Disney+ Subscribers

ESPN+ Subscribers

Hulu Subscribers

Subscribers

Revenue segments as reported by the company.

Parks, Experiences & Consumer Products

Disney Media and Entertainment Distribution

Entertainment

Sports

Experiences

Eliminations

Contract License Early Termination

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Costs & Expenses

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Disney

Lucasfilm, is an American film and television production company based in the Letterman Digital Arts Center in San Francisco, California. The studio is best known for creating and producing the Star Wars and Indiana Jones franchises, as well as its leadership in developing special effects, sound and computer animation for film. Lucasfilm was founded by filmmaker George Lucas in 1971 in San Rafael, California; most of the company's operations were moved to San Francisco in 2005. The Walt Disney Company acquired Lucasfilm in 2012 at a valuation of $4.06 billion.

Lucasfilm

ESPN (originally an initialism for Entertainment and Sports Programming Network) is a U.S.-based global cable and satellite sports television channel owned by ESPN Inc., a joint venture owned by The Walt Disney Company (80%) and Hearst Communications (20%). The company was founded in 1979 by Bill Rasmussen along with his son Scott Rasmussen and Ed Egan.

ESPN

The American Broadcasting Company (ABC) is an American commercial broadcast television network that is a flagship property of Disney–ABC Television Group, a subsidiary of the Disney Media Networks division of The Walt Disney Company. The network is headquartered on Columbus Avenue and West 66th Street in Manhattan, New York City. There are additional major offices and production facilities elsewhere in New York City, as well as in Los Angeles and Burbank, California.

Marvel Studios, is a motion picture studio and is a subsidiary of Walt Disney Studios, itself a wholly owned division of The Walt Disney Company, with film producer Kevin Feige serving as president. Previously, the studio was a subsidiary of Marvel Entertainment until Disney reorganized the companies in August 2015.

Marvel Studios

A&E Networks (branded as A+E Networks) is a US media company that owns a group of television channels available via cable & satellite in the U.S. and abroad. A&E stands for Arts & Entertainment. The company is a joint venture with Hearst Communications and Disney–ABC Television Group, a unit of The Walt Disney Company.

A&E Networks

FUSION is a television cable and satellite news and satire channel owned by Fusion Media Group, an American multi-platform media company that is owned by Univision Communications, which relies in part on the resources of its parent company's news division, Noticias Univision. In addition to conventional television distribution, Fusion is also streamed online and on mobile platforms to subscribers of participating cable and satellite providers.

Fusion

Pixar, also referred to as Pixar Animation Studios, is an American computer animation film studio based in Emeryville, California that is a subsidiary of The Walt Disney Company. Pixar began in 1979 as the Graphics Group, part of the Lucasfilm computer division, before its spin-out as a corporation in 1986, with funding by Apple Inc. co-founder Steve Jobs, who became the majority shareholder. Disney purchased Pixar in 2006 at a valuation of $7.4 billion, a transaction that resulted in Jobs becoming Disney's largest single shareholder at the time. Pixar is best known for CGI-animated feature films created with RenderMan, Pixar's own implementation of the industry-standard RenderMan image-rendering application programming interface, used to generate high-quality images.

Pixar

Touchstone Pictures is an American film distribution label of Walt Disney Studios Motion Pictures. Previously, Touchstone operated as an active film production banner of Walt Disney Studios, owned by The Walt Disney Company. Established on February 15, 1984 by then-Disney CEO Ron W. Miller as Touchstone Films, similar to the defunct label Hollywood Pictures, it typically releases films targeted to adult audiences with more mature themes and darker tones than those released under the Disney name. Touchstone Pictures merely serves as a brand and not a distinct business operation, and does not exist as a separate company.

Touchstone Pictures

Hulu (stylized as hulu) is an American subscription video on demand service owned by Hulu LLC, a joint venture with The Walt Disney Company (through Disney Direct-to-Consumer and International)[7] (30%), 21st Century Fox (30%), Comcast (through NBCUniversal) (30%), and as of August 10, 2016, Time Warner (through Turner Broadcasting System) (10%). Through an acquisition announced in December 2017, Disney will acquire Fox's partial ownership, giving it a majority stake when the deal closes.

