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Despite a poor fourth quarter, Disney FY-16 numbers up

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BENGALURU: The Walt Disney Company Inc (Disney) reported 6 percent higher revenue for the year ended October 1, 2016 (FY-16, current year) as compared to the previous year ended October 3, 2015 (FY-15). Operating income in the current year increased 7.1 percent as compared to the previous year. Revenue for FY-16 and FY-15 were $55,632 million and $52,465 million respectively, while operating incomes were $15,721 million and $14,681 million respectively.

However, for the quarter ended October 1, 2016 (Q4-16, current quarter) Disney’s revenue declined 2.7 percent in Q4-16 to $13,142 million vis-à-vis $13,512 reported for Q4-15. Operating income declined 10.1 percent year-over-year (y-o-y) in the current quarter to $3,176 million from $3,534 million in the previous year. The fall in revenues was noticeable across three of four of Disney’s divisions, viz., Media Networks, Parks and Resorts, and, Consumer Products &Interactive Media (Consumer Products). Only the Studio Entertainment Division reported a slight increase in revenue, while operating income declined across all the four in Q4-16 versus Q4-15.

“We’re very pleased with our performance for the year, delivering the highest revenue, net incomeand earnings per share in Disney’s history,” said Disney chairman and chief executive officer Robert A. Iger. “Fiscal 2016 was our sixth consecutive year of record results, highlighted bythe opening of Shanghai Disney Resort, the phenomenally successful return of Star Wars, and our Studio’srecord-breaking $7.5 billion in total box office. We remain confident that Disney will continue to deliverstrong growth over the long-term as we further strengthen our brands and franchises, our technologicalcapabilities, and our international presence.”

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Please refer to Fig A below for Disney’s performance for the current quarter and the year

Please refer to Fig B below for segment numbers.

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Kids

Sony YAY! launches ‘House of Masti’ to celebrate 20 years of Shin chan

Comedian Kiku Sharda joins the fun with a special rap track as the mischievous icon returns to Indian TV.

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MUMBAI: Shin chan is back and this time, he’s bringing the whole house of masti with him! Sony YAY!, India’s leading kids’ entertainment channel, has unveiled ‘House of Masti’, a specially curated programming block to mark 20 years of the iconic animated series Shin chan on Indian television. The campaign transforms the beloved character’s mischievous world into a fresh, high-energy viewing experience. It features new episodes, fan-favourite moments, and themed programming stunts, all designed to stand out from regular broadcasts.

Adding extra sparkle to the celebration, popular comedian Kiku Sharda has joined the campaign. He anchors the integration with a lively rap track titled ‘Shin chan ka YAY! Dhamaal’, infusing contemporary music and humour into the beloved series.

Sony YAY! business head of kids and animation Ambesh Tiwari said, “Over the past 20 years, Shin chan has built a strong and enduring connection with audiences in India. With ‘House of Masti’, we are celebrating this milestone through a differentiated, campaign-led experience. Kiku Sharda and the rap track add a fun, high-energy layer that will resonate with today’s kids and families.”

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Starting 27 April, viewers can enjoy the World Television Premiere of Shin chan along with new episodes and an exciting lineup of blockbuster movies on Sony YAY!.

By blending nostalgia with fresh, engaging content, Sony YAY! is ensuring that the cheeky, laughter-filled adventures of Shin chan continue to entertain and connect with new generations across the country.

In a world full of serious cartoons, Shin chan remains delightfully naughty and with ‘House of Masti’, Sony YAY! is making sure his brand of chaos stays as fresh and fun as ever. Get ready for some serious masti!

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