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TipRanks on MSNDisney Stock or Netflix Stock? Analysts Say One’s a Stream Dream, the Other Needs a Plot TwistWall Street is split on two of the biggest names in entertainment, Disney stock ($DIS) and Netflix stock ($NFLX), as both ...
Disney narrowed its total streaming losses by 79% year over year to $216 million in its first quarter of 2024, with DTC revenue growing 14% year over year to $6.08 billion.
Disney’s direct-to-consumer division, which includes Disney+, Hulu and ESPN+, saw revenue grow 12% year over year to $5.03 billion, while its operating loss narrowed 70% year over year to $420 ...
Overall, Disney posted revenue of $22.08 billion (up 1.2%) and a net loss of $20 million (versus net income of $1.27 billion in the year-earlier period), or a loss of 1 cent per share.
Revenue rose 7 percent to $23.62 billion, also topping projections. Revenue for Disney Entertainment, which includes the company’s movie studios and streaming service, climbed 9 percent, while ...
Disney's content sales and licensing revenue fell 40% year-over-year, which it blamed on the lack of a box-office hit that could compete with "Avatar: The Way of Water" and "Ant-Man and the Wasp ...
Fourth-quarter revenue for Walt Disney Co. overall was $21.2 billion, a 5% year-to-year increase. The company reported an increase of almost 7 million subscribers to its Disney+ streaming service.
But Disney also reported increased guest spending at U.S. parks for the quarter. Domestic theme park revenue was reported as $6.43 billion. In a conference call with market analysts, Chief ...
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