Disney posted its first-ever streaming profit and benefited from a strong movie lineup, offsetting weaker-than-expected theme-park results at the entertainment company. Disney’s streaming unit ...

Disney’s streaming business turned a profit for the first time, with Disney Plus, Hulu, and ESPN Plus earning $47 million in the third quarter of 2024. Disney Plus didn’t add many subscribers ...

The Walt Disney Co. turned a profit in its streaming business a quarter earlier than anticipated, and beat Wall Street expectations as its entertainment business soared in the company’s fiscal Q3.

Since launching Disney+ in 2019, the business has lost more than $11 billion, and Disney said Thursday its operating margin in streaming won’t reach 10% until fiscal 2026.

Disney’s earnings got a boost from the strong holiday box office performance of animated sequel “Moana 2” and higher profits at the company’s streaming business. ©Walt Disney Co./Courtesy ...

The rivalry signals how the streaming wars have entered a new phase. For years, increasing subscriber numbers to their ...

Disney layoffs are affecting several hundred employees globally in divisions like marketing, publicity, casting, and corporate finance.

Disney’s accelerating streaming profitability, record park margins, and robust buybacks position shares for double-digit EPS growth. Learn more on DIS stock here.

A proposed consumer antitrust settlement with The Walt Disney Co has kicked off a turf battle among competing plaintiffs law ...

The reduction fell under Adam Smith, product and technology chief, and amounted to under 2% of the group.

Disney turns streaming profit at Disney+ and Hulu but theme park profits fall in tough travel environment. The entertainment giant beat Wall Street expectations, but warned ...