Illumination Entertainment is backing all of its franchise properties with an upcoming slate wholly populated by sequels. This year we will see Despicable Me 3 (Despicable Me 2 did $971m globally) and, along with that, The Secret Life of Pets 2 is due in July 2019 (The Secret Life of Pets grossed $875.5m internationally), Sing 2 and Minions 2 have been announced for 2020 (Sing is currently on $431m internationally and Minions smashed $1.16bn).
Illumination Entertainment, especially with Sing, is bridging that gap between disposable throwaway tosh and emotionally engaging family entertainment that Pixar have dominated over the years. They are managing to balance the pop culture reference with real resonance.
For Universal Pictures, who have acquired DreamWorks Animation, distribute Laika and are home to Illumination Entertainment, it means that they are the biggest competitor to Disney in the animation arena.
Look out, Mouse House, the competition is getting fierce!