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Disney posted its first-ever streaming profit and benefited from a strong movie lineup, offsetting weaker-than-expected theme-park results at the entertainment company. Disney’s streaming unit ...
Disney’s streaming business turned a profit for the first time, with Disney Plus, Hulu, and ESPN Plus earning $47 million in the third quarter of 2024.
The profit at Disney’s direct-to-consumer division even exceeded the earnings from its film division, which scored $3 billion in global ticket sales this summer from the blockbusters Inside Out ...
Disney on Wednesday reported a profitable third quarter after recent financial struggles, which included its streaming business turning a profit for the first time.
Disney Turns a Profit in Streaming as Entertainment Income Soars The entertainment giant beat Wall Street expectations, but warned that its parks business will face challenges in coming quarters.
Disney layoffs are affecting several hundred employees globally in divisions like marketing, publicity, casting, and corporate finance.
The rivalry signals how the streaming wars have entered a new phase. For years, increasing subscriber numbers to their ...
A proposed consumer antitrust settlement with The Walt Disney Co has kicked off a turf battle among competing plaintiffs law ...
The Walt Disney Company, after a couple years of taking a real beating after. Once in future King Iger came back, he just Yes ...
Disney+ has a lot of movies that conform to a few categories, but this movie is something of a difference. Find out the answer inside.
The reduction fell under Adam Smith, product and technology chief, and amounted to under 2% of the group.
Disney’s accelerating streaming profitability, record park margins, and robust buybacks position shares for double-digit EPS growth. Learn more on DIS stock here.