Welcome to our dedicated page for Walt Disney news (Ticker: DIS), a resource for investors and traders seeking the latest updates and insights on Walt Disney stock.
The Walt Disney Company (DIS), widely known as Disney, is an American multinational mass media and entertainment conglomerate headquartered at the Walt Disney Studios complex in Burbank, California. Established over a century ago, Disney has grown to become a leading force in the entertainment industry.
Core Segments:
- Entertainment: This segment includes the ABC broadcast network, numerous cable television networks, and popular streaming services such as Disney+ and Hulu. Disney also produces and distributes movies and television content, with some content kept exclusively for its platforms and networks.
- Sports: The sports segment is dominated by ESPN and its streaming service, ESPN+. This allows Disney to cater to a diverse audience interested in live sports and related programming.
- Experiences: This segment focuses on Disney's theme parks and vacation destinations, which are world-renowned for their immersive experiences. It also encompasses merchandise licensing, leveraging Disney's iconic franchises like Mickey Mouse, Star Wars, and Marvel.
Recent Achievements and Projects:
Disney has continually evolved, embracing the digital age with the rapid growth of Disney+ and Hulu. These platforms have attracted millions of subscribers worldwide, thanks to a vast library of content including new releases, classic films, and exclusive series.
Financial Condition:
Despite challenges faced during the global pandemic, Disney has shown resilience. Its diverse revenue streams from streaming, traditional media, and theme parks have helped the company maintain a strong financial footing. The recovery in theme park attendance and the sustained growth of Disney+ subscription numbers are critical factors driving Disney's financial stability.
Partnerships and Collaborations:
Disney continues to forge strategic partnerships to expand its content and distribution capabilities. Collaborations with major studios and technology firms enhance its offerings and deliver cutting-edge entertainment experiences to audiences.
Disney's enduring legacy and commitment to innovation ensure it remains a pivotal player in the entertainment industry. Investors and fans alike follow Disney for its consistent delivery of high-quality content and memorable experiences.
Disney Entertainment Co-Chairman Dana Walden is scheduled to participate in a Q&A session at the Morgan Stanley Technology, Media, and Telecom Conference on March 4, 2025 at 6:20 p.m. ET/ 3:20 p.m. PT.
The session will be available via live stream on www.disney.com/investors, where a recording will also be archived for later viewing.
Disney (DIS) reported strong Q1 fiscal 2025 results with revenues increasing 5% to $24.7 billion. The company's diluted EPS rose 35% to $1.40, while adjusted EPS grew 44% to $1.76. Total segment operating income increased 31% to $5.1 billion.
Entertainment segment operating income grew by $0.8 billion to $1.7 billion, with Direct-to-Consumer achieving profitability of $293 million. Disney+ and Hulu reached 178 million total subscriptions, though Disney+ subscribers decreased by 0.7 million. Sports segment operating income improved by $350 million to $247 million, with domestic ESPN advertising revenue up 15%.
The Experiences segment maintained $3.1 billion operating income despite impacts from Hurricanes Milton and Helene ($120 million) and cruise pre-opening expenses ($75 million). The company projects high-single digit adjusted EPS growth for fiscal 2025 and expects approximately $15 billion in cash from operations.
Disney Experiences announced key leadership changes as part of its global expansion plans. Ken Potrock, a 30-year Disney veteran, will become President of Major Events Integration, focusing on maximizing large-scale events including the 2028 LA Olympics. Thomas Mazloum has been appointed President of Disneyland Resort, overseeing 36,000 Cast Members and operations following the DisneylandForward approval.
Joe Schott becomes President of Disney Signature Experiences, managing Disney Cruise Line, Disney Vacation Club, and other leisure experiences. Andrew Bolstein is promoted to President & General Manager of Shanghai Disney Resort. These appointments