Disney CFO: I wouldn't change anything about our portfolio
Hugh Johnston, Disney CFO, joins CNBC's 'Squawk Box' to discuss the company's most recent earnings report. Former Democrat Tulsi Gabbard is Trump's pick for director of national intelligence
Disney doesn't plan to change its TV networks portfolio anytime soon
Disney CFO Hugh Johnston told CNBC on Thursday the company doesn't plan to change its TV network portfolio anytime soon. The comments come more than a year after CEO Bob Iger opened the door to selling Disney's linear TV assets, and weeks after Comcast ...
Disney CFO: We are sticking with the TV business
The financial performance of Disney's entertainment business stole the show, no pun intended. Its sales surged 14% on the back of strong performance from Inside Out 2 and Deadpool & Wolverine. Operating profits hit $1.1 billion, up from $236 million a year ago.
Disney’s streaming business is finally finding its footing
Disney made money off its streaming business for the second time in a row. During Q4 2024, profit from Disney Plus, Hulu, and ESPN Plus soared to $321 million, up from $47 million last quarter.
Bloomberg Businessweek: Disney Earnings
Carol Massar and Tim Stenovec bring together the latest news from the world of business and finance and the interesting stories.
Disney's streaming business is hitting its stride
The House of Mouse on Thursday released mixed fourth fiscal quarter results, with growth being driven primarily by its streaming business. The company’s traditional TV division continued to struggle.
Disney’s Streaming Business Finally Finds Its Rhythm
As it searches for CEO Bob Iger’s successor, Disney’s streaming wins have done a lot to lift its profits—and its spirits.
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 ...
Disney CFO on earnings beat: 'The magic is back at Disney'
Disney (DIS) shares are trading higher after the company reported better-than-expected quarterly results and provided strong ...
‘Deadpool & Wolverine’ helps push Disney past Wall Street estimates: ‘Well positioned for growth’
We’ve emerged from a period of considerable challenges and disruption,” Iger told investors. “We’re well positioned for ...
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Bob Iger Slams The Brakes On New M&A Amid Comcast's Cable Spinoff: Disney Doesn't 'Really Need More Assets' To Compete
Disney’s senior executive vice president and CFO, Hugh Johnston, also rejected the idea of divestitures, stating that he ...
Bob Iger says Disney doesn’t ‘need more assets right now’ to thrive in 'disrupted media world’
Disney CEO Bob Iger doesn't think the company needs to engage in mergers and acquisitions to compete in streaming.
Bob Iger Accidentally Reveals Disney’s Ad-Supported Streaming Subscriber Numbers
Bob Iger wasn't supposed to reveal Disney's ad-supported streaming numbers on Thursday's earnings call, but he did.
Disney Expects to Spend $24B on Content Next Year
Rate hikes at the NFL and NBA may mean that sports drive the slight spending increase, with the company reporting $23.4 ...
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 ...