How Walt Disney makes money with Animation

In the current era, technology has developed rapidly in various fields including animation. the
field of animation has developed a lot from year to year. lots of well-known animation companies are
currently competing to create animation with the latest technology.

One of the famous animation companies is Walt Disney, which has released a lot of animation
from movies and TV series.

Short History

The Walt Disney Company started in 1923 in the rear of a small office occupied by Holly-
Vermont Realty in Los Angeles. It was there that Walt Disney, and his brother Roy, produced a series of
short live-action/animated films collectively called the ALICE COMEDIES. The rent was a mere $10 a
month. Within four months, the ever-growing staff moved next door to larger facilities, where the sign
on the window read "Disney Bros. Studio." A year later, in 1925, the Disneys made a deposit on a
Hyperion Avenue lot in the Silver Lake district of Los Angeles. Construction began on the new studio
shortly thereafter. During the next 14 years, many changes took place at the Disney studio: Mickey
Mouse was "born" in 1928, followed by Pluto, Goofy, Donald Duck, and the rest of the Disney gang.

Disney income

News from rd.com, Disney offers so much more than just TV shows. After their shows and parks,
the third-largest revenue stream is from Disney movies, or “studio entertainment,” per Statista. Movies
like Black Panther, Toy Story 3, and Finding Dory are just some of the films that play huge parts in the
success of the Disney movie business. Now, there might be even more growth for both the TV and
movie side with the new Disney +. The streaming service, which rolls out in November 2019, will include
programs from Marvel and Pixar, along with Disney movies, TV shows, and documentaries, too. Make
sure you brush up on your Disney trivia before the streaming service release.

Disney is having a record run at the box office this year, surpassing $8 billion in global ticket
sales thanks to an astounding run of blockbuster releases across its Marvel and core Disney brands. That
said, the company is gearing up to expand that success well beyond the theater, and with that comes big
spending. In its fiscal third quarter earning results for 2019, the company posted revenue of $20.25
billion, coming in under Wall Street estimates of $21 billion.

Disney’s momentum at the box office has been unprecedented in 2019. Captain Marvel marked
the company’s first big release of 2019, and soared to more than $1 billion worldwide upon its release.
Since then, Disney has seen two more movies cross the $1 billion threshold — Avengers: Endgame,
which is now the top-grossing movie of all time with $2.8 billion dollars, and Aladdin, which grossed
more than $1 billion since its late May release.

Disney may be readying itself for a leap into digital, but that doesn’t mean its impressive
theatrical run is over. Disney has at least two more major releases this year — Frozen 2 and Star Wars:
The Rise of Skywalker, the final installment in the current Star Wars trilogy. Both films are expected to
do astronomical numbers at the box office, and both could cross the $1 billion line with ease. If they do,
Disney could break another record: the first studio to cross $10 billion at the box office in a single year.
Disney's new technology

Disney Plus is a new streaming service launched by the American entertainment titan in
November 2019, a little over two years after being announced. Disney first signalled an intention to
move into the streaming market in 2016, by acquiring a minority stake in streaming technology
developer BAMTech. This became a 75% stake the following year. The service is part of Disney’s Direct-
to-Consumer & International business, alongside Hulu and ESPN+.

Available initially in the US, Canada, and the Netherlands, Disney Plus launched in Australia and
New Zealand one week later. Anticipation levels were certainly high, with Disney Plus the top-trending
Google search term in the US in 2019. Within 24 hours the eagerly-awaited new platform had reached
10 million subscribers (though some of these had signed up pre-release).

Star Wars spin-off The Mandalorian, featuring the meme-friendly ‘Baby Yoda’, helped cement
platform’s flying start, becoming the world’s most in-demand show for a time. By the end of 2019
Disney Plus had already gained quarter of a million users. This figure had doubled to 50 million by April
2020.

It is on these grounds that Disney Plus is being taken as a very serious rival to the likes of Netflix
and Amazon Prime. While the marketplace is already crowded, certainly the entry into the field of the
world’s second-biggest entertainment company, a name that has boasted name recognition across the
globe for the best part of a century, is a game changer

Bes