Walt Disney beats earnings estimates with help from 'Moana 2'
Walt Disney sharply outperformed Wall Street's quarterly earnings estimates on Wednesday, with results buoyed by the strong holiday box office performance of animated sequel "Moana 2," though the company warned of a modest decline in Disney+ streaming subscribers in the coming quarter.
Disney has reduced its content budget to $23 billion as part of ongoing cost-cutting efforts, but CFO Hugh Johnston reassured ...
Disney announced that the official closing date for “It’s Tough to Be a Bug!” is on March 17 with a video from show host Flik ...
Disney's Q1 2025 revenue and EPS exceeded analyst expectations, showcasing solid financial performance despite some weak ...
There were some oversized expectations for the animated film but “Moana 2", originally intended as a series for the company’s ...
OpenAI's Sora has not gained traction in Hollywood due to studios' concerns about AI's impact on creativity and labor.
He was an animator on 'Peter Pan,' a layout artist on ‘Sleeping Beauty’ and an VFX Oscar nominee on ‘The Black Hole.’ ...
Declining cable-TV subscribers, box office flops in 2023, massive direct-to-consumer (DTC) streaming losses, rising costs for sports rights, proxy battles, and CEO succession issues have plagued Walt ...
The sports segment in India is expected to turn profitable, contributing $9 million in operating income for FY25, the company ...
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