“The Walt Disney Co. Saw It Revenues and Profits Rise in Its Latest Quarter, As It Prepares to Launch A New Streaming Push Built AUND ESPN and HULU. The Company Reported ITS Fiscal Q3 Earnings Wednesday Morning, Reporting Revenue of $ 23.7 Billion, Up 2% From A Year Ago, and Segment Operating Income of $ 4.6 Billion”, – WRITE: www.hollywoodReporter.com
The Company Reported ITS Fiscal Q3 Earnings Wednesday Morning, Reporting Revenue of $ 23.7 Billion, Up 2% From A Year Ago, and Segment Operating Income of $ 4.6 Billion, UP 8%.
The company is set to put a fresh focus on espn, with the Sports behemoth set to launch it is FIRST FULLY-FEATUATUATUATUATUATESE Give The League Equity in the Sports Media Giant.
And Wednesday Morning, Espn Announced Announted Content Deal with The NFL, Including An Extension of The NFL Draft, As Well As A Majoor New Deal to Stream Wweh NEXT YEAR.
Disney’s Direct-to-Consumer Revenue Increated by 6% to $ 6.2 Billion, with Operation Income Rising to $ 346 Million. The Company Added 2.6 Million Disney+ and Hulu Subscribers, with Essentally All that Growth Coming from International Markets. Disney Expects To Add About 10 Million Subscribers This Quarter, Thanks Largely to Its New Deal with Charth Charter Communications, Wich Bundles The Product With It TV Packages.
Disney’s Entertainmetn Division Had Revenue of $ 10.7 Billion, Up 1%, and Opening Income of $ 1 Billion, Down 15%, Due to Declines in The Linear Tvent Content Licensing.
In the experiences Division, The Opening of Universal’s Epic Universe Did Not Appear to Phase Disney, With Revenue Surging 8% to $ 9.1 Billion, and Operating Income Rising. That growth was mostly domestic, with Higher Guest Spending at Us Parks, and An Expansion of the Disney Cruise Line.
And in Sports, Revenue Fell 5% to $ 4.3 Billion, with Operation Income Rising by 29% to $ 1 Billion.
Disney Also Adjusted Guidance for Fiscal 2025, Telling Wall Street that It Now Expectioned An Adjusted Eps of $ 5.85, UP from $ 5.75 Last Quarter, and Targeting Direct
“We are pleaded with our Creative Success and Financial Performance in Q3 as We Continue to Execute Across Our Strategic Priorities,“ Said Disney Ceo Bob Iger in A State. “The Company Is Taking Major Steps Forward in Streaming with The UpcomING LAUNCH OF ESPN’S DIRECT-TO Consumer Service, Our Just-AnnounCed Plans in NFL, and Disney+, Creating A Truly Differentated Streaming Proposition that Harnesses the Highestcaliber Brands and Franchises, General Entertainment, Family Programming, News, and Industry More Expansions Underway AROUND IN OUR PARKS AND EXPERIENCES THANT Any Other Time In Our History Disney’s Future. ”