Disney Archives - CFO

Disney CFO Christine McCarthy Lacked Confidence in Ousted CEO Bob Chapek

Disney CFO Christine McCarthy Lacked Confidence in Ousted CEO Bob Chapek

Following "peak losses," the Disney CFO told the board the company was headed in the wrong direction.

By Andy Burt | November 22, 2022

Netflix Tops 200M Subs, Sees Positive Cash Flow

Financial Performance

Netflix Tops 200M Subs, Sees Positive Cash Flow

The streaming giant's shares jumped 12% after it indicated it would return any excess cash to shareholders through buybacks.

By Matthew Heller | January 20, 2021

Disney Loses $710M, Gets Boost From Streaming

Financial Performance

Disney Loses $710M, Gets Boost From Streaming

“The real bright spot has been our direct-to-consumer business, which is key to the future of our company."

By Matthew Heller | November 13, 2020

Disney Reorganizes to Focus on Streaming

Disney Reorganizes to Focus on Streaming

The reorganization comes as the coronavirus pandemic has closed parks and stalled film production.

By Lauren Muskett | October 13, 2020

Disney Surge May Accelerate Fox Deal Closing

Disney Surge May Accelerate Fox Deal Closing

The company's quarterly earnings and revenue solidly beat forecasts, perhaps opening the door to an early-2019 completion of Fox assets acquisition.

By David McCann | November 9, 2018

Fox Reports Earnings Ahead of Disney Sale

Financial Reporting

Fox Reports Earnings Ahead of Disney Sale

The $71 billion deal won approval from European regulators this week.

By William Sprouse | November 7, 2018

The Key to M&A Success: Brutal Honesty

The Key to M&A Success: Brutal Honesty

When M&A deals are booming, it's important for CFOs to remember that volume fuels mistakes as well as success.

By Tim Barefield | October 15, 2018

Disney’s Profit Drops 14% But Beats Estimates

Disney’s Profit Drops 14% But Beats Estimates

ESPN continued to be a drag on Disney's cable networks unit, which saw a 4% decline in revenue and a 2% drop in operating income.

By Matthew Heller | February 7, 2017

Ex-CFO Tells the Fascinating Story of Pixar

Ex-CFO Tells the Fascinating Story of Pixar

In his new book, Lawrence Levy details his wild ride with Pixar owner Steve Jobs to the release of 'Toy Story' and a dazzling IPO.

By David McCann | October 5, 2016

Comcast Emulates Disney With DreamWorks Deal

Comcast Emulates Disney With DreamWorks Deal

With the $3.8 billion purchase, Comcast's NBCUniversal gains the rights to valuable children's characters and franchises, like Kung Fu Panda.

By Matthew Heller | April 28, 2016

Service Innovation in a Digital World

Service Innovation in a Digital World

New digital upstarts are threatening the bottom lines, growth prospects, and even business models of traditional service providers.

By Ewan Duncan, Tony D'Emidio, and David Dorton | February 18, 2015

Managing Mickey’s Money

Corporate Finance

Managing Mickey’s Money

Disney's Nanula has his hands full restoring investor confidence.

By Ronald Fink | November 1, 1997

Mortgaging the Mouse

Corporate Finance

Mortgaging the Mouse

Amid turnstile heroics at Euro Disney, the villain is still heavy debt. What now for its new CFO?

By Victoria Griffith | August 1, 1997