Disney To Report Results In Accordance With New Structure
Zacks Investment Research | Jan 23, 2019 05:35AM ET
Disney (NYSE:DIS) is adopting a new financial reporting structure for its first-quarter fiscal 2019 results as stated at the time of its business reorganization last year. To adapt to the dynamic media landscape, the company had reorganized its three reporting segments into four.
The new segments include Media Networks, Studio Entertainment, Parks, Experiences & Consumer Products and Direct-to-Consumer & International (DTCI).
The Media Networks and Studio Entertainment segments remained unchanged except that Disney’s International Channels, “management of global advertising sales/technology and management of program sales” became part of DTCI segment.
Additionally, global consumer products business was merged with Disney’s Parks and Resorts under Parks, Experiences & Consumer Products. The DTCI segment includes ESPN+, Hulu and upcoming Disney+ and is responsible for distributing Disney’s content to users worldwide.
Disney is making significant investments in both content and technology to create a niche for its direct-to-consumer (DTC) platforms.
The Walt Disney Company Revenue (TTM)
Zacks Investment Research
Get The News You Want
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.