Monday, August 12, 2019
Company Analysis of the Walt Disney Company (DIS) Term Paper
Company Analysis of the Walt Disney Company (DIS) - Term Paper Example It later diversified into productions of live film streaming, travel and television networks; changing its name to Walt Disney Company in 1986. The then existing operations of the Walt Disney company were expanded alongside the developing several divisions of publishing, music, theatre, online media and radio. The Walt Disney Company has developed other divisions that help in the marketing of mature contentsà as opposed to the previously marketed family oriented flagships that forms part of its vast revenue. Walt Disney studio is well recognized for the film products it produces, earning a place and recognition at the Hollywood. The film studio is the largest in America. Other American divisions operated by Walt Disney Company include Disney channel; a cable television network, ABC broadcast Television network, A+E Networks, ESPN, and ABC family. It also owns a number of theatres, merchandising and publishing corporations plus 14 theme parks all over the globe all of which it is li censed to undertake. Since the year 1991, Walt Disney has been a component of Dow Jones Industrial (Schaffer et al 2009). Its early cartoon creation, which is the official mascot of the Disney Company, is known as the Mickey Mouse that has starred in a number of Walt Disney produced films. Walt Disney acquired the ownership of the Marvel entertainment in December 2009 for $4.24 billion, with a deal not transform or affects any of the Marvel Companyââ¬â¢s products and characters. In October 2009 after the replacement of Dick cook by Rich Ross, Walt Disney was put under massive restructuring. Ross was determined to increase the Companyââ¬â¢s focus on the production of family friendly items36 (Securities Industry Foundation for Economic Education, 1997). The financial nature of the Walt Disney Company has been particularly attractive for an exceedingly long time. It has on the largest revenue base not only in the United States but also all over the world. It has continued to expa nd its divisions with among the latest acquisition being the ground breaking of Shanghai Disney Resort at a cost of $44.4 billion; expected to be opened in 2015. There are also plans underway to recruit new businesses or characters with exceptional abilities to improve on the Companyââ¬â¢s stories and characters. It also announced in October 2012, that the Company intended to purchase Lucasfilm at a cost of $4.05 billion. Federal Trade Commission approved the merger; known as Disney-Lucasfilm in December 4 2012, giving the Company the green light to finalize the deal without the necessity of dealing with antitrust problems. In general, the Company is a five primary segments and units that include the Walt Disney Studios, Media networks, parks and resorts, studio entertainment and Disney consumer products such as clothing, toys and other Disney-owned property merchandise. Walt Disney Company Financial statement between 2009 and 2012 Currency in Millions of US Dollars As of: Oct 02 2010 Oct 01 2011 Sep 29 2012 Revenues TOTAL REVENUES Cost of Goods Sold GROSS PROFIT OPERATING INCOME Interest Expense Interest and Investment Income Other Non-Operating Expenses, Total Other Non-Operating Income (Expenses) Merger & Restructuring Charges Gain (Loss) on Sale of Investments Gain (Loss) on Sale of Assets Other Unusual Items, Total EBT, INCLUDING UNUSUAL ITEMS Income Tax Expense Minority Interest in Earnings Earnings from Continuing Operations NET INCOME 38,063.040 38,063.0 31,337.0 6,726.0
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