Disney doesn't plan to change its TV networks portfolio anytime soon
Disney CFO Hugh Johnston told CNBC 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 said ...
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.
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 ...
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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 ...
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 ...
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Who Is Hugh Johnston, Disney's New CFO Reporting to Bob Iger?
The Walt Disney Co. announced today (Nov. 6) that it has hired Hugh Johnston, the chief financial officer of PepsiCo, as new CFO, reporting directly to CEO Bob Iger. The appointment came four ...
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Disney's Q4 parks attendance beats expectations
Overall, Disney's Experiences segment, which includes theme parks and Disney Cruise Line, saw a revenue increase of $0.1 ...
Disney presents quarterly earnings gains, optimism about theme parks
Walt Disney Co. reported an increase in revenue and noted attendance was in line with last year during its financial fourth ...
Q4 2024 Walt Disney Co Earnings Call
Good day, everybody and welcome to The Walt Disney Company fourth quarter and full year 2024 financial results conference call. (Operator Instructions) Please note today's event is being recorded. I ...