Disney's Streaming Business Turns First Profit

  • 📰 Newsweek
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 52%

مصر أخبار أخبار

مصر أحدث الأخبار,مصر عناوين

ESPN+ performed particularly well, giving a boost to Disney's streaming units.

Disney on Wednesday reported a profitable third quarter after recent financial struggles, which included its streaming business turning a profit for the first time.According to the Associated Press , Disney's direct-to-consumer division, which includes Disney+ and Hulu, reported a reduced operating loss of $19 million, significantly down from the $505 million loss the previous year. Revenue for this segment rose 15 percent to $5.81 billion.

16 billion, surpassing Wall Street's forecast of $22.91 billion, the AP reported.The company now anticipates a 30 percent growth in full-year adjusted earnings per share, the AP reported.Newsweek reached out to Disney via email for comment.However, the news comes as Disney's theme parks have been underperforming. Experts cite price hikes and increased competition as reasons for the decline in visitors following the COVID-19 pandemic.

لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 468. in EG
 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.

مصر أحدث الأخبار, مصر عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Disney’s streaming business turned a profit for the first timeDisney’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.
مصدر: verge - 🏆 94. / 67 اقرأ أكثر »

Disney returns to profit in third quarter as streaming business starts making money for first timeThe Walt Disney Co. returned to a profitable third quarter as its combined streaming business started making money for the first time and the movie Inside Out 2 did well in theaters.
مصدر: ksatnews - 🏆 442. / 53 اقرأ أكثر »

Disney's streaming business is profitable for the first time, but its parks unit lagsDisney notched a milestone in its streaming business: It reported profitability across its Disney+, Hulu and ESPN+ services for the first time.
مصدر: latimes - 🏆 11. / 82 اقرأ أكثر »

Disney returns to profits in third quarter as streaming business starts making money for first timeThe Walt Disney Co. returned to a profitable third quarter as its combined streaming business started making money for the first time and the movie Inside
مصدر: Mynorthwest - 🏆 438. / 53 اقرأ أكثر »

Disney returns to profit in third quarter as streaming business starts making money for first timeThe Walt Disney Co. returned to a profitable third quarter as its combined streaming business started making money for the first time and the movie Inside Out 2 did well in theaters.
مصدر: wjxt4 - 🏆 246. / 63 اقرأ أكثر »