Disney’s “Frozen II” is Expected to be the Company’s 6th Billion Dollar Film This Year

Disney is having one fabulous year. With many blockbuster hits under its belt, the company is now expecting “Frozen II” to be its sixth billion dollar film of the year.

According to current estimates, “Frozen II”‘s opening weekend range is expected to be $120 million to $140 million.

Disney has already garnered more than $8 billion at the global box office since January, breaking the record for the highest-grossing year for a studio ever. Disney set this record in 2016.

“I think a lot of kids are realizing how much nostalgia they have for ‘Frozen,’” said Erik Davis, managing editor at Fandango. “It’s the first film for that generation that they can be nostalgic for.”

“Frozen” had made more than $400 million at the domestic box office. The film picks up not long after the end of “Frozen,” with Anna, Elsa, Kristoff, Olaf and Sven leaving Arendelle in order to go to an ancient forest where they expect to find the origin of Elsa’s frosty powers and save their kingdom.

“A $100 million three-day weekend is a foregone conclusion,” said Paul Dergarabedian, senior media analyst at Comscore.

“Disney now holds the record for top three animated movie pre-sales on Atom, for ‘Frozen II,’ ‘Toy Story 4,’ and ‘Incredibles 2,’” Matthew Bakal, co-founder and chairman of Atom Tickets, said in a statement to CNBC.

Disclaimer: We have no position in Walt Disney Co. (NYSE: DIS) and have not been compensated for this article.