Date: 12th June 2006

'Cars' marks Disney-Pixar's third biggest opening

"Cars," the latest animated feature from newly merged Walt Disney Co. and Pixar Animation Studios, zoomed into first place at North American theaters with weekend ticket sales of $62.8 million, but failed to do as well as some industry experts expected.

It was Disney-Pixar's third-biggest weekend debut and the team's seventh straight hit. While the movie did better than Deutsche Bank's forecast of a $60 million opening, it failed to meet other estimates which projected "Cars" would match or exceed the $70 million generated by "The Incredibles" and "Finding Nemo" -- Disney-Pixar's top-grossing films.

Source: Press Release