Disney’s profits and revenues increased in the third financial quarter, as the entertainment company continued to add subscribers to its broadcast service and vision of strength in its local gardens.
Walt Disney company received $ 5.26 billion, or $ 2.92 per share, for the three months ending June 28. A year ago, she got $ 2.62 billion, or $ 1.43 per share.
With the exception of some elements, the profits were $ 1.61 per share. This easily overcomes $ 1.46 per share of Zacks Investment Research he was looking for.
Burbank, California, reached $ 23.65 billion, a little lower than Wall Street, $ 23.68 billion.
Last night, the US Football Association announced that it had concluded an indisputable agreement EspnDisney. Under the conditions, ESPN will get NFL, NFL Fantasy and Redzone Distribution Rights on Cable and Satellite Workmanships and the league will receive a 10 % share of shares in ESPN.
Disney Entertainment revenues, which include the company’s film studios and broadcasting service, increased by 1 %, while the experimental department revenues, gardens, increased by 8 %.
Disney direct consumer, which includes Disney+ and Holo, has registered a quarterly income for 346 million dollars compared to a loss of $ 19 million a year ago. Revenue increased 6 %.
Disney+ Streaming had no change in locally paid subscribers, which includes the United States and Canada. There was a 2 % increase at the international level, which excludes Disney+ Hottstar.
The total subscribers paid for Disney+ reached 128 million, an increase of 126 million in the second quarter.
The total of Disney+ and Holo subscriptions reached 183 million, an increase of 2.6 million from the second quarter.
The experimental department, which includes the six global entertainment gardens from Disney, the cruise line, the license of video games and the license of video games, reported 13 % to $ 2.52 billion. The operating income increased 22 % in the local gardens. Operating income decreased by 3 % for international gardens and experiences.
Disney announced in May that it will build a The seventh entertainment park in Abu Dhabi.
While Disney continues to withdraw the cranes to manage all the different components of her work successfully, she is also working on her search for a successor To CEO Bob Egar, Disney has directed for most of the past two decades.
Disney created the Caliphate Planning Committee in 2023, but the research started seriously last year when the company is It was recruited Morgan CEO Stanley James Gorman to lead the effort.
Disney has some time, as EGger agreed to a contract extension This keeps him in the company until the end of 2026.
Disney is looking at internal and external candidates. It is widely believed that internal candidates include the president of the Disney company, Jimmy Betaro, the President of the Walt Disney Parks Company and the resorts Josh Damaro, the President of Disney Entertainment, Alan Bergman, and the President of Disney Entertainment Dana and Den.
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