Advisers
Learn
Newsletter
Offers
Podcast
About
  Back
~
1
min read
· Posted on
February 21, 2024

The Super Mario Bros movie breaks movie records so Mario and Luigi are officially the highest paid plumbers in Hollywood

The new Super Mario Bros film was released to the biggest global opening for an animated film ever.

What's the key learning?

  • The new Super Mario Bros film had a total of $377m USD in global ticket sales over the weekend alone, beating Frozen II.
  • JPMorgan estimates that The Super Mario Bros. Movie could contribute as much as $300 million to Nintendo's 2023 profits.
  • Nostalgia can drive economic success.

👉 Background: The Super Mario Bros movie has been in the works for a VERY long time. In fact, a Super Mario Bros movie was made in 1993 and completely flopped. So it took nearly 30 years to recover from that debacle.

👉 What happened: Now, the new Super Mario Bros film was released to the biggest global opening for an animated film ever. We're talking a total of $377m USD in global ticket sales over the weekend alone, beating Frozen II.

👉 What else: JPMorgan estimates that The Super Mario Bros. Movie could contribute as much as $300 million to Nintendo's 2023 profits. As a result, Nintendo’s share price has jumped over 4% because investors are excited about the potential.

What's the key learning?

💡Nostalgia can drive economic success. So many generations of adults grew up playing different iterations of the Mario franchise.

💡After the success of this Super Mario Bros movie, there are already talks about sequels. On top of that, it will also fuel sales for Nintendo's Mario video games.

💡Investors are so excited because this creates a flywheel effect that benefits from more and more movie releases. And Mario Bros ain’t the only ones... We’ve seen it with Lego movies and soon Barbie too!

‍

Ready to win at money?

Sign up for Flux and join 100,000 members of the Flux family

Sign Up
A button to App StoreGoogle Play store button
Excellent  4.9 out of 5
Star rating
© 2024 Flux Technologies Pty Ltd and Flux Media Pty Ltd
All rights reserved.
Explore
HomeLearnPodcastAboutNewsletterFlux at WorkAdvisers
Offers
Home LoansSavings AccountsBank AccountsShare TradingCar LoansCredit Cards
Support
CareersContact usPrivacy PolicyTerms of Use
Disclaimer: Flux Technologies Pty Ltd (ABN 86 634 507 172) is an authorised representative (Representative No. 1283166) of Mozo Pty Ltd who is the holder of AFSL No. 328141. We also provide general advice on credit products under our own Australian Credit Licence No. 530103. The product information presented does not constitute an offer and we are not recommending or suggesting any particular product. Any product advice presented is of a general nature only, and is not to be taken as any sort of advice as it has not taken into account your personal circumstances, objectives, financial situation or needs. Flux may not cover all products available to you. Check out our Credit Guide and Financial Services Guide for more information.

All information contained in the Flux app, www.flux.finance, www.joinflux.com, app.flux.finance and any podcast of Flux Media Pty Ltd (ABN 27 639 804 345) is for education and entertainment purposes only. It is not intended as a substitute for professional financial, legal or tax advice. Flux Media Pty Ltd is the owner of the registered trade mark, 'What the Flux'. While we do our best to provide accurate information on the podcast, we accept no responsibility for any inaccuracies that may be communicated.
No items found.