Disney (DIS) is licensing iconic characters, including Mickey Mouse and Cinderella, to OpenAI for use on its artificial intelligence video platform and has agreed to take a $1 billion stake in the startup. Bloomberg News reporter Hannah Miller and Bloomberg Opinion contributor Dave Lee join Caroline Hyde and Ed Ludlow on "Bloomberg Tech."
The Walt Disney Company is a media and entertainment group. Net sales (including intragroup) break down by activity as follows:
- entertainment and audiovisual production (44.3%): TV broadcasting and video streaming (55.3% of net sales; Disney+, Disney+ Hotstar and Hulu), operation of TV channels and radio stations (26%; ABC Television Network, Disney, Freeform, FX and National Geographic) and other (18.7%; production and distribution of audiovisual content, film licensing, etc.);
- operation of theme parks and hotel resorts (33.9%): operation, as of 01/10/2024, of 13 theme parks (40 hotels) located in the United States (Walt Disney World Resort, Disneyland Resort and Aulani; 6 theme parks and 22 hotels), France (Disneyland Paris; 2 theme parks and 7 hotels), Japan (Tokyo Disney Resort; 2 theme parks and 6 hotels), Hong Kong (Hong Kong Disneyland; 1 theme park and 3 hotels) and China (Shanghai Disney Resort; 2 theme parks and 2 hotels). The group is also involved in cruise sales (Disney Cruise Line), travel organization (Disney Vacation Club and Adventures By Disney), design and development of parks and other real estate properties, and sale of consumer products (children's books, toys, game software, films, etc.);
- production and distribution of TV and video streaming programmes focusing on sport (19%): ESPN and ESPN+.
Net sales are distributed geographically as follows: Americas (79%), Europe (11.2%) and Asia/Pacific (9.8%).
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Investor
Investor
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Global
Global
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Quality
Quality
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