Walt Disney Co.
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."
Disney Profit Falls on Weak Results From Fox
The results from the Fox movie studio were “well below” what Disney hoped for “when we made the acquisition,” CEO Bob Iger says.
Disney Takes Over Hulu in Deal With Comcast
The agreement gives Disney immediate operational control of Hulu in return for buying out Comcast's minority stake for at least $5.8 billion in 2024.
Disney to Buy Fox in $52B Media Mega-Merger
The deal will add to "the stable of must-watch content [Disney] can offer directly to consumers — and that streaming competitors can not.”
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.
Disney Profit Hurt by Revenue Decline at ESPN
Operating income fell at all of Disney's business segments in the fourth quarter, with the cable unit continuing to suffer from ESPN subscriber losses.
Disney Sets Quarterly Earnings Record of $2.5B
Revenue rose 5% to $13.1 billion, but that was below analysts' estimates of $13.23 billion.