The Walt Disney Company Board of Directors has announced that, in a unanimous vote held on February 2nd, it elected Disney Experiences Chairman Josh D’Amaro to become Chief Executive Officer of The Walt Disney Company, effective at the upcoming Annual Meeting on March 18th, when he will succeed longtime Disney CEO Bob Iger. The Board […]
The Walt Disney Company has reported earnings for its first quarter ended December 27th 2025, with revenues up 5 per cent to $26 billion (€21.9bn) in Q1 fiscal 2025, beating analyst estimates. The media giant saw significant gains in entertainment revenue, particularly boosted by box office hits, whilst the company’s Experience sector (ie theme parks) […]
ESPN, a subsidiary of The Walt Disney Company, and the NFL have announced a non-binding agreement under which ESPN will acquire NFL Network and certain other media assets owned and controlled by the NFL – including NFL’s linear RedZone Channel, and NFL Fantasy – in exchange for a 10 per cent equity stake in ESPN. […]
The Walt Disney Company has reported that Q2 2025 revenue rose by 7 per cent year-on-year to reach $23.6 billion (€20.7bn), beating expectations. The number of subscribers to the company’s Disney+ and Hulu streaming services rose by 2.5 million (combined) from the previous quarter to 180.7 million, while the number of those subscribed to just […]
The Walt Disney Company has reported revenues increased 5 per cent year-on-year in Q1 to $24.7 billion (€23.7bn). Operating income rose 31 per cent from a year earlier to $5.1 billion. The company reported 178 million combined Disney+ and Hulu subscriptions, an increase of 0.9 million vs Q4 fiscal 2024. However, Disney+ subscribers were at […]
Disney has fired back at Nelson Peltz and his Trian Fund’s campaign to win two board seats with an attack on the activist’s motivations and qualifications. In a 66-page regulatory filing, Disney said Peltz and Trian’s other designated board candidate, former Disney CFO Jay Rasulo, “are not what Disney needs right now.” Disney says Peltz […]
Disney is bracing for another proxy battle with the activist investor Nelson Peltz. James Gorman, Morgan Stanley’s chief executive, and Jeremy Darroch, who formerly ran Sky, the British television company, will join Disney’s board early in 2024, according to a securities filing. “Their appointments reflect Disney’s commitment to a strong board focused on the long-term […]
The Walt Disney Company has reported earnings for its fourth quarter and full year ended September 30th 2023. Financial Results for the Quarter and Full Year. Revenues for the quarter and year grew 5 per cent to $21.24 billion (€19.8bn) and 7 per cent compared to the prior-year quarter and prior year, respectively. Disney+ added […]
Following in the footsteps of Netflix, Disney+ is beginning to target subscribers who are sharing their account login details – initially in Canada. An email sent to Disney+ subscribers in Canada has informed them that the service will begin restricting their “ability to share your account or login credentials outside of your household” beginning on […]
Byron Allen has made a $10 billion (€9. 3bn) offer for Disney’s ABC and other linear networks according to Allen Media Group. Station owner Nexstar, which bought the CW Network, also has expressed interest in buying ABC and its stations from Disney. Disney CEO Bob Iger has said that the company’s linear networks, including ABC, […]