Net income of the Walt Disney Company 2006-2020

How much does Disney make a year?

The Walt Disney Company suffered a loss of 2.86 billion U.S. dollars in the year 2020. This is in stark contrast with Disney’s net income in 2019, at 11.05 billion U.S. dollars, which marked one of the highest figures to date. In the same year, the company announced record revenue of 69.57 billion U.S. dollars. However, the impact of the COVID-19 pandemic was felt in the year 2020, as the parks, experiences and products segment of the company brought in around 10 billion U.S. dollars less in 2020 than in 2019.
Disney’s growing dominance

After a wave of acquisitions in recent years and its plans to launch its own streaming service Disney+ to rival Netflix, Disney’s growth seems almost unstoppable. The company holds stakes in ESPN, acquired 21st Century Fox in 2019 (ten years after its acquisition of Marvel Entertainment) and also took on LucasFilm Ltd. In 2012 for a figure in excess of four billion U.S. dollars.
Opinions on Disney’s expansion are mixed, with diehard Hollywood fans expressing concern that the company’s constant growth and the conglomeration of individual studios will deeply affect content and change the structure of Hollywood. Indeed, this has already happened to an extent, but with so many companies under one umbrella (that is, Disney), it will be curious to see whether the movie industry in particular will change as Disney’s stronghold over the industry increases.