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Barbie, the movie starring the iconic doll produced by Warner Bros., has achieved a significant milestone by grossing over billion at the global box office since its release on July 21. Warner Bros. reported that the fantasy-comedy film earned 9 million in domestic theaters and an additional 2.1 million internationally, bringing its total earnings to .03 billion.

This achievement makes Barbie the first billion-dollar film for Warner Bros. Discovery, which was formed through a merger in 2022. It is also the second highest-grossing movie of the year, following Universal’s The Super Mario Bros. Movie, which earned .3 billion since its April debut.

Directed by Greta Gerwig, Barbie is notable for being the first movie directed solely by a woman to reach this box office milestone. It also holds the title of the highest-grossing live-action film in the domestic market for a female director, surpassing Wonder Woman and Captain Marvel.

Despite facing tough competition from other movies like Teenage Mutant Ninja Turtles: Mutant Mayhem, Meg 2: The Trench, and Oppenheimer, Barbie has remained the number one movie at the box office for three consecutive weekends.

The success of Barbie has not only been a major win for Warner Bros. but has also had a significant impact on the media and entertainment industry as a whole. Investors looking to benefit from this success may consider ETFs that have exposure to media stocks.

Some notable ETFs in this sector include the Invesco Dynamic Media ETF, which provides exposure to companies involved in the media industry through tracking the Dynamic Media Intellidex Index. The Communication Services Select Sector SPDR Fund offers exposure to companies in telecommunications services, media, entertainment, and interactive media and services. The First Trust S-Network Streaming & Gaming ETF tracks the S-Network Streaming & Gaming Index, while the Invesco S&P 500 Equal Weight Communication Services ETF follows the S&P 500 Equal Weight Communication Services Plus Index.

These ETFs have seen varying levels of success and have different expense ratios, making them suitable for investors with different risk outlooks. It is important for investors to conduct thorough research and consider their investment goals before making any decisions.

Overall, Barbie’s tremendous box office success has not only solidified its position as a blockbuster film but has also had a significant impact on the media industry and presents an opportunity for investors interested in the sector.

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