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Walt Disney made a profit of 2 billion euros in the last quarter. Total sales increased 12% to 12.5 billion euros.
Disney has been particularly successful with theme parks and several blockbuster movies. The parks have attracted more visitors around the world. They also spent more than last year. In addition, the hit movies Ant-Man and the Wasp and Incredibles 2 bring in a lot of money.
Television is currently the most important part of society. There was also growth, aided by better TV program sales and additional revenue from pay-TV premiums ABC to Disney.
This was the fourth quarter of the company's fiscal year. Sales in the last twelve months amounted to 52.2 billion euros. This is an increase of 8%. Annual profit rose 40% to 11 billion euros.
Topman is pleased with the numbers
President and CEO Robert Iger is very pleased with the numbers. He is talking about a record business figure. He also points out that Disney is currently working hard to finalize the acquisition from 21st Century Fox's lion.
As a result of this megadd worth more than 62 billion euros, well – known film series come under the names Avatar and . ] X-Men in the hands of Disney, who already owns the rights to Star Wars and movies from Marvel Studios. In addition, the agreement covers a large number of Fox TV channels.
By incorporating these Fox components, Disney hopes to be even more competitive with streaming services such as Netflix.
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