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The Number One: ‘The Lion King’ beat ‘Frozen’ to become the highest-grossing animated movie ever

Yes, the photorealistic Disney remake of the 1994 cartoon hit still counts as being animated. Read More...

It’s time for “Frozen” to let its box office crown go.

Disney’s DIS, -2.01%  remake of “The Lion King” has officially swiped the title of highest-grossing animated movie worldwide of all time (not adjusting for inflation), clawing $1.334 billion as of Aug. 11, BoxOfficeMojo reported.

“Frozen” captured imaginations and ticket sales across the globe in 2013 when it earned $1.287 billion, but the reimagining of the 1994 cartoon classic about the power struggles in a pride of lions (which still falls under the animation category as a “photorealistic computer-animated remake,” CinemaBlend explained) has been a box office hit since opening last month, despite mixed reviews.

Related: ‘The Lion King’ rules the box office, setting multiple records

The new “Lion King” is commonly grouped among Disney’s “live-action” reimaginings of its animated hits, such as this year’s “Dumbo” (a dud at $352 million worldwide) and “Aladdin” ($1.034 billion worldwide). And CGI lion cub Simba and his pals also reign above these live-action adaptations after beating 2017’s “Beauty and the Beast,” which earned $1.263 billion globally, making it the most successful Disney remake ever.

The other animated box office winners include a slew of sequels from Disney’s Pixar Animation Studios, as well as films from the “Despicable Me” franchise by Universal’s CMCSA, -1.09% Illumination Entertainment. Check out the top five highest grossing animated movies worldwide below.

Disney shares DIS, -2.01%  have gained 25% in 2019, while the Dow Jones Industrial DJIA, -1.49%, which counts it as a member, has gained 12%, and the S&P 500 SPX, -1.23% has gained 16%.

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