The Q3 2023 earnings report released today for The Walt Disney Company has revealed Disney is selling their stake in DraftKings, just one day after announcing their plans to enter the sports betting market on their own with ‘ESPN BET.’ Disney Sells Stake in DraftKings The announcement of the sale was included in the “Other … Read more
In today’s Q3 2023 earnings call for The Walt Disney Company, CEO Bob Iger shared a statement on the ongoing strikes in Hollywood, stating he is “personally committed” to ending them. Bob Iger Comments on Hollywood Strikes After being slammed for saying the demands of writers and actors were “not realistic,” Iger has shared more … Read more
Walt Disney World and the Disneyland Resort both experienced a increase in per guest spending during the third fiscal quarter of 2022. It was revealed during The Walt Disney Company’s quarterly earnings report that per capita spending at the domestic parks increased 10% versus Q3 of 2021, while it makes a 40% increase versus the … Read more
Disney Parks, Products, and Experiences made a revenue of $7.4 billion in the third fiscal quarter of 2022, as the company revealed in its quarterly earnings report on Wednesday. In the second quarter of 2022, the parks earned $6.7 billion in revenue. The fiscal quarter covers April, May, and June, as spring and early summer … Read more
The Walt Disney Company has announced that the earnings call to discuss the 2022 third quarter results will be held on August 10. The webcast will stream from the company website at 4:30 p.m. ET. Stay tuned to WDWNT for the Q3 results and any news from that day. This will include revenue results from … Read more