Box Office: Star Wars tipped to gross $3 billion before 2016

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Star Wars: The Force Awakens is projected to be a huge money maker for Disney/Lucas Arts.

The latest edition of the franchise took $500 million at the box office in the opening weekend.

However the real cash cow is the merchandise which is expected to fetch $3 billion before the end of the year and an additional $2 billion over 2016.

Movie lovers across the globe are hailing the latest installation in the George Lucas franchise.

Actor on the red carpet of the Star Wars The Force Awakens premiere in Los Angeles.
Actor on the red carpet of the Star Wars The Force Awakens premiere in Los Angeles.

According to Forbes

Analysts predict Star Wars merch will generate some $3 billion in sales in 2015, and $5 billion over the next 12 months. Disney kicked up its marketing to a higher level Sept. 4 with Force Friday, an engineered shopping day pegged to the launch of a new line of Star Wars toys. It produced holiday-esque sales that bettered Amazon’s Prime Day and neared Black Friday levels, even without any deals, according to Adobe. There were 15 million visits to websites selling Star Wars products between September and November, Adobe says.

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