Disney First Studio This Year to Cross $1 Bil in Domestic Grosses

10:43 AM PDT 7/8/2012 by Pamela McClintock

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Milestone reached Sunday as Pixar's "Brave" nears $175 million in North American grosses.

Summer hits The Avengers and Brave have propelled Disney to become the first studio of the year to cross $1 billion in domestic box office revenues.

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Disney will reach the milestone on Sunday.

The Avengers, from Marvel and Disney, has now grossed $611.1 million domestically, the No. 3 showing of all time after Avatar and Titanic, both from James Cameron. Globally, the film also is No. 3 with $1.5 billion.

Pixar's Brave continued to do strong business in its third weekend, grossing $20.2 million for a domestic cume of $174.5 million. The 3D toon has grossed $211.1 million worldwide.

Disney will reach $1 billion in 188 days, beating the studio's previous record of 210, set in 2010. This marks the seventh year in a row -- and the 16th time in 19 years -- that Disney has achieved the milestone.