Willson International Limited’s Post

Whether it’s Mickey Mouse t-shirts, Star Wars Lego sets or plush dolls based on the latest Pixar hit – licensed merchandise is a billion-dollar business and Disney is the undisputed leader. Last year, Disney reported $5.3 billion in revenue from “Consumer Products”, i.e. from licensing its IP to various manufacturers, game developers, retailers etc. and from selling its own branded merchandise. And while that amounts to no more than six percent of the company’s total revenue, the segment accounted for 23 percent of its operating income in 2022, thanks to an impressive operating margin of 53 percent. The licensing business in particular is practically free money for Disney, as it provides the company with a steady stream of income at little to no costs. #consumerproducts #toys #Disney #licensing #MickeyMouse #StarWars

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