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The Mouse House managed impressive growth in fiscal 2019, with revenue increasing 17%, to $69.6 billion. Profit, however, was down 12%, partially due to consolidation costs incurred by Disney’s acquisition of 21st Century Fox and investments in the entertainment juggernaut’s latest big bet: its own streaming service. (Disney+ launched in November 2019.) While it’s too early to call the Netflix challenger a success, the product was well-timed, launching just months before the COVID-19 pandemic forced Disney to shutter its parks and halt production on shows and films. But there’s another big question mark in Disney’s future—how its new CEO, Bob Chapek, will reposition the company post-crisis.
Lists ranking Walt Disney
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Fortune 500 - 2020This year's Fortune 500 marks the 66th running of ...READ MOREview in list