“Beauty and the Beast” is a pretty picture for Disney

Summary

LOS ANGELES (Variety.com) -- This is what makes Disney (DIS) such a powerhouse. “Beauty and the Beast,” the studio’s latest live-action update of a cartoon classic, waltzed its way to a towering $170 million debut this weekend, setting a new record for a March opening and solidifying the Mouse House’s status as the dominant player in the film business. No other company can match the streak that Disney is currently enjoying, thanks to a series of multibillion acquisitions that put the likes of Pixar, Marvel, and LucasFilm in its Magic Kingdom.

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