Disney’s theme parks and resorts division generates double the revenue of its studio entertainment division, accounting for 30% of the company’s annual gross revenue. Disney’s network and cable operations, including Disney Channel and ESPN, are the largest revenue segment, making up 50% of total revenue. Walt Disney invented modern theme parks with the opening of Disneyland in 1955.
When you think of The Walt Disney Company, you might think first of its lineup of blockbuster films, from Frozen and Toy Story to The Lion King and Finding Nemo. But the venerable company’s studio entertainment division brings in only about 15 percent of Disney’s annual gross revenue. Perhaps surprisingly, its theme parks and resorts division brings in double the revenue, based on 2014 data. And in terms of visitor footfall, Disney operates eight of the top 10 theme parks in the world.
A media empire that began in 1955:
Disney’s annual revenue from its theme parks is about six times that of its closest competitor: Comcast’s Universal Studios theme parks.
The largest revenue segment for Disney is its network and cable operations, which includes Disney Channel and ESPN. Half of the company’s total revenue comes from television.
Legendary animator Walt Disney invented modern theme parks when his first Disneyland park opened in California in 1955.
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