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Disney Stock Rises Post-Earnings
Disney Stock Rises Post-Earnings as Wall Street Reacts to Longer-Term Guidance
Disney shares rocketed higher in Thursday trading after the major studio, led by CEO Bob Iger, reported its latest quarterly results, including strong film unit results, driven by the likes of Deadpool & Wolverine and Inside Out 2.
Disney’s Earnings Outlook Rises as Streaming Unit Posts Gains
The streaming profit and studio are bright spots, while income from cable and theme parks declines.
Disney Earnings Beat Expectations, as Streaming Boosts Profits
Disney on Thursday reported fourth-quarter adjusted profits that surpassed Wall Street's expectations. Driven by strong performances from its entertainment division and streaming services, these results highlight the company's successful strategy in capitalizing on high-demand content and digital offerings.
Disney, Reliance Industries
Reliance, Walt Disney Close $8.5 Billion Merger of Indian Media Assets
Reliance Industries and Walt Disney on Thursday completed the $8.5 billion merger of their Indian media assets, which have been split into three divisions, with each unit having its own CEO. The companies said the newly formed divisions are entertainment,
Disney-Reliance Indian media giant says TV ‘is not dead’ following $8.5bn merger
Head of newly formed Jio Star says traditional linear format is still important in the country during streaming era
Disney-Reliance $8.5 Billion Media Merger Closes, Creating Indian Entertainment Powerhouse
India’s entertainment landscape shifted Thursday as Reliance Industries and Disney completed their long-awaited media merger, creating an Indian powerhouse valued at $8.5 billion. The deal combines Disney’s Star India with Reliance’s Viacom18 and streaming platforms JioCinema and Hotstar.
3h
Disney CFO says Epic Universe's opening could boost attendance at Disney's Florida theme parks
Epic Universe's arrival in Orlando could benefit its competitor, Walt Disney World, the company's CFO Hugh Johnston said ...
7h
Disney Expects to Spend $24B on Content Next Year
Rate hikes at the NFL and NBA may mean that sports drive the slight spending increase, with the company reporting $23.4 ...
15h
on MSN
Disney Q4 adjusted profit tops estimates on strong results from entertainment unit, streaming
Disney’s fourth-quarter adjusted profit beat Wall Street’s expectations, bolstered by strong results from company’s ...
9h
on MSN
Disney’s streaming business is finally finding its footing
Disney made money off its streaming business for the second time in a row. During Q4 2024, profit from Disney Plus, Hulu, and ...
11h
on MSN
Disney doesn't plan to change its TV networks portfolio anytime soon
Disney doesn’t foresee parting with its TV networks, more than a year after CEO Bob Iger went public with the consideration.
13h
Trump's victory has turned up the heat on Disney and its CEO, Bob Iger
Disney CEO Bob Iger, previously a vocal Trump critic, has been quiet on the election, but the company still faces legal and ...
12h
on MSN
Bob Iger on Disney M&A Under Trump: “We Don’t Really Need More Assets Right Now”
The comments come after many other media executives said they will be looking for new acquisitions and greater consolidation ...
6h
on MSN
‘Inside Out 2’, ‘Deadpool & Wolverine’ Buoy Disney Quarter As Streaming Profits Grow, Disney+ Adds 4.4 Million Subscribers
Disney’s lates quarter was mixed but solid with a big upswing in studio profit led by 'Deadpool & Wolverine' and 'Inside Out ...
8h
Disney earnings offer hope that streaming can successfully supplant linear TV
Disney projects entertainment direct-to-consumer operating income will increase by about $875 million next year over fiscal ...
10h
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 ...
9h
on MSN
Thinking of Getting Married at Disney World? See 16 Magical Spots to Say 'I Do' in the Park! All the Photos
Disney's Fairy Tale Weddings & Honeymoons provides dozens of wedding venue options at Walt Disney World Resort in Florida.
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