“Toy Story 3” to Join $1-Billion Club

Woody and Buzz Light Year are about to make Disney the first company to release two billion-dollar earners in the same year. Disney said in a statement that “Toy Story 3,” the third installment of the adventures of toys Woody and Buzz, will break the $1-billion mark on Friday, becoming the seventh member of the exclusive box-office club.

“Toy Story 3” has raked in more than $997 million in the worldwide box office as of Thursday,. It would join Tim Burton’s “Alice in Wonderland” as Disney’s billion-dollar earners in 2010. The 3-D animated film would also become the third Disney film in the club. “Pirates of the Caribbean: Dead Man’s Chest,” with $1.066 billion, was the first Disney film to make the exclusive group led by James Cameron’s “Avatar,” which has earned $2.74 billion worldwide.

Disney studios chairman Rich Ross said the box-office performance of “Toy Story 3” and “Alice” proved that “creative storytelling” scores a lot of points with viewers. “These box office triumphs prove that creative storytelling brought to life by imaginative, inspired and talented professionals is something audiences respond to the world over.”