Disney's direct-to-consumer (DTC) streaming business — which includes Disney+, Hulu, and ESPN+ — posted operating income of $321 million for the three months ending Sept. 28. That compares to a loss ...
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.
Disney ( DIS) CEO Bob Iger doesn't think the company needs to engage in mergers and acquisitions to compete in streaming.
That's not allits streaming division, home to Disney+ and Hulu, posted a $253 million profit, up from a $420 million loss last year. Combine that with ESPN+, and the segment brought in $321 million.
Disney's direct-to-consumer (DTC) streaming business — which includes Disney+, Hulu, and ESPN+ — posted operating income of $321 million for the three months ending Sept. 28. That compares to a loss ...
Disney said that its improved direct-to-consumer business results were due in part to subi style="display:none;"ion revenue growth thanks to increased in retail pricing and subscriber growth.
The streaming profit and studio are bright spots, while income from cable and theme parks declines.
Disney's direct-to-consumer (DTC) streaming business, which includes Disney+, Hulu, and ESPN+, posted operating income of $321 million for the three months ending Sept. 28, compared to a loss of $387 ...