Hakuna Matata! Disney acquired a income enhance within the UK thanks partly to audiences returning to West End stage performs like The Lion King following the pandemic.
The U.S. media big’s gross sales hit £3.1B ($4B) within the UK within the yr to October 1, 2022. This was a rise of almost 20% on the identical interval in 2021, in response to earnings filed at Companies House.
Disney’s parks, experiences, and merchandise enterprise grew its income by almost £100M to £547M, whereas the corporate’s media and leisure unit recorded a 23% enhance in gross sales to £2.6B.
Disney attributed development within the latter division to the power of Disney+, the streaming service that launched UK originals corresponding to Wedding Season throughout the accounting interval.
The Walt Disney Company Limited’s pre-tax revenue rebounded over the interval, due to inside firm transactions. The firm posted a revenue of £457M final yr, in contrast with a lack of £300M in 2021.
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