The Walt Disney Company Profile Report in 2024

The Walt Disney Company Profile Report in 2024

 

 

 

 

 

August 23, 2024

 

The Walt Disney Company
NYSE: DIS
500 South Buena Vista Street
Burbank, CA 91521
United States
Burbank: Main Phone: (818) 560-1000
Orlando Main Phone: (407) 939-5277
Website: https://www.thewaltdisneycompany.com 
Industry Sector:  Entertainment & Communication Services
Full Time Employees:  173,250
Fiscal Year End: September 30, 2024
Annual Revenues: $90.03 Billion USD in FY 2023
Fortune 500 Rank: #47 in 2024

How many employees does Disney have in 2024?

Disney has approximately 225,000 employees worldwide. This number may have fluctuated slightly in 2024 due to various factors, including layoffs and hiring initiatives.

Who is the current CEO of Disney?

Bob Iger is the current CEO of The Walt Disney Company. He returned to the role in November 2022 after previously serving as CEO from 2005 to 2020.

Bob Iger is a seasoned media executive and the current CEO of The Walt Disney Company. He has been instrumental in shaping Disney's global presence and success.

Iger joined Disney in 1996 as Chairman of the Disney-owned ABC Group, and in 1999, he was given the additional responsibility of President, Walt Disney International. He played a key role in the acquisition of Pixar, Marvel Studios,and Lucasfilm, significantly expanding Disney's intellectual property portfolio.

Under Iger's leadership, Disney has experienced significant growth and innovation, particularly in the realm of streaming.He oversaw the launch of Disney+, which has become a major player in the streaming market. Iger's strategic vision and ability to navigate complex business challenges have solidified his reputation as one of the most influential figures in the entertainment industry.

Is Disney a Fortune 500 company?

Yes, Disney is a Fortune 500 company. It has consistently ranked among the top companies in the world in terms of revenue and market capitalization. Disney's strong financial performance is driven by its diverse portfolio of businesses,including entertainment, theme parks, and consumer products.

Disney's rank on the 2024 Fortune 500 list is 56. This places it among the top companies in the United States in terms of revenue and overall business performance.

Has Disney been experiencing layoffs in 2024?

Yes, Disney has been experiencing layoffs in recent months.

The company has implemented cost-cutting measures, including job reductions, as part of its strategy to improve profitability and streamline operations. These layoffs have affected various departments within Disney, including its streaming division and theme parks.

Pixar Layoffs

Pixar, a Disney-owned animation studio, is set to undergo significant layoffs this year as part of Disney’s broader cost-cutting measures, which aim to increase efficiency and reduce streaming losses.

The layoffs, affecting employees hired for Disney+ content production, come despite Disney+ gaining 7 million new subscribers in Q4 and the success of Pixar titles like “Elemental” on the platform.

These changes reflect Disney’s strategy to streamline operations and focus on profitability in streaming, amidst industry-wide shifts in audience preferences and content delivery methods.

ESPN Layoffs

According to reports in May, the anticipated third and potentially final round of significant job reductions will commence before Memorial Day, impacting approximately 2,500 positions across the board.

These latest layoffs come after Disney CEO Bob Iger announced on February 8, 2023, that they planned to cut 7,000 jobs, representing more than 3% of its global workforce.

After Disney’s second round of layoffs in April totaling 4,000 jobs largely affecting ESPN divisions, the latest round began at the start of July affecting many well-known, and beloved on-air ESPN personalities.

What are Disney’s strategic growth plans for 2024 and beyond?

Disney's strategic growth plans for 2024 and beyond are centered around several key areas:

1. Expanding Streaming Services: Disney+ remains a cornerstone of their growth strategy. They are focused on increasing subscriber base, improving content offerings, and exploring new monetization models.
2. Content Creation: Disney plans to continue producing high-quality content across various genres, including movies, TV shows, and theme park attractions. This includes leveraging their vast intellectual property portfolio and exploring new storytelling formats.
3. Theme Park Experiences: Disney is investing in enhancing their theme park experiences, focusing on innovation,technology, and immersive storytelling. This includes expanding existing parks, developing new attractions, and exploring new markets.
4. International Expansion: Disney aims to expand its global footprint by entering new markets and growing existing ones. This involves strategic partnerships, local content creation, and cultural adaptation.
5. Technology and Innovation: Disney is committed to staying at the forefront of technology, investing in areas such as artificial intelligence, virtual reality, and augmented reality. These technologies are used to enhance guest experiences, improve operational efficiency, and develop new products and services.

Overall, Disney's strategic growth plans are driven by a focus on innovation, storytelling, and leveraging their iconic brands to create unique and engaging experiences for audiences worldwide.

What is the Disney mission statement and business philosophy in 2024?

