Variations in Segment Operating Results of Diversified Entertainment Media Companies Under Covid-19
Based on a Case Study of Disney
- DOI
- 10.2991/aebmr.k.220603.088How to use a DOI?
- Keywords
- Disney; COVID-19; DMED; DPEP; Forecast
- Abstract
This paper aims to research the impact of COVID-19 on Disney’s revenues and operating income in the fiscal year 2020-2021 and analyze the earnings of Disney Media and Entertainment Distribution and Disney Parks, Experiences and Products two segments, as well as the change rate of subdivided businesses, based on the recovery of each department. Factors such as the number of visitors, domestic and foreign radio revenues, and global geographical influence can be combined to infer that Disney’s main revenue departments have been transformed into Parks & Experiences, Content Sales/Licensing, and Other, as well as Directly-to-Consumers. This paper also looks ahead to the fiscal year 2022 and forecasts Disney’s next strategic decision intentions and economic recovery. Parks & Experiences, Content Sales/Licensing and Other, and direct-to-consumer will become the main operating pillars of Disney. With the recovery of some capital items such as Disneyland, experience and products, their segment operating income and revenue will also increase and eventually return to the pre-epidemic level.
- Copyright
- © 2022 The Authors. Published by Atlantis Press International B.V.
- Open Access
- This is an open access article distributed under the CC BY-NC 4.0 license.
Cite this article
TY - CONF AU - Ziyi Jia PY - 2022 DA - 2022/07/01 TI - Variations in Segment Operating Results of Diversified Entertainment Media Companies Under Covid-19 BT - Proceedings of the 2022 2nd International Conference on Enterprise Management and Economic Development (ICEMED 2022) PB - Atlantis Press SP - 548 EP - 556 SN - 2352-5428 UR - https://doi.org/10.2991/aebmr.k.220603.088 DO - 10.2991/aebmr.k.220603.088 ID - Jia2022 ER -