Hulu

The Walt Disney Co. engages in the business of international family entertainment and media enterprise. It owns and operates television and radio production, distribution and broadcasting stations, direct-to-consumer services, amusement parks, and hotels. It operates through the following business segments: Disney Entertainment, ESPN, and Disney Parks, Experiences, and Products. The company was founded by Walter Elias Disney on October 16, 1923 and is headquartered in Burbank, CA.

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Disney focuses on streaming growth and cost savings for profitability

Disney's strategic transformation aims to drive sustained growth and profitability through cost savings and a focus on core business segments.
The company's strong performance in key segments, successful content releases, and strategic partnerships position it well for future success.
While facing challenges in restructuring and content distribution, Disney is leveraging opportunities in streaming, brand strength, and content licensing for growth.
Overall, Disney's focus on core brands, content curation, and customer experience enhancement aligns with its vision for future success and profitability.

Disney focuses on streaming profitability and parks growth strategies

Disney is strategically aligning its businesses for sustained growth, focusing on cost-cutting, audience engagement, and profitability in streaming services. The company's strong financial performance, diverse content portfolio, and focus on innovation position it well for future success amidst industry challenges and opportunities.

Disney focuses on DTC growth and strategic partnerships for future

Disney's Q3 earnings call highlighted transformation efforts, strong DTC and Parks performance, and strategic initiatives for growth. Challenges in content sales and linear networks were acknowledged, with opportunities in partnerships and pricing strategies. Company prioritizes liquidity, profitability, and smart capital allocation.

Disney triples Q4 earnings, eyes streaming growth and cost efficiency

Disney's strong financial performance in Q4 and fiscal 2023, driven by growth in streaming and experiences businesses, sets the stage for continued success.
Efforts to streamline operations, reduce costs, and focus on core brands and franchises position Disney for long-term sustainability and growth.
Anticipated investments in experiences business and strategic priorities to transform ESPN into a digital sports platform highlight Disney's commitment to innovation and expansion.
Exploration of partnerships, cost-saving measures, and focus on content quality present avenues for Disney to capitalize on emerging opportunities and navigate challenges effectively.

Disney excels in Q1 with strong financials and strategic focus

Disney's Q1 2024 Earnings Call highlighted strong financial performance, strategic initiatives in digital sports and streaming, and a focus on enhancing content quality and subscriber growth. While facing challenges in a competitive landscape and potential cord-cutting impacts, the company is well-positioned to leverage opportunities in gaming partnerships, direct-to-consumer expansion, and park investments.

Disney reports strong Q2 performance and strategic growth initiatives

Disney's Q2 performance was robust, with strong growth in adjusted EPS and profitability in streaming.
The company is strategically investing in content and cost efficiency while exploring new opportunities.
Challenges include content licensing decisions and replicating partnership success.
Overall, Disney remains focused on growth, shareholder returns, and a balanced content strategy.

Disney reports 2% revenue growth in Q3, streaming success highlighted

Disney's Q3 2024 earnings call highlighted revenue growth driven by park IP and streaming success.
The company faces challenges in managing costs, content spending balance, and maximizing profitability.
Opportunities lie in capitalizing on streaming services, global park demand, and strategic partnerships.
Analysts' inquiries focused on Disney's financial outlook, pricing power, and growth strategies for key segments.

Disney reports robust Q4 results, focuses on streaming and Experiences growth

Disney's Q4 earnings call highlights strong performance across key segments, creative content offerings, and strategic investments. While facing challenges in certain areas, the company is focused on leveraging opportunities in streaming, DTC margins, and international expansion. Overall, Disney remains optimistic about its growth trajectory and future prospects.

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Free cash flow

Less than a year after launching Disney+, the entertainment giant is restructuring its business again.

Disney Sharpens Its Focus on Streaming

Expedia

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Disney announced a reorganization around Disney+ as parks and movie theaters struggle to reopen.

Disney: Too Much Disruption

Why Dan Loeb Wants Disney To Cease Its Dividend

The new corporate structure goes into effect immediately.

Walt Disney Reorganizes With a Greater Focus on Streaming Media

The COVID-19 pandemic has forced Disney to completely rethink its release strategy for 2020 blockbusters. With much of its business battered by the coronavirus pandemic, the Walt Disney Company is redoubling its focus on the one bright spot in its empire.

What’s happening at Disney? Major changes underway as company doubles down on streaming

Disney has announced the reorganization of its media and entertainment businesses.

