Disney doesn't plan to change its TV networks portfolio anytime soon
Disney CFO Hugh Johnston told CNBC on Thursday the company doesn't plan to change its TV network portfolio anytime soon. The comments come more than a year after CEO Bob Iger opened the door to selling Disney's linear TV assets, and weeks after Comcast ...
Disney CFO: I wouldn't change anything about our portfolio
Hugh Johnston, Disney CFO, joins CNBC's 'Squawk Box' to discuss the company's most recent earnings report. Former Democrat Tulsi Gabbard is Trump's pick for director of national intelligence
Disney CFO: We are sticking with the TV business
The financial performance of Disney's entertainment business stole the show, no pun intended. Its sales surged 14% on the back of strong performance from Inside Out 2 and Deadpool & Wolverine. Operating profits hit $1.1 billion, up from $236 million a year ago.
Bloomberg Businessweek: Disney Earnings
Carol Massar and Tim Stenovec bring together the latest news from the world of business and finance and the interesting stories.
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's streaming business is hitting its stride
The House of Mouse on Thursday released mixed fourth fiscal quarter results, with growth being driven primarily by its streaming business. The company’s traditional TV division continued to struggle.
Disney’s Streaming Business Finally Finds Its Rhythm
As it searches for CEO Bob Iger’s successor, Disney’s streaming wins have done a lot to lift its profits—and its spirits.
Bob Iger Has Hot-Mic Moment On Disney Earnings Call: “I Don’t Know If I Was Supposed To Disclose Those AVOD Numbers”
Disney CEO Bob Iger had a "hot mic" moment on the company's fiscal fourth quarter earnings call Thursday morning, questioning ...
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 ...
‘Deadpool & Wolverine’ helps push Disney past Wall Street estimates: ‘Well positioned for growth’
We’ve emerged from a period of considerable challenges and disruption,” Iger told investors. “We’re well positioned for ...
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Very happy about the deal with Reliance: Walt Disney CFO Hugh Johnston
Senior Executive Vice President and CFO of Walt Disney, Hugh Johnston, was speaking during the Disney earnings call on ...
Bob Iger Accidentally Reveals Disney’s Ad-Supported Streaming Subscriber Numbers
Bob Iger wasn't supposed to reveal Disney's ad-supported streaming numbers on Thursday's earnings call, but he did.
Disney offers robust multi-year forecast, stoking stock
Walt Disney shares surged Thursday after the entertainment giant reported quarterly earnings that beat Wall Street's ...
International Insider: India’s New Power Player; ‘Gladiator II’ Goes Global; McQueen’s Powerful Message
Reliance Industries and Disney forming their new media giant in India leads this week's International Insider.
Disney aims for $1 billion profit from its streaming biz in new fiscal year
The profit at Disney's direct-to-consumer division even exceeded the earnings from its film division, which scored $3 billion ...
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 ...