Disney's Linear Networks currently generates the most revenue, but its Parks, Experiences and Products business is recovering from the COVID-19 pandemic and currently generates the most profits.
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In 2022, the Walt Disney Company generated a total revenue of nearly 29 billion U.S. dollars with its parks, experiences, and products segment, an increase of around 12 billion from the year before.
With costs so high, it's no wonder why many families find it difficult to afford a Disney vacation. A recent LendingTree survey found that 18% of Disney visitors have gone into debt for one or more of their trips to the destination. And among those with Disney debt, 8% say it will take more than a year to pay it off.
Disney's most profitable areaDisney's media and entertainment division generated a significant portion of its total revenue at 55 billion U.S. dollars in 2022. This segment includes television and cable channels, as well as streaming service Disney+, amongst others.
Disney's Shanghai resort isn't actually owned by Disney. It's a joint venture with a state-owned enterprise — i.e., the CCP. The split? The CCP owns 57%, Disney just 43%.
The company's Parks, Experiences and Products division reported $8.3 billion in revenue, up 13%, and an operating income of $2.43 billion—despite a slowdown at Walt Disney World. Disney's international parks such as Shanghai Disney were the biggest contributor to growth and, but domestically, revenue was up just 4%.
For Disney, it would mean losing a significant source of revenue, as the company's Florida operations include four theme parks, two water parks, several hotels, and numerous other attractions that draw millions of visitors each year.
Through financial contributions, collaborations with nonprofit organizations, in-kind donations, and employee volunteerism, Disney brings positive, meaningful, and measurable impact to our communities around the world.
In 2023, The Walt Disney Company kicks off “100 Years of Wonder,” sometimes also called “Disney100.” The year-long event honors the centennial anniversary of the date brothers Walt and Roy Disney founded the company in 1923. Disneyland Resort in California serves as headquarters for the party.