Showing posts with label finance. Show all posts
Showing posts with label finance. Show all posts

Wednesday, October 21, 2009

Mickey Money



I kind of feel like my friend after she used a meal swipe to get some homeless guy some food only to come back and catch him on his cell phone.

The theme of many recent Disney articles is their desire for more revenue - from parks, new content, etc. - seemingly negatively affected by the recession and crying about it.
Looking at they're annual revenues from 1991 - 2008 (yes, it's Wikipedia, but they're cited), their revenue increases by a greater margin each year.

Last year's annual revenue topped at nearly $38 billion.
You're really suffering guys.

Anyway, the more interesting point is that nearly $16 billion of that is from Disney Media Networks. This isn't surprising when you realize this includes ESPN as well as Disney channels, ABC channels, and Radio Disney.

Here's yet another reason they moved up someone from their TV department - it's been the their most successful area.

With Rich Ross now heading the movie studios, all the additions to Disney World, revamps to all the Disney Stores and more, looks like Disney's trying to get each of it's sectors up to the level of it's Media Networks.

Wednesday, September 30, 2009

Disney Creativity Recession




According to a recent article in The New York Post, Disney is facing some troubles in vision and finance, citing the fact they've fairly recently acquired Pixar and Marvel while also financing Dreamworks. They see this as a dire need for new content.

Follow the jump.

Monday, September 21, 2009

Mickey Mouse meet Mighty Mouse

Marvel.com
I know, old news at this point, but better late than never.

The $4 billion deal of Disney buying Marvel isn't as confusing as many bloggers/vloggers seem to think considering Disney also owns networks ABC and ESPN; already fairly removed from the wholesome, 1950's sterile image they traditional attempt to keep.

Much, much more under the jump.