menu_open
Columnists Actual . Favourites . Archive
We use cookies to provide some features and experiences in QOSHE

More information  .  Close
Aa Aa Aa
- A +

Disney’s Streaming Business Finally Finds Its Rhythm

1 0
previous day

As Bob Iger nears the halfway point of his four-year contract heading The Walt Disney Company (DIS), the media mogul is well on his way to leaving behind a healthy company when he passes the CEO baton to a successor in 2026. Bolstered by box office hits and momentum across its streaming division, Disney today (Nov. 14) reported a 74 percent bump in net income to $460 million for the July to September quarter. “As I reflect on the two years since I returned to the company, I’m incredibly proud of how much progress we’ve made,” said Iger on an earnings call, adding that he believes the company “can continue to drive healthy growth beyond this year.”

Thank you for signing up!

By clicking submit, you agree to our terms of service and acknowledge we may use your information to send you emails, product samples, and promotions on this website and other properties. You can opt out anytime.

Iger praised Disney’s streaming businesses (Disney , Hulu and ESPN ), which turned a profit for the second quarter in a row.........

© Observer


Get it on Google Play