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How does Disney make money? #shorts
Bullish Studio
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10/5/2023
For more detailed analysis visit our substack at https://www.overlookedalpha.com
#disneystock #shorts #finance #investing #stockstobuy #overlookedalpha #stockmarket #theeconomist
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00:00
Disney is an iconic company that has multiple revenue streams. In 2022 the company made
00:05
$28.7 billion in revenue from its parks, experiences and products and $55 billion in revenue from
00:11
its media and entertainment segment. That media and entertainment segment can be further
00:15
broken down into linear networks, direct to consumer and content licensing. Linear networks
00:21
includes a long list of TV and cable channels, direct to consumer accounts for Disney's
00:25
streaming services and content licensing represents the sale of content to third party providers.
00:30
As you can see Disney parks brought in $7.9 billion of operating income in 2022. Linear
00:37
networks generated $8.5 billion, streaming produced a loss of $4 billion and content
00:41
licensing lost $287 million. Add it all up and deduct total costs and expenses and net
00:47
income over the last 12 months was only $3.1 billion on total revenues of $83 billion.
00:53
Compare that to 2019 when Disney earned $10.4 billion of net income and revenues of only
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