Disney Surpasses Earnings Expectations Driven by Parks, Streaming, and Major Sports Deals
TL;DR Summary
Disney reported a profitable Q3 with strong performances in its theme parks and streaming segments, driven by growth in Disney+ subscribers and successful park operations, despite challenges in linear TV and film studio profits. The company highlighted upcoming streaming launches, new park developments, and major content releases as part of its strategic growth plans.
- Disney Sees Theme Park & Streaming Profit, Studio Red Ink In FYQ3 Amid Flurry Of ESPN News Deadline
- Disney earnings top expectations as streaming, parks offset TV headwinds CNBC
- Disney lifts profit outlook as parks, streaming drive Q3 earning beat, ESPN strikes NFL deal Yahoo Finance
- Walt Disney blows past profit estimates after inking major deals with NFL and WWE MarketWatch
- Disney free cash flow jumps as Lilo & Stitch, sports drive growth Quartz
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