The Disney mission statement in 2024 is:

"To entertain, inform and inspire people around the globe through the power of unparalleled storytelling, reflecting the iconic brands, creative minds and innovative technologies that make ours the world's premier entertainment company."

This statement highlights Disney's commitment to providing high-quality entertainment experiences through its diverse portfolio of brands, creative talent, and technological advancements.

While there may be minor adjustments or updates to the specific wording over time, the core principles of the mission statement remain consistent with Disney's long-standing philosophy of creating magical and memorable experiences for audiences of all ages.

What does the Disney organizational structure look like in 2024?

As of 2024, Disney's organizational structure has undergone significant changes under the leadership of Bob Iger.

The company has been restructured into three primary divisions:   

1. Disney Entertainment: This division encompasses all of Disney's film and television assets, including Disney+, Hulu, and ESPN+. It is co-chaired by Alan Bergman and Dana Walden.   
2. ESPN: This division focuses on ESPN and ESPN+, and is led by Jimmy Pitaro.   
3. Parks, Experiences, and Products: This division includes Disney's theme parks, consumer products, and other experiences, and is led by Josh D'Amaro.   

This new structure is a departure from the previous organizational setup, which was more decentralized and focused on individual business units. The consolidated approach aims to increase efficiency, streamline decision-making, and better align Disney's various businesses.

Does Disney have a global presence?

Disney has a significant global presence, operating in nearly every country worldwide. Its reach extends across various sectors, including:

• Theme Parks: Disney operates iconic theme parks and resorts in multiple regions, including North America,Europe, Asia, and the Middle East. Some of its most famous parks include Disneyland in California and Florida,Walt Disney World in Florida, Disneyland Paris, Tokyo Disneyland, and Hong Kong Disneyland.
• Media and Entertainment: Disney's media and entertainment division has a global footprint through its television networks, film studios, streaming services, and consumer products. Its content is distributed in various languages and cultures, reaching audiences around the world.
• Consumer Products: Disney's consumer products division licenses its characters and brands for a wide range of products, including toys, apparel, and home goods. These products are available in retailers worldwide, catering to fans of all ages.

Disney's global strategy has been driven by a combination of organic growth, acquisitions, and strategic partnerships. The company has a strong focus on localizing its offerings to resonate with diverse audiences and cultures.This approach has enabled Disney to build a loyal fan base and a sustainable global presence.

What is Disney's most profitable business segment?

Disney's most profitable business segment is its Parks, Experiences, and Products division. This division encompasses Disney's theme parks, resorts, cruise lines, and consumer products. The popularity and high-margin nature of these offerings make them a significant contributor to Disney's overall revenue and profitability.

In FY 2023, Disney's Parks, Experiences, and Products division generated record revenue of approximately $32.5 billion. This represents a significant increase from previous years, indicating a strong recovery from the challenges posed by the COVID-19 pandemic.

 

Does the Disney Company Profile have Org Charts?

Yes. The Disney Org Charts are a highly detailed and comprehensive mapping system of the Disney organizational structure with the Disney executives who lead and manage the business units, groups, and teams. Amongst the leading Fortune 500 companies, Disney has a very complex organizational structure, which makes it very challenging to navigate and sell to. These Charts are not your typical hierarchical organizational structure. 

 

What does the Disney Org Chart look like in 2024?

The company has a complicated organizational structure, with different divisions and subsidiaries. The five main divisions are Media Networks; Parks, Experiences, and Products; Studio Entertainment; Consumer Products; and Interactive Media.

  

Who is on Disney's Board of Directors?

The Disney Org Chart below highlights the key players at Disney on the Board of Directors and their affiliations with other organizations.

 

 

