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(DIS) will re-release the hugely successful "Avengers: Endgame" movie with extra footage in a likely bid to oust "Avatar" as the top grossing movie of all time. Disney stock edged closer to a buy point.XThe Marvel superhero movie shattered records with a $1.22 billion worldwide opening weekend in late April. But it trails "Avatar" as the biggest movie ever, having earned $2.74 billion globally vs. $2.79 billion for the 20th Century Fox science-fiction blockbuster. Disney now owns "Avatar" with its acquisition of Fox's media assets."Not an extended cut, but there will be a version going into theaters with a bit of a marketing push with a few new things at the end of the movie," Marvel head Kevin Feige told Screen Rant. "If you stay and watch the movie, after the credits, there'll be a deleted scene, a little tribute, and a few surprises."Feige also confirmed that "Endgame" will be released afresh on June 28. Disney bought Marvel Entertainment in 2009 for about $4 billion.Meanwhile, the Dow Jones
media giant's "Toy Story 4" hits theaters Friday, after setting a record for best advance ticket sales for any animated movie this year on Fandango and Atom Tickets.Analysts estimate the new Pixar movie could reach between $180 million and $190 million over the opening weekend, topping a massive $110 million launch for "Toy Story 3" nine years ago.More blockbusters later this year should continue to boost Disney's film segment, including a remake of "The Lion King" in July and "Frozen 2" and "Star Wars: The Rise of Skywalker" in the fall.Meanwhile, Disney continues to bullish forecasts for its Disney+ streaming service, set to debut Nov. 12. The newest Disney video streaming service will ultimately exclusively hold the entire classic library of Disney, Pixar, Marvel, Lucasfilm and National Geographic titles, as well as new movies and TV shows.Disney Stock Near Base-On-Base EntryShares were up 1.2% to 140.92 in stock market trading, still below a 142.47 second-stage buy point. Disney stock is up more than 20% from a first-stage cup-with-handle breakout past 115.90 in April, which came with its reveal of Disney+ streaming.The relative strength line, which tracks a stock's performance against the S&P 500, has also moved steadily higher since April. It's the blue line in the chart below.The Dow Jones Industrial Average gained 0.15%.YOU MAY ALSO LIKE:Want Insight On The Hottest Stocks? Get A Week Of Free IBD Leaderboard Access HereWant To Get Quick Profits And Avoid Big Losses? Try SwingTraderBest Growth Stocks To Buy And Watch: See Updates To IBD Stock ListsThe post Disney Has Trick Up Its Sleeve To Make 'Avengers: Endgame' The Biggest Movie Ever appeared first on Investor's Business Daily. Weiter zum vollständigen Artikel bei "Investors Business Daily"
Quelle: Investors Business Daily