United Kingdom, July 15 -- Disney and Pixar's Toy Story franchise has reportedly generated an estimated $51 billion in global economic activity over the past three decades.

According to a newly commissioned study released as Toy Story 5 continues its dominant run at the worldwide box office, after the animated series, which began with the groundbreaking original Toy Story in 1995, became one of the Walt Disney Company's most valuable entertainment properties.

Disney-commissioned research by independent impact advisory firm Steward Redqueen estimates the franchise has contributed $51 billion to the global economy through consumer spending on films, merchandise, theme parks, streaming, music and related industries.

The findings come as T...