analysts at Boxoffice.com raised their prediction to more than $100 million before the weekend. Bock said the movie could gross $1 billion worldwide. Ticket sales are split roughly 50-50 with theater owners.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
)