For more detailed analysis visit our substack at https://www.overlookedalpha.com
#disneystock #shorts #finance #investing #stockstobuy #overlookedalpha #stockmarket #theeconomist
#disneystock #shorts #finance #investing #stockstobuy #overlookedalpha #stockmarket #theeconomist
Category
🗞
NewsTranscript
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