Disney’s Earnings Outlook Rises as Streaming Unit Posts Gains
Disney’s streaming business and studio gained momentum in the September quarter, while its cable and theme park profit engines lost steam, underscoring the diverse set of challenges the entertainment giant faces as it positions itself for the future.
Disney Stock Jumps. Why The Market Is Celebrating Its Earnings.
Disney's fourth-quarter adjusted profit beat Wall Street's expectations, bolstered by strong results from its streaming service and box office success with “Inside Out 2” and “Deadpool & Wolverine.” Disney earned $460 million,
Disney’s streaming business is finally finding its footing
The entertainment giant’s streaming services turned a profit as 60 percent of new subscribers are picking Disney Plus’ ad-supported plan.
Disney Stock Jumps After Streaming Business Swings to Profit
Disney shares rallied premarket after its streaming unit, home to Disney+, Hulu and ESPN+, swung to a profit after years of heavy investment. Read more:
Disney Stock Jumps. Profit From Its Streaming Business Boosted Earnings.
Disney stock jumped early Thursday as the entertainment giant’s streaming business swung to a strong profit in its fiscal fourth quarter. Disney posted adjusted earnings of $1.14 per share on revenue of $22.
Disney Projects Strong Earnings Growth, Streaming Profits Surge Driven By Add-Supported Plans
Disney provided a bullish earnings outlook, highlighting growth in its streaming business as it pivots away from declining TV operations. The direct-to-consumer segment, including Disney+, Hulu, and ESPN+,
Disney’s new storybook omits Dumbos in the room
Apropos of the company he runs, Bob Iger knows how to tell a tale of adventure. Walt Disney boldly laid out a three-year ...
Disney says it isn't bailing on traditional TV yet—but its rivals might
Disney (DIS) has no plans to sell its traditional broadcast and cable networks, setting itself apart from competitors who are ...
Disney Paints a Rosy Picture for Coming Years
The company, which does not typically release guidance to investors, said that profit would jump over the next three years.
Disney Channel alum Skai Jackson confirms pregnancy after DV arrest
Skai Jackson has confirmed she and her boyfriend are expecting their first child, three months after she told authorities the ...
Ex-Disney Star, 22, Expecting Baby After Domestic Violence Arrest
Skai Jackson, former child star of Disney Channel’s Jessie and Bunk’d, is expecting her first child following her arrest for ...
Former Disney Channel star Skai Jackson announces pregnancy with first child
Former Disney Channel star Skai Jackson has announced she is pregnant with her first child. The 22-year-old said she was ...
Sabrina Carpenter's early days were on Disney Channel, with more recent years spent on tour with Taylor Swift
Songs like "Espresso" and "Please Please Please" helped Sabrina Carpenter skyrocket to fame. Her early days in the ...
Disney stock surges as rare 3-year forecast sees strong profit growth ahead
Disney rallied after earnings, as investors got a rare three-year forecast that showed the company expects double-digit ...
Disney reportedly pulls Marvel’s Moon Girl and Devil Dinosaur episode over trans athlete story
An upcoming episode of Marvel animated series Moon Girl and Devil Dinosaur won’t air on Disney Channel over its politically ...