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Disney Stock Rises Post-Earnings
Disney Stock Rises Post-Earnings as Wall Street Reacts to Longer-Term Guidance
Disney shares rocketed higher in Thursday trading after the major studio, led by CEO Bob Iger, reported its latest quarterly results, including strong film unit results, driven by the likes of Deadpool & Wolverine and Inside Out 2.
Disney’s Earnings Outlook Rises as Streaming Unit Posts Gains
The streaming profit and studio are bright spots, while income from cable and theme parks declines.
Disney Earnings Beat Expectations, as Streaming Boosts Profits
Disney on Thursday reported fourth-quarter adjusted profits that surpassed Wall Street's expectations. Driven by strong performances from its entertainment division and streaming services, these results highlight the company's successful strategy in capitalizing on high-demand content and digital offerings.
Reliance, Disney finalise $8.5B merger of Indian assets
Disney-Reliance Indian media giant says TV ‘is not dead’ following $8.5bn merger
The head of Disney and Reliance Industries’ newly merged $8.5bn Indian entertainment titan plans to invest and “revitalise” television in the world’s most populous country even as western media organisations increasingly see it as a dying medium.
Reliance, Walt Disney Close $8.5 Billion Merger of Indian Media Assets
Reliance Industries and Walt Disney on Thursday completed the $8.5 billion merger of their Indian media assets, which have been split into three divisions, with each unit having its own CEO. The companies said the newly formed divisions are entertainment,
Disney-Reliance $8.5 Billion Media Merger Closes, Creating Indian Entertainment Powerhouse
India’s entertainment landscape shifted Thursday as Reliance Industries and Disney completed their long-awaited media merger, creating an Indian powerhouse valued at $8.5 billion. The deal combines Disney’s Star India with Reliance’s Viacom18 and streaming platforms JioCinema and Hotstar.
Disney, Deadpool and Wolverine
'Deadpool & Wolverine' Helps Disney Beat Earnings Forecasts
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 & Wolverine," and provided an upbeat forecast for the coming year.
‘Deadpool & Wolverine’ drives earnings revival at Disney
The box office success of Marvel’s Deadpool & Wolverine and a solid profit in Disney’s streaming businesses helped lift the entertainment company’s earnings by 39 per cent from a year earlier, even as income at its theme park business dropped.
'Deadpool & Wolverine' and 'Inside Out 2' propel Disney studio earnings
Propelled by a strong box office performance by "Deadpool & Wolverine" and profits in streaming, Walt Disney Co. reported strong fourth-quarter results.
3h
on MSN
Bob Iger on Disney M&A Under Trump: “We Don’t Really Need More Assets Right Now”
The comments come after many other media executives said they will be looking for new acquisitions and greater consolidation ...
16h
Disney offers robust multi-year forecast, stoking stock
Walt Disney shares surged Thursday after the entertainment giant reported quarterly earnings that beat Wall Street's ...
19h
on MSN
Disney Q4 adjusted profit tops estimates on strong results from entertainment unit, streaming
Disney’s fourth-quarter adjusted profit beat Wall Street’s expectations, bolstered by strong results from company’s ...
16h
Trump's victory has turned up the heat on Disney and its CEO, Bob Iger
Disney CEO Bob Iger, previously a vocal Trump critic, has been quiet on the election, but the company still faces legal and ...
11h
Disney earnings offer hope that streaming can successfully supplant linear TV
Disney projects entertainment direct-to-consumer operating income will increase by about $875 million next year over fiscal ...
13h
Disney’s new storybook omits Dumbos in the room
Apropos of the company he runs, Bob Iger knows how to tell a tale of adventure. Walt Disney boldly laid out a three-year ...
7h
Disney CFO says Epic Universe's opening could boost attendance at Disney's Florida theme parks
Epic Universe's arrival in Orlando could benefit its competitor, Walt Disney World, the company's CFO Hugh Johnston said ...
16h
on MSN
Disney gives investors years to cheer about
Disney did something extraordinary Thursday, giving investors a rare three-year financial outlook, even at a time of economic ...
13h
on MSN
Thinking of Getting Married at Disney World? See 16 Magical Spots to Say 'I Do' in the Park! All the Photos
Disney's Fairy Tale Weddings & Honeymoons provides dozens of wedding venue options at Walt Disney World Resort in Florida.
19h
Disney Paints a Rosy Picture for Coming Years
The company, which does not typically release guidance to investors, said that profit would jump over the next three years.
14h
on MSN
Disney stock surges as rare 3-year forecast sees strong profit growth ahead
Disney rallied after earnings, as investors got a rare three-year forecast that showed the company expects double-digit ...
15h
on MSN
Disney doesn't plan to change its TV networks portfolio anytime soon
Disney doesn’t foresee parting with its TV networks, more than a year after CEO Bob Iger went public with the consideration.
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