Simon Gallagher, Former Hulu executive, joins 'Money Movers' to discuss Disney finalizing its acquisition of Hulu and what it means for the company.
The deal clears the way for a deeper integration with the Disney+ streaming service, and ESPN's coming direct-to-consumer offering, CEO Bob Iger said.
Disney (DIS) reported earnings 30 days ago. What's next for the stock?
Disney (DIS) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
The Walt Disney Company said Thursday that its domestic theme parks generate $67 billion in combined annual economic impact. Disney's economic impact report arrives on the heels of its announcement of a new theme park development in Abu Dhabi and the opening of rival Universal's Epic Universe in Florida.
Media company Walt Disney is laying off several hundred employees in film, television and corporate finance, a source familiar with the matter said on Monday.
The job cull continues at the House of Mouse. Walt Disney Co (NYSE:DIS, ETR:WDP) is laying off several hundred more employees globally as part of its ongoing restructuring programme, with roles across film, television, marketing and corporate finance set to go.
Walt Disney is laying off several hundred people globally across multiple divisions, including marketing for film and television, TV publicity, casting and development, and corporate financial operations.
In 2023, Disney cut 7,000 jobs as part of an effort to save $5.5 billion in costs.
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Disney is poised for a breakout above long-term resistance, supported by strong Q2 results and robust growth across core business segments. Recent earnings showed 7% revenue growth, 15% operating income increase, and a significant rebound in EPS, reflecting operational improvements and cost corrections. Major expansion plans in parks, experiences, and gaming underscore Disney's growth strategy.
Disney's profit is driven more by its parks and experiences segment than by movie blockbusters. Movie results are a relatively minor contributor to Disney's overall profits and revenue. The company's strategy of combining streaming and linear content into a common business unit enhances its ability to monetize intellectual property beyond films.