Disney's figures may be a fiction, but Star Wars is still hugely profitable for the House of Mouse. Disney officially completed the purchase of Lucasfilm back in 2012, acquiring the studio behind Star Wars and Indiana Jones for $4.05 billion ($5.51 billion in today's money, factoring in inflation).
Let's say total worldwide revenue with Star Wars merchandise since 2012 amounts to about 7 billion, this is a very generous estimate. If Disney received 23% of that their share is about $1.6 billion.
How much money has Disney lost since buying Star Wars?
Box office profits generated by Disney's Star Wars movies have fallen $2.8 billion short of covering the media giant's purchase of the sci-fi saga's creator, Lucasfilm, according to analysis of recently-filed financial statements.
Per the filing, Disney suggests that Marvel and Star Wars have generated $13.2 billion and $11.6 billion in value, respectively, since their $4 billion acquisitions in 2009 and 2012.
Disney Paid $8 Billion for Marvel & Star Wars - Here's How Much They've Made Since
How much did Disney pay for Taylor Swift?
How much did Disney pay for streaming rights of 'Taylor Swift - The Eras Tour (Taylor's Version)'? Disney+ reportedly paid $75 million for the concert movie's streaming rights. 'Taylor Swift - The Eras Tour' was released on Disney+ on March 14, 2024.
On October 30, 2012, Disney announced a deal to acquire Lucasfilm for $4.05 billion, with approximately half in cash and half in shares of Disney stock.
Disney topped earnings estimates while reporting revenue that was roughly in line with analyst expectations. Disney+ and Hulu reported a combined profit in the quarter for the first time ever. When combined with ESPN+, the streaming unit reported a loss of $18 million in the quarter.
Despite this, Disney+ has burned up more than $11.4 billion of operating losses since it was launched and isn't forecast to even make a profit until the end of the year.
The highest-grossing movie franchise of all time is the Marvel Cinematic Universe. The top two highest-grossing franchises, the Marvel Cinematic Universe and Star Wars, are both owned by Disney.
Does the original create off Star Wars still get royalties from the movies?
"Even though Lucas is not the owner of Lucasfilm now, he still makes a lot of money from the first movie which is considered as the father of the Star Wars saga. Lucas does not earn any royalties from the newer movies or shows as a writer, director, or even creator.
Total debt on the balance sheet as of December 2023 : $47.69 B. According to Walt Disney's latest financial reports the company's total debt is $47.69 B. A company's total debt is the sum of all current and non-current debts.
Revenues and operating income from Disney's entertainment linear networks declined by 8% and 22%, respectively, last quarter, due to advertising losses stemming from viewership declines.
Disney long term debt from 2010 to 2023. Long term debt can be defined as the sum of all long term debt fields. Disney long term debt for the quarter ending December 31, 2023 was $41.603B, a 7.81% decline year-over-year. Disney long term debt for 2023 was $42.101B, a 7.06% decline from 2022.
Robert A. Iger. Robert Alan Iger is Chief Executive Officer of The Walt Disney Company, having returned to the company in November of 2022 after serving as CEO and Chairman from 2005 to 2020, and then as Executive Chairman and Chairman of the Board through 2021.
Disney's shares are owned by a mix of insiders, ordinary investors, and institutional investors. Disney's largest individual shareholders are the company's insiders, including the current CEO, Robert Iger, and top managers, such as Brent A. Woodford, Maria Elena Lagomasino, and Mary Barra.
Disney revenue for the twelve months ending March 31, 2024 was $89.203B, a 2.55% increase year-over-year. Disney annual revenue for 2023 was $88.898B, a 7.47% increase from 2022. Disney annual revenue for 2022 was $82.722B, a 22.7% increase from 2021.
According to the latest TipRanks data, approximately 38.78% of Walt Disney (DIS) stock is held by retail investors. Vanguard owns the most shares of Walt Disney (DIS).
The Star Wars creator now is the world's richest celebrity billionaire with a whopping $5.5 billion net worth, topping Forbes's annual ranking of the wealthiest A-listers.
