When Kantar recently released its BrandZ 2023 Most Valuable Global Brands list, one brand that took an outright beating was Disney. The brand’s value dropped 22% to $47 billion. Although the research methodology is flawed, the fall in this brand’s value does make some sense. (These are America’s 25 dying industries.)
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The data collection process for the list is awe-inspiring. Its database includes information from 4.2 million consumers. It also has data on 21,000 brands across 540 categories. As with almost all brand valuations, the way the final figures are calculated is a black box. Kantar considers the value of a company that owns the brand and its contribution to its overall value. It segregates company assets that do not contribute to brand value. All in all, it is a very reasonable approach.
Walt Disney Co. (NYSE: DIS) changed part of its business model when it launched its Disney+ streaming service. Created by current CEO Bob Iger, Disney+ became available in the United States in November 2019. From a subscriber count perspective, it was successful. According to recent figures from Disney, it has almost 160 million subscribers.
Disney+ was launched with content from several other powerful entertainment brands, including Disney, Marvel, National Geographic, Pixar and Star Wars.
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