Per TheAthletic, Disney and ESPN have reached an agreement that could potentially be worth billions of dollars. This landmark deal enables ESPN, to expand its content options and shift more to streaming and further from its dependence on conventional cable TV. ESPN and NFL Agreement Positioning Disney to Secure Streaming Dominance According to the article … Read more
The Walt Disney Company shared in their Q1 2024 earnings report that their overall revenue was $23.55 billion, earning $1.04 per share. The Walt Disney Company Q1 2024 Earnings This is a slight increase from Q1 2023, when Disney saw earnings of 99 cents per share on $23.51 billion in revenue. Estimated revenue for this … Read more
The Walt Disney Company reported in a filing with the U.S. Securities and Exchange Commission (SEC) that Florida is a potential threat to their business. Florida Threatening Disney Business After releasing their quarter two earnings report on Wednesday, The Walt Disney Company stated in their filing with the SEC that the recent actions by Florida … Read more
Disney is expecting the domestic Disney Parks (Disneyland Resort and Walt Disney World Resort) to have a lower Q3 2023 revenue than in Q3 2022. The reasons Disney gave for the revenue being lower were due to the new Cast Member contract and the end of the 50th Anniversary celebration at Walt Disney World. The … Read more
Disney Parks, Experiences and Products reports $7.78 billion in revenue during the second quarter of 2023, which ran from early January to late March. During this time, the Disney 100 Years of Wonder celebration kicked off at Disneyland Resort and began at Walt Disney World Resort. With the celebration came the debut of “Wondrous Journeys” … Read more
The Walt Disney Company announced during Wednesday’s earnings call that they made approximately $21.8 billion in revenue during the second quarter of 2023. Their adjusted earnings per share (EPS) was $0.93, a decrease from $1.08 in last year’s quarter. Disney’s second fiscal quarter ran from January 1 to April 1, 2023. “We’re pleased with our … Read more