Sector: Communication Services|Industry: Entertainment|Market Cap: $208.08B|Employees: 233K
The Walt Disney Company is a diversified worldwide entertainment company operating in three segments: Entertainment, Sports, and Experiences. Its core business model revolves around producing and distributing film and episodic content, operating linear and direct-to-consumer networks, and managing theme parks and resorts. Disney's competitive advantages include its vast library of intellectual property and strong brand recognition. Key markets include the United States, Europe, and Asia.
Upon hire, the CEO's total direct compensation is below the market median of peers, which is a positive sign of cost-conscious management.
The financial targets increased year-over-year for all three financial metrics (increases were 10% for adjusted revenue, 35% for adjusted segment operating income and more than 100% for adjusted after-tax free cash flow).
The company is restructuring to restore creativity to the heart of the business and implemented financial discipline across all of our operations, including over-achieving our target of identifying cost savings of $5.5 billion.