Contact Information for the Disney Executive Leadership Team

NAME	TITLE	COMPANY	PHONE	EMAIL
Jolene Negre	Associate General Counsel and Secretary, The Walt Disney Company	The Walt Disney Company	(818) 560-1000	{first}.{last}@disney.com
Josh D’Amaro	Chairman, Disney Experiences, The Walt Disney Company	The Walt Disney Company	(818) 560-1000	{first}.{last}@disney.com
James Pitaro	Chairman, ESPN, The Walt Disney Company	The Walt Disney Company	(818) 560-1000	{first}.{last}@disney.com
Asad Ayaz	Chief Brand Officer, The Walt Disney Company and President, Marketing, The Walt Disney Studios and Disney+	The Walt Disney Company	(818) 560-1000	{first}.{last}@disney.com
Robert A. Iger	Chief Executive Officer, The Walt Disney Company	The Walt Disney Company	(818) 560-1000	{first}.{last}@disney.com
Alan Bergman	Co-Chairman, Disney Entertainment, The Walt Disney Company	The Walt Disney Company	(818) 560-1000	{first}.{last}@disney.com
Dana Walden	Co-Chairman, Disney Entertainment, The Walt Disney Company	The Walt Disney Company	(818) 560-1000	{first}.{last}@disney.com
Brent Woodford	Executive Vice President, Controllership, Financial Planning and Tax, The Walt Disney Company	The Walt Disney Company	(818) 560-1000	{first}.{last}@disney.com
Carlos A. Gómez	Executive Vice President, Corporate Finance & Treasurer, The Walt Disney Company	The Walt Disney Company	(818) 560-1000	{first}.{last}@disney.com
Alexia S. Quadrani	Executive Vice President, Investor Relations, The Walt Disney Company	The Walt Disney Company	(818) 560-1000	{first}.{last}@disney.com
Hugh Johnston	Senior Executive Vice President & Chief Financial Officer, The Walt Disney Company	The Walt Disney Company	(818) 560-1000	{first}.{last}@disney.com
Kristina Schake	Senior Executive Vice President and Chief Communications Officer, The Walt Disney Company	The Walt Disney Company	(818) 560-1000	{first}.{last}@disney.com
Sonia Coleman	Senior Executive Vice President and Chief Human Resources Officer, The Walt Disney Company	The Walt Disney Company	(818) 560-1000	{first}.{last}@disney.com
Horacio Gutierrez	Senior Executive Vice President, Chief Legal and Compliance Officer, The Walt Disney Company	The Walt Disney Company	(818) 560-1000	{first}.{last}@disney.com
Tinisha Agramonte	Senior Vice President and Chief Diversity Officer, The Walt Disney Company	The Walt Disney Company	(818) 560-1000	{first}.{last}@disney.com
David L. Bowdich	Senior Vice President and Chief Security Officer, The Walt Disney Company	The Walt Disney Company	(818) 560-1000	{first}.{last}@disney.com

I’ve never sold to Disney before, where do I start?

You start by learning how the complex organization is structured and understand who holds the important positions. The phone numbers and email addresses could be delivered instantly to you through a purchase in the databahn store. With the purchase of the Disney Company Profile Report, you will receive a PowerPoint file with 50+ slides and the Excel spreadsheet with hundreds of contact names, phone numbers, and email addresses.

 

Does the Disney Company Profile Report come with a Contact Info spreadsheet?

Yes, the Disney Company Profile includes a downloadable Excel spreadsheet with several hundred decision maker and influencer contacts. While Disney has 220,000 employees worldwide, we have identified the most important Chief level, VP level, and Director level executives to sell to across the major Disney divisions, business units, and teams. Save dozens of hours in research time by purchasing the Disney Org Chart, which includes a Contact Information spreadsheet. 

 

If I purchase the Company Profile today, will I receive updates when you publish them?

No. When you purchase the report, it is a one-time purchase. You are purchasing a single snapshot of the Company Profile. You are welcome to come back in the future and purchase the updated Company Profile Report.

 

What format will the Org Charts be in?

Charts are actively maintained in Google, PowerPoint format, and PDF. When you pay for and download the Disney Company Profile Report which includes the Disney Org Charts, you will immediately have access to the PDF and PPT files. If you would also like to see them in Google Slides, you will need to request them from the databahn customer support team. They can be reached by email info@databahn.com or by phone Call us at 844-328-2224

 

Can the Org Charts be customized on request?

Yes. databahn will build out org charts for additional Disney business units, teams, or lines of business for an additional fee. For example, if your Disney account team is pursuing the Disney Human Resources (HR) line of business or the Finance & Accounting line of business, then we will have a discussion about your focus, and add these to the existing Disney Org Charts.

 

What other type of Disney account research does databahn deliver to its clients?

In addition to the Disney Org Charts, databahn conducts deep dive research into the Disney organization to identify key decision maker contacts, business & technology drivers, growth strategies, strategic plans & initiatives, budgets, active projects, competitive landscapes, and sales trigger events. databahn helps its clients eliminate costly research time and uncover new sales opportunities throughout the vast and complex Disney organization. 

 

 

About databahn

Established in 2015, databahn is an account intelligence company headquartered in Nashua, New Hampshire. The research team specializes in delivering comprehensive and up-to-date insights on Fortune 1000 and Global 2000 companies. databahn offers a range of information services, including deep dive company profiles, financial insights, news updates, competitive analysis, org charts and accurate contact information. databahn's account intelligence is meticulously curated, enabling businesses to make informed decisions, identify sales opportunities, and gain a competitive edge. With the focus on accuracy, completeness, and timeliness, databahn serves as a valuable resource for sales and marketing professionals and other industries that require reliable and actionable insights on large & complex enterprise companies.