The US$1b global haul pales in comparison to the original movie’s US$680m ($1.2b) earnings in 2016, with Screen Rant citing the new film’s stronger appeal across global markets, with notable success in the US, China, and Europe.
“This success also emphasises the importance of theatrical distribution for animated films, showcasing that there is still a significant demand for high-quality family films on the big screen, even as streaming services continue to dominate the market,” Screen Rant’s Alexis Zaccaria wrote.
Despite mixed critical reviews, Variety reported the film benefited from positive word of mouth among moviegoers and remained in the top five on US domestic charts for seven consecutive weekends.
“Moana 2 has far surpassed our high expectations this weekend and is a testament to the phenomenon that Moana has become. This is a moment to celebrate, and we’re thankful to all the moviegoers and fans who’ve helped make this a record-breaking debut," Disney Entertainment co-chairman Alan Bergman said in a statement at the time.
A spokesperson for Hoyts confirmed to the Herald Moana 2 also opened in the number-one spot in New Zealand cinemas and stayed there throughout its opening week, with both the English and Māori versions of the film earning a combined $3.14m.
It was also the highest-grossing weekend for an animated film of all time in New Zealand, beating out 2004’s Shrek 2, which at the time took out $2.2m.
Its meteoric success comes as the Walt Disney Company is also facing a multibillion-dollar lawsuit after claims of plagiarism were mounted against both films in the series.
Animator Buck Woodall has filed a suit in California, seeking damages of at least US$10b ($17.9b) over a claim Disney allegedly stole elements of a screenplay for a film called Bucky, which he wrote in the early 2000s.
According to Decider, Moana director Ron Clements said in a court declaration the film was “not inspired by or based in any way on [Woodall] or his Bucky project, which I learned of for the first time after this lawsuit was filed”.