Peak Lobbying Spending in 2008
Disney's
lobbying expenses reached their peak in 2008, with a
spending of $5.91 million, marking the highest expenditure over the analyzed period. This year stands out as a significant increase in lobbying efforts compared to other years.
Trend in Lobbying Expenditure Over the Last Five Years
Over the last five years, Disney's lobbying expenditure has shown a
rising trend, growing from $3.82 million in 2018 to $5.16 million in 2022. This indicates an increased emphasis on lobbying activities in recent years.
Comparing Decadal Averages
The average annual lobbying expenditure by Disney increased from
$3.87 million in the decade from 1998 to 2007, to approximately
$4.40 million in the following decade (2008-2017). This comparison highlights a gradual rise in lobbying efforts over time.
Lowest Spending Recorded in 1998
The lowest lobbying expenditure recorded was in 1998, with Disney spending only
$2.53 million. Since then, there has been a noticeable upward trajectory in lobbying spending.
Recent Surge in Lobbying Expenditure
Between 2021 and 2022, Disney's lobbying expenditure increased by approximately
$0.81 million, marking one of the most significant year-on-year increases. This surge reflects Disney's growing focus on influencing policy and regulatory environments.
Decrease and Recovery in Early 2000s
After a decrease in lobbying expenditure from $4.32 million in 2000 to $3.10 million in 2001, Disney's lobbying spending rebounded to $4.12 million by 2003. This period demonstrates the company's fluctuating commitment to lobbying activities in response to the early 2000s economic environment.
Lobbying Expenditure Exceeding $5 Million in Recent Years
Disney's lobbying spending exceeded $5 million in three distinct years: 2008, 2009, and 2022. These years represent significant investment peaks in efforts to influence legislative and regulatory actions.