Disney nears tipping point as streaming profits start to offset cable decline
The results show that a turnaround started by Iger was paying off. Since he returned, Disney has cut back on original content for its streaming service after a spending spree under predecessor Bob Chapek that led to streaming quarterly losses of $1.5 billion in November 2022.
Disney (DIS) has no plans to sell its traditional broadcast and cable networks, setting itself apart from competitors who are ...
Disney CEO Bob Iger, previously a vocal Trump critic, has been quiet on the election, but the company still faces legal and ...
Disney CFO Hugh Johnston told CNBC on Thursday the company doesn't plan to change its TV network portfolio anytime soon. The ...
The merger creates the largest media group in India, with streaming platforms JioCinema and Hotstar combining for 100+ ...
Disney has released its full 2025 slate of major release dates – hot on the heels of some big trailers for Disney and Marvel’s big upcoming films, as well as the Disney+ streaming slate. Big standouts ...
Disney projects entertainment direct-to-consumer operating income will increase by about $875 million next year over fiscal ...
Rachel Zegler took to Instagram to apologize for her heated reaction last week to the re-election of Donald Trump.
The financial performance of Disney's entertainment business stole the show, no pun intended. Its sales surged 14% on the ...
The entertainment giant’s streaming services turned a profit as 60 percent of new subscribers are picking Disney Plus’ ...
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