Disney’s fiscal fourth-quarter revenue grew 6.3% year-over-year to $22.6 billion, slightly above Ehrlich’s forecast of $22.3 billion. Operating income (OI) increased by 16% to $3.66 billion but fell ...
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.
That's not allits streaming division, home to Disney+ and Hulu, posted a $253 million profit, up from a $420 million loss last year. Combine that with ESPN+, and the segment brought in $321 million.
(Reuters) - Reliance Industries and Walt Disney on Thursday completed the $8.5 billion merger of their Indian media assets, which have been split into three divisions, with each unit having its own ...