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1. • About $9 billion

     • ESPN has lost 19% of its pay-TV subscribers since 2018, and sports rights remain its biggest expense at about $9 billion in 2023, Bloomberg Intelligence analyst Geetha Ranganathan said in a Friday note to clients that this cost was up more than 20% from about $7.3 billion in 2022.
     Reference:

     ESPN Is a Disney Crown Jewel, but Its Financials Demand ...

2. deadline.com › 2023 › 11Disney’s Fiscal 2023 Results: Content Spending Eases ...

   deadline.com › 2023 › 11

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   Nov 21, 2023 · Disney’s Fiscal 2023 Results: Content Spending Eases, Streaming Proceeds Eclipse Affiliate Revenue As ESPN Penetration Falls To 71M Households. Disney crossed a key threshold in fiscal 2023 ...

3. thewaltdisneycompany.com › the-walt-disney-companyThe Walt Disney Company Reports Fourth Quarter and Full Year ...

   thewaltdisneycompany.com › the-walt-disney-company

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   Nov 8, 2023 · Domestic ESPN revenue and operating income grew year over year in both fiscal year 2022 and fiscal year 2023, demonstrating the value of sports and the power of the ESPN brand.

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5. www.wallstreetzen.com › stocks › usDisney Statistics - Disney Facts, Stats, Trends & Data (2024 ...

   www.wallstreetzen.com › stocks › us

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   Disney spent $6.4 billion on advertising during its fiscal year 2023, down from $7.2 billion in fiscal 2022.

6. www.sportsbusinessjournal.com › Articles › 2023ESPN seen as more valuable to Disney than previously thought

   www.sportsbusinessjournal.com › Articles › 2023

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   Oct 19, 2023 · Recast figures that fit Disney’s new financial reporting show “just how much of a cash-cow ESPN is” for the company, according to Anuron Mitra of SEEKING ALPHA. ESPN made $12.56B in revenue in the nine months ended July 1, 2023, and had operating income coming in at $1.89B.

7. thewaltdisneycompany.com › app › uploadsThe Walt Disney Company

   thewaltdisneycompany.com › app › uploads

   Nov 8, 2023 · Fiscal 2023 spend on produced and licensed content, including sports rights, was $27 billion, nearly $3 billion below the prior year as we significantly reduced our spend on entertainment content.

8. www.statista.com › statistics › 193140Disney revenue by segment 2023 - Statista

   www.statista.com › statistics › 193140

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   Sep 6, 2024 · In 2023, the Walt Disney Company generated over 19 percent of its revenue through its sports segment which includes the ESPN properties. This revenue stream brought the company 17 billion U.S....

9. People also ask

   How much did Disney spend on ESPN in 2023?

   • Disney spent $11.348 billion on content for ESPN in its fiscal year 2023. What is Disney's highest grossing movie? 8 of the 10 highest grossing movies of all time are owned by Disney. At $2.924 billion, Avatar, now owned by Disney after the 20th Century Fox merger, is the highest grossing movie of all time.

   Disney Statistics | Disney Facts, Stats, Trends & Data (2024

   www.wallstreetzen.com/stocks/us/nyse/dis/statistics

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   How did Disney make money in 2023?

   • In 2023, the Walt Disney Company generated over 19 percent of its revenue through its sports segment which includes the ESPN properties. This revenue stream brought the company 17 billion U.S. dollars that year. The experiences segment was the second-largest revenue source, generating a total of 32.6 billion U.S. dollars.

   Disney revenue by segment 2023 - Statista

   www.statista.com/statistics/193140/revenue-of-the-walt-disney-company-by-operating-segment/

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   How much money did ESPN make in 2023?

   • For the quarter ended July 1, 2023, ESPN saw revenue of $4.06B and operating income of $1.05B. Disney announced earlier this year it will “break out figures separately under segments titled ‘Entertainment’ and ‘Sports’” as the company “prepares to bring more reporting transparency to its segments.”

   ESPN seen as more valuable to Disney than previously thought

   www.sportsbusinessjournal.com/Articles/2023/10/19/espn-financial-outlook

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   How much did Disney affiliates make In fiscal 2023?

   • Affiliate revenue in fiscal 2023 from Disney linear networks carried on cable, satellite and internet-delivered pay-TV systems was eclipsed by streaming for the first time. Across Entertainment and Sports, affiliate revenue came in just shy of $16.9 billion, down from $17.5 billion in fiscal 2022.

   Disney's Fiscal 2023 Results: Content Spending Eases, Streaming

   deadline.com/2023/11/disney-2023-content-spending-streaming-linear-tv-espn-1235633494/

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   How did the Walt Disney Company perform in 2023?

   • However, this marked a growth three percent year-on-year. The total assets of the Walt Disney Company amounted to more than 205 billion U.S. dollars in 2023. In 2023, the Walt Disney Company generated over 19 percent of its revenue through its sports segment which includes the ESPN properties.

   Disney revenue by segment 2023 - Statista

   www.statista.com/statistics/193140/revenue-of-the-walt-disney-company-by-operating-segment/

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   What happened to Disney in fiscal 2023?

   • Disney crossed a key threshold in fiscal 2023, taking in more revenue from streaming than from linear TV for the first time. The media giant, meanwhile, is continuing to trim spending on film and TV content, with the total declining to $27.2 billion from $29.9 billion in fiscal 2022.

   Disney's Fiscal 2023 Results: Content Spending Eases, Streaming

   deadline.com/2023/11/disney-2023-content-spending-streaming-linear-tv-espn-1235633494/

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10. www.thewrap.com › disney-espn-future-financialsESPN Is a Disney Crown Jewel, but Its Financials Demand ...

    www.thewrap.com › disney-espn-future-financials

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    Oct 24, 2023 · ESPN has lost 19% of its pay-TV subscribers since 2018, and sports rights remain its biggest expense at about $9 billion in 2023, Bloomberg Intelligence analyst Geetha Ranganathan said in a...