What's affecting Disney's revenues? – Realistic of the market

Disney's second quarter business revenue

The Walt Disney Company (DIS) 's $ 14.92 billion business figure exceeded the forecast of $ 14.36 billion for the second quarter of fiscal 2019. The company has exceeded its revenue estimates for the past three consecutive quarters. Its turnover increased 2.6% year-on-year (prior year) in the second quarter of fiscal 2019.

Comcast Media Peers and Dish Network also announced their results of the first quarter recently. Comcast's revenue grew 18 percent year-over-year in the first quarter, but was less than the 27.2 billion expected by badysts, while Dish Network's revenue was in line with expectations of 3 , $ 19 billion for the quarter, but dropped about 8% year-over-year.

Income Drivers

Growth of about 3% of Disney's revenue stems mainly from strong growth in its direct revenues to the Consumer & International segment, including its 60% stake in Hulu, which grew 15% year-over-year.The company finalized the acquisition Important media badets of 21st Century Fox on March 20, after rival Comcast decided to pull out of the war.The purchase by Disney of Fox's badets generated additional revenue of $ 373 million and a profit operating income of $ 25 million in the second quarter of fiscal 2019.

Disney's Parks, Experiences and Products segment also posted a revenue improvement of 5% in the second quarter by spending higher in theme parks and resorts of the company. Disney's Media Networks business revenue, which includes ESPN, remained flat at $ 5.5 billion during the quarter, improving its Cable Networks division, supported by an increase in its business figure, was offset by a decline in the broadcasting division.

Disney's Studio Sales The entertainment sector fell by 15% year-over-year due to the lack of blockbuster films during the quarter compared to the previous quarter, which included hit movies such as Black Panther and Star Wars: The Last Jedi