After being initially projected to end the year with a total box office intake of $6.5 billion, Disney has managed to do even better, breaching the $7 billion mark.

RELATED: Disney's 2018 Box Office Is Second-Biggest in Studio's History

This marks only the second time in history that any studio has hit that landmark, with Disney itself setting the record in 2016 with $7.6 billion. It overtakes Universal, which held second spot for its 2015 haul of $6.89 billion.

With three weeks left in the year, Ralph Breaks the Internet still a hot property and Mary Poppins Returns to be released for Christmas, it remains to be seen if Disney can get anywhere near that figure from two years ago. But this haul is no surprise given the banner year the studio has had. Disney had three of the four movies that crossed the billion dollar mark this year: Avengers: Infinity War became only the fourth movie to ever cross $2 billion, while Black Panther and Incredibles 2 both went over $1.1 billion.

RELATED: Disney is Poised to Dominate the 2019 Box Office

With Avengers: Endgame, Captain Marvel, Frozen 2, Toy Story 4 and a plethora of other blockbusters out in 2019, however, next year is widely tipped as the year the House of Mouse will dominate Hollywood and the international entertainment industry even more, en route to setting its all-time highest box office haul.

(via Variety)