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The Walt Disney Company conglomerate earned $ 10 billion in the first nine months of its 2019 fiscal year, down 2.68% year-on-year , affected by the acquisition of the 21st Century Fox studios.

With regard to billing, in these three quarters ended last June, Disney entered 11.8% more, 50,470 million dollars , compared to 45,128 million dollars in the same period of the previous year.

In the third quarter results, to which Wall Street analysts paid more attention, the benefits were much lower than those expected by investors but the turnover soared.

Between April and June of this year, Disney had a profit attributed 40% lower than that of the same tranche last year ($ 1,760 million), while it billed 33% more ($ 20,245 million).

"Our third-quarter results reflect our efforts to effectively integrate 21st Century Fox assets to enhance and advance our strategic transformation," company president and CEO Robert Iger said in a statement.

Billing, however, contrasts with the results of the firm at the box office, as highlighted by Iger, who congratulated the film division of his company for reaching 8,000 million in ticket sales worldwide, "a new record in the sector "which he attributed to the Marvel, Pixar and Disney movies .

Iger noted the "incredible popularity of Disney brands," which is a good position for the future launch of Disney +, the paid content platform with which it wants to deal with Netflix.

By divisions, the highest revenues came from media networks (21% more), theme parks (7% more) and studies (33%), with a notable increase from the branch of direct consumer content , whose figures They quintupled.

Audiovisual contents

Losses from "eliminations" also increased fivefold, due to the termination of licenses from ABC Studios and 21st Century Fox Television programs, which went to the Hulu platform, mostly controlled by Disney.

The addition of FX and National Geographic channels boosted revenues from cable television networks , as well as the ESPN sports channel.

Films like "Avengers: Endgame", "Aladdin", "Captain Marvel" or "Toy Story" also explained the good figures of the film studio division.

The data was worse than estimated by investors, so Disney titles fell 2.52% in operations after the closing of Wall Street.

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