Walt Disney Co. Archives - CFO

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 Profit Falls on Weak Results From Fox

Financial Performance

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.

By Matthew Heller | August 7, 2019

Disney Takes Over Hulu in Deal With Comcast

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.

By Matthew Heller | May 14, 2019

Disney to Buy Fox in $52B Media Mega-Merger

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.”

By Matthew Heller | December 14, 2017

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

Disney Profit Hurt by Revenue Decline at ESPN

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.

By Matthew Heller | November 14, 2016

Disney Sets Quarterly Earnings Record of $2.5B

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.

By Matthew Heller | August 5, 2015

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