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 ...
E-commerce company Amazon on Wednesday launched the beta in the US for a new discount storefront, Amazon Haul, focused on selling items $20 (£15.82) and below. The move positions Amazon to better ...
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 ...
LOS ANGELES (Reuters) -Walt Disney reported earnings that topped Wall Street's estimates on Thursday, propelled by blockbuster ticket sales from the rude and irreverent summer Marvel film "Deadpool & ...