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The Walt Disney Company’s Challenge
- 1 Ulink College of Beijing, Sijiqing road, Beijing, China
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Abstract
Walt Disney is the most famous and largest entertainment company in the world. However, it also met plenty of problems from the time it started until now. These problems can occur on the financial side, it can happen in the copyright of the films and characters, and it also can occur in the making of the movie and the relationship with their employees because no one company can be operated mainly without any challenges. Walt Disney Company met different problems during different periods. For example, in early 1940, the company had a severe financial problem. In the early 20th century, the company met the challenge of its film industry. In the 21st century, the company had the risk of being outdated with the rapid development of the internet and the entertainment platform. In 2019, the company was influenced by the covid-19, during the pandemic period, the global economy into recession, the tourism industry was declined significantly. This article analyzes Walt Disney's solution to face these challenges.
Keywords
Walt Disney Company, Lack of finance, Takeover
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Cite this article
Zhou,Z. (2024). The Walt Disney Company’s Challenge. Advances in Economics, Management and Political Sciences,114,116-121.
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Volume title: Proceedings of ICEMGD 2024 Workshop: Innovative Strategies in Microeconomic Business Management
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