Tag: Disney+

Disney's future in traditional broadcast TV has been brought into question despite the company managing to resolve a contract dispute with cable company Charter that saw it pull its channels including ESPN and ABC off of Charter Spectrum cable systems in late August. The company...

Entertainment giant Walt Disney Company shared its second-quarter earnings on Wednesday, missing estimates on revenue and Disney+ subscribers. However, the company’s stock still made gains in the after-hours trading on the back of a lower capital spending forecast. Disney reported revenue of $22.33 billion compared...

Disney reported its first-quarter earnings after the bell on Wednesday, narrowly missing consensus estimates on its earnings per share. The company realized adjusted earnings per share of $0.93; just short of an expected $0.94. Revenue for the three months ending March 31 was $21.82 billion;...

Comcast and Disney are confident that their financial performances will improve after spending on their streaming businesses hit new heights in 2022 with peak spending expected to be reached this year. The streaming giants expect that once this peak is hit, costs will decline...

Walt Disney Co is considering plans to freeze all hiring and cut jobs as the company faces economic uncertainty due to the losses incurred by its streaming service business. The news was shared on Friday in a memo from Chief Executive Bob Chapek to...

Walt Disney Co. shares saw a significant hike on Wednesday after the company's second-quarter report comfortably beat Wall Street analysts' estimates. Disney's stock (DIS) went up 6.87% in after-hours trading, reaching $120.11 per share. This represents the highest mark for DIS since April. Disney's business...