The Walt Disney Company’s 2021 Annual Report has been released and contains some interesting facts for Disney fans and investors.
(Disney)
What’s Happening:
- Disney’s 2021 fiscal year ended on October 2nd, 2021 and a detailed Annual Report has been released, which includes a few looks ahead and an update on where the company currently stands.
- In Fiscal 2020, The Walt Disney Company employed 223,000 people. By the close of Fiscal 2021, that number was down to 190,000, a difference of 33,000 employees.
- Disney Store, which recently closed a majority of its retail locations, is down to just 20 stores remaining in North America. Comparatively, there are 40 stores open in Japan, 15 stores in Europe, and 2 stores in China. In North America, the brand is focusing more on its online presence through shopDisney.
- The Disney Cruise Line’s new private island, Lighthouse Point, is still on track to open sometime in 2024.
- During Fiscal 2022, Walt Disney Studios and its subsidiaries (20th Century Studios, Pixar, Disney Animation, Lucasfilm, Marvel Studios) plan to produce 50 titles for theaters and streaming platforms.
- Disney’s General Entertainment Group has ambitious plans for episodic TV content, including the following:
- 60 unscripted series
- 30 comedy series
- 25 drama series
- 15 docuseries/limited series
- 10 animated series
- 5 made for TV movies
- Numerous specials and shorts
- Click here to read the full 2021 Annual Report.