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Disney tops quarterly profit estimates
Disney tops quarterly profit estimates, but starts to lose Disney+ streaming subscribers
Disney warned during its fiscal fourth-quarter report in November that it expected a “modest decline” in subscriptions during the December period.
Box-office smash ‘Moana 2' drives Disney profit in the first quarter
There were some oversized expectations for the animated film but “Moana 2", originally intended as a series for the company’s streaming service before it was produced for the big screen — blew predictions out of the water. Its five-day opening set a new record for Thanksgiving moviegoing.
‘Moana 2' Buoys Disney's Latest Quarter As Studio Profits Surge
Moana 2 helped float a solid fiscal first quarter for Disney with studio profit riding the strong box office of the animated sequel that's topped $1 billion worldwide. The quarter, which ended in December,
10m
Disney CEO Bob Iger Says “Venu Basically Looked Redundant To Us” As Other Skinny Bundles Emerged
Disney CEO Bob Iger said Venu, the streaming sports joint venture that’s fading into history, became irrelevant as ...
3h
on MSN
Disney studio earnings soar with ‘Moana 2.’ Hurricanes hit theme park profits
Walt Disney Co. reported first-quarter earnings as the company faces a number of challenges, despite recent box office ...
4h
Walt Disney beats earnings targets with help from 'Moana 2'
Walt Disney sharply outperformed Wall Street's quarterly earnings estimates on Wednesday, with results buoyed by the strong ...
40m
Bob Iger Won’t Rule Out Sale Of Smaller Networks As Cable Consolidates But Says Disney’s Linear Business “Not A Burden At All”
With Comcast planning to spin out NBCUniversal cable networks and Warner Bros. Discovery positioning itself to do the same, ...
1h
Disney's streaming business posts profit as theme parks take hit from hurricanes
Disney ( DIS) reported first quarter earnings on Wednesday that beat expectations as the media and entertainment giant ...
2h
DIS Earnings: “Moana 2” Helps Walt Disney Beat but Disney+ Loses Customers
Blockbuster hit Moana 2 helped drive The Walt Disney Company (DIS) to beat quarterly profit expectations amid a resurgence in ...
42m
Bob Iger Says Disney’s Linear TV Assets Are “Not a Burden”
The studio’s broadcast and cable assets look to be off the auction block as they are managed alongside evolving streaming platforms.
1h
Walt Disney Top Q1 EPS Estimates, Profit Up
Walt Disney surprised analysts with a strong first-quarter performance, driven by an uptick in its direct-to-consumer segment ...
51m
on MSN
Disney Stock Rises After Earnings. Streaming Price Hikes Help Revenue Top Expectations.
Walt Disney stock was rising Wednesday after the entertainment company’s fiscal first-quarter earnings report showed that its ...
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