Photographer: © 2016 Bloomberg Finance LPWalt Disney Company (NYSE: DIS), is most likely to expand its revenue base by over $10 billion in 2019. TrefisDisney-Fox DealIn March 2019, Disney acquired FOX for $71.3 billion, in one of the biggest media mergers. Media Networks revenue is likely to increase from $24.5 billion in 2018 to $27.3 billion in 2019. Segment revenue is expected to remain flat in 2019 and rise in 2020, driven by higher sponsorship revenue and favorable FX impact. Additionally, higher affiliate revenue, strong performance in Parks and Resorts segment, increased theatrical distribution, and higher sponsorship revenue, partially offset by pressure in home entertainment and licensing revenue, is set to boost revenue growth for Disney in 2019.

Source: Forbes October 08, 2019 09:11 UTC