Disney purchased Lucasfilm

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In 2012, complete with its Indiana Jones and Star Wars properties, for $4.06 billion. Disney movies won three Academy Awards in the same year. 2014 was another award-winning year for Disney, with Big Hero 6 winning the Best Animated Feature Academy Award. The company also bought Marker Studios for $500 million. In 2018, Comcast placed a $65 billion counter-bid for 21st Century Fox assets, but Disney beat them with a $71.


3 billion offer. Comcast later abandoned the offer in pursuit of Sky Plc france whatsapp fan , giving Disney free will to buy the Fox assets. Disney Financial Performance: Revenues, Expenses, and Profits The Walt Disney Company recently released its financial report for the first quarter of the 2023 fiscal year. Linear works earnings dropped by 5% to $7.3 billion, while operating income dropped by 16% to $1.3 billion.


While domestic channels earnings declined by 1% to $6.1 billion, operating earnings rose 5% to $928 million. The rise in operating earnings was attributed to impressive results at the cable. Broadcasting results were similar to the previous year. International channels earnings for this period dropped 21% to $1.2 billion, while operating revenue was $131 million, a 64% drop. This drop was attributed to reduced advertising and affiliate income.