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Disney : The Top 500 Companies With Highest Gross Revenue

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The Fortune 500 listed the top 500 companies with highest gross revenue. Disney is ranked 53rd on the list. The business at The Walt Disney well tells a story that the mouse has money, despite some near-term concerns. Disney is well diversified in entertainment has good fundamentals, and has benefited from the recent movie debut. Star Wars movie success, and with Finding Dory has proved profitable for Disney. The company is also expected to profit from its Parks and Resorts, The new Shanghai Disney, as well as the ongoing success of Pixar, Marvel, and other assets. The ESPN segment has declined as increased competition on multiple fronts causing a drag on that segment for Disney. Disney has had several quarters of year-over-year earnings…show more content…
It also saw huge gains from its movie business after the purchase of the Star Wars franchise, which broke all kinds of box-office records a few months back. The Disney Studio should continue to post good results, given the fact that they will be releasing a new Star Wars movie every year for the next five years. Disney’s Consumer Products segment has also been benefiting from success in other areas, as it continues to receive royalties from Star Wars and Marvel related toys and other products. Disney has a very strong balance sheet, and generates mountains of cash flows. Last year in 2016 Disney company had roughly $5 billion of cash on hand, and total debt was around $1.5 billion. The Disney company pays a decent dividend every year. Disney has the ability to expand its presence throughout the world over the years, particularly in Asia because of the mounds of cash the mouse sits on. The Disney brand is known throughout the world, and is regularly listed as one of the best global brands of all time. The company is known to have a lovable image, as it has built decades through its lovable cartoon characters. Many look up to Disney for its good values and ethics, whether through its Disney theme parks or many of its other family-friendly business ventures. Weaknesses While many of Disney’s businesses have been performing well of late, one laggard has been its sports entertainment ESPN. The
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