Three Things To Know About Disney’s Media And Entertainment Businesses Reorganization

Disney is restructuring its media and entertainment divisions as streaming has become the most important area of its business under the crush of the coronavirus pandemic. The Mouse House revealed Monday that in order to accelerate its streaming business, it would centralize its media business into a single organization that will be responsible for content.

Disney to reorganize entertainment operations with focus on streaming

Disney jumped overnight as the Dow Jones entertainment giant announced a reorganization that prioritizes streaming media. The post Disney Jumps Late As Dow Giant Says It Will Focus On Streaming appeared first on Investor's Business Daily.

Disney Jumps Late As Dow Giant Says It Will Focus On Streaming

CEO Bob Chapek said the move follows the success of Disney+ and furthers Disney’s plans to “accelerate” its direct-to-consumer business.

Disney Reorganizes To Prioritize Streaming

Disney is going all-in on streaming media.  On Monday, the company announced a massive reorganization of its media and entertainment business that will focus on developing productions that will debut on its streaming and broadcast services.

Walt Disney announces reorganization to focus on streaming

Disney will keep making shows and movies destined for TV networks, cinema screens and streaming services like Disney Plus -- but now the "primary focus" of original content is on streaming.

Disney is rewriting how it develops movies and shows, to focus most on streaming

Walt Disney Co (NYSE: DIS) announced a business reorganization after Monday’s market close that points to a renewed focus on the direct to consumer streaming model. What Happened: Disney announced three new content groups called Studios, General Entertainment and Sports.

Disney's Stock Pops After Company Doubles Down On Streaming

Walt Disney Co. on Monday announced a strategic reorganization of its media and entertainment businesses to focus on streaming, sending shares higher in after-hours trading.

Disney reorganizes media, entertainment businesses to focus on streaming

Disney announced a major reorganization of its media and entertainment business on Monday to "further accelerate" its streaming strategy.

Disney is set to overhaul its entertainment business with focus on streaming

Reacting to its tumultuous 2020 and looking to establish a corporate structure suited to the transformation to come, the Walt Disney Co. has introduced a major streamlining of its media and entertainment businesses. Under the new structure, Disney’s world-class creative engines will focus on developing and producing original content for the Company’s streaming services, as...

Disney Streamlines As COVID-19 Woes Continue, Creating Single Media and Entertainment Distribution Unit Led By Kareem Daniel

Walt Disney Co said on Monday it will manage its content under three separate groups - studios, general entertainment and sports - while housing its distribution and commercialization activities into a global media and entertainment distribution unit.

Walt Disney restructures media and entertainment businesses

Disney is restructuring its media and entertainment divisions, as streaming becomes the most important facet of the company's business.

Disney says its ‘primary focus’ for entertainment is streaming — announces a major reorg

BURBANK, Calif.--(BUSINESS WIRE)--In light of the tremendous success achieved to date in the Company’s direct-to-consumer business and to further accelerate its DTC strategy, The Walt Disney Company (NYSE: DIS) today announced a strategic reorganization of its media and entertainment businesses. Under the new structure, Disney’s world-class creative engines will focus on developing and producing original content for the Company’s streaming services, as well as for legacy platforms, while distri

The Walt Disney Company Announces Strategic Reorganization of Its Media and Entertainment Businesses

In a relatively short update today, California Governor Gavin Newsom hinted that movement is occurring between the Golden State and the likes of Disney and Universal over getting “people back to work” at some of the larger and smaller theme parks in the region. While not giving any details, the former San Francisco Mayor said...

Disneyland & California Continue “Good Faith” Talks Over Reopening Theme Parks With COVID-19 Protocols, Governor Says

Activist investors are now seeking to unlock supposed hidden value in Disney stock. However, the truth is that there's no bargain here.

Skip Disney as It Slashes 28,000 Jobs and Activists Swirl

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Disneyland is hoping to convince Gov. Gavin Newsom that the happiest place on earth is also one of the safest places in California. The theme park has adopted new health and safety recommendations in an effort to spur officials to allow it to welcome back guests, even as Newsom claimed this week that the state

Disneyland Adds Health And Safety Protocols In Hopes Of Reopening Soon

One activist investor sees big potential in Disney+, but will the company do what it takes to unlock it?

News for Disney Stock (DIS)