The Walt Disney Players (NYSE: DIS) is one of the largest media and entertainment companies in the world, operating a titanic international industry of television networks, film studios, and theme reservations. Disney reported Q3 2018 earnings on November 8, 2018. The global normal giant reported $14.31 billion in revenues this quarter, juxtaposed to $12.78 billion over the same period last year. At the perpetually of writing, Disney has a market capitalization of approximately $172.52 billion.
Disney’s three heftiest business segments are its TV business, its theme park business, and its feature cloud business. These segments include some of the best-known companies in the Like-minded States and around the world, including ABC, ESPN, Disneyland, Lucasfilm, and Astonished at. On December 14, 2017, Disney announced that it would acquire multiple assets from 21st Century Fox (FOX) for a identification $52.4 billion. Following news of the acquisition, Comcast Corporation (CMCSA) filed the fray with a $65 billion offer. On June 20, Disney raised their Fox bid to $71.3 billion and obtained a large portion of 21st Century Fox’s assets on July 27, 2018.
Shortly after the 21st Century Fox possessions in March 2018, Disney began a strategic reorganization that consolidated its consumer consequences and interactive media business under the parks and resorts umbrella and incised out a separate business segment for direct-to-consumer operations. Here are just a few of the mouse accommodate’s biggest companies.
1. Disney/ABC Television Group
Disney/ABC Television Gathering operates Disney’s broadcast television, cable television, and radio topics. The company’s broadcast television businesses include ABC Studios, ABC News, and the ABC Goggle-box Network, which deliver programming to more than 200 district television affiliates across the country. Disney/ABC Television Group also directs eight local television stations in some of the country’s biggest mechanism markets. On the cable side, Disney/ABC Television Group operates the ABC Stock channel and Disney Channels Worldwide, a unit that includes uncountable than 100 Disney-branded cable networks reaching 164 powers and territories around the world.
Disney/ABC Television Group also has disinterest stakes in three independently operated media businesses: A&E Television Networks, Hulu, and Fusion Mode Network. A&E Television Networks is an equally held joint venture with the Hearst Corporation that manages a variety of cable channels including A&E, History and Lifetime. Disney/ABC Telly Group formerly had a 30% stake in Hulu, an online streaming video rite featuring ABC Studios content, but their control of the company increased to 60% after procuring 21st Century Fox. Fusion is another of Disney’s joint ventures, equally purchased with Univision Communications. The multi-platform media company is targeted at Hispanic Americans.
2. ESPN, Inc.
ESPN is a gambols media and entertainment company with eight cable networks in the U.S. and another 16 tube networks internationally. Disney holds a controlling 80% stake in ESPN, with the surviving 20% of the company held by Hearst Corporation. In addition to its television properties, ESPN operates ESPN.com, ESPN Radio, and WatchESPN. ESPN also puts a 30% stake in CTV Specialty Television, a multi-channel Canadian sports broadcaster.
3. Walt Disney Reserves and Resorts U.S., Inc.
Walt Disney Parks and Resorts U.S., Inc. operates Disneyland in California, Walt Disney Unbelievable Resort in Florida, and Aulani, a spa and resort in Hawaii. These operations count numerous company-owned hotels, retail and entertainment complexes, conference centers, and indoor and out of doors recreation facilities. Walt Disney Parks & Resorts also runs Disney theme parks overseas through a handful of international subsidiaries.
Euro Disney S.A.S., the French subsidiary of Disney Woodlands & Resorts, owns 51% of Disneyland Paris. In China, Shanghai Universal Theme Park Co. controls 43% of Shanghai Disneyland Resort and Hong Kong Disneyland Direction controls 47% of Hong Kong Disneyland Resort. While Walt Disney Commons & Resorts does not have an ownership stake in Japan’s Tokyo Disney Turn to, it does earn licensing royalties from the Japanese operating establishment, Oriental Land Co.
In early February of 2018, Disney announced it wish be increasing the ticket prices for its American-based theme parks by around 9%, with a well-known adult one day pass at the Magic Kingdom in Orlando running at $129, as contrasted with of its former price of $124.
4. Lucasfilm Ltd. LLC
Lucasfilm is a film production company with greatest satisfaction known for producing Star Wars and Indiana Jones, two of the highest-grossing haze franchises in history. Disney acquired Lucasfilm in 2012 for $4.06 billion, along with the manufacture company’s subsidiary businesses including Industrial Light and Magic, Skywalker Tough, and Lucas Licensing. Under Disney’s watchful eye, the company is releasing another threesome of Star Wars films and has plans to create a fifth Indiana Jones membrane starring Harrison Ford in 2019. According to the Hollywood Reporter, the body made back its purchase of Lucasfilm in late 2017 when The Terminating Jedi brought the total gross of these new Star Wars motion pictures to $4.08 billion.
5. Marvel Entertainment, LLC
Marvel Entertainment is a media and pageant company with operations in publishing, television, and film. Marvel is choicest known for its catalog of fictional characters, including Spider-Man, Captain America, and the X-Men. Disney secure Marvel and the rights to its more than 5,000 characters in August 2009 for $4 billion. Gape at’s blockbuster superhero films have gone on to be huge earners for Disney, pay the company high spots on the top 10 highest grossing movies of the year for certain years in a row. Marvel Entertainment’s subsidiaries include Marvel Studios, Wonder at Animation, and Marvel Comics.