Question: please help me with this Walt Disney World Case Study as close to eight hundred w o r d s as possible. The Walt Disney

please help me with this Walt Disney World Case Study as close to eight hundred w o r d s as possible.

The Walt Disney Company is a broadly diversified media and entertainment company with a business lineup that included theme parks and resorts, motion picture production and distribution, cable television networks, the ABC broadcast television network, eight local television stations, and a variety of other businesses that exploited the companys intellectual property.

The companys revenues had increased from $45 billion in fiscal year 2013 to $55 billion in fiscal 2017 and its share price had regularly outperformed the S&P 500. While struggling somewhat in the mid-1980s, the companys performance had been commendable in almost every year since Walt Disney created Mickey Mouse in 1928.

The company ended 2017 with a modest one percent increase in revenues and four percent increase in net income over the year prior. However, its announcement in December 2017 that it would acquire 21st Century Fox for $71.3 billion in cash and stock had the potential to radically improve its future financial performance. The transaction was approved by the U.S. Department of Justice (DOJ) Antitrust Division in June 2018 and was expected to be finalized by year-end 2018. The acquisition of 21st Century Fox would extend Disneys impressive collection of media franchises to include Fox, FX, Fox News Channel, Fox Business Network, Fox Sports Network, National Geographic Channel, Star India, 28 local television stations in the United States and more than 350 international channels, Twentieth Century Fox Film, and Twentieth Century Fox television production studios. Twenty-First Century Fox also held a 39.1 percent stake in Sky, Europes leading entertainment company that served nearly 23 million households in five countries.

As Disney entered the third quarter of 2018, it was coming off an impressive second quarter, but faced several strategic issues. The companys core Parks and Resorts business continued to grow and record healthy profit margins, but its larger Media Networks business had seen minimal revenue growth in recent years and was experiencing declining operating profits as media consumers turned from cable to direct-to-consumer (DTC) programming. The companys Studio Entertainment business unit had also struggled to develop stable revenue and earnings growth and its Consumer Products & Interactive Media business unit had seen a decline in revenues and operating profits in the past year. Going into 2019, CEO Bob Iger and Disneys management team would have to evaluate the corporations strategy to bolster the performance of its existing business units and develop new media delivery capabilities while preparing for the integration of the probable acquisition of 21st Century Fox. In 2020 the COVID-19 virus has devastated many companies and severely crippled others. Companies with a strong financial position and diverse operations may be the lucky ones capable of transforming their business during and after the coronavirus pandemic to accommodate the new normal.

What is The Walt Disney Company's corporate strategy?

What is your assessment of the competitive strength of The Walt Disney's different business units?

What is your assessment of The Walt Disney Company's financial and operating performance and the contribution of each business unit to the financial strength of Disney based on the 2015 through 2020 fiscal year financial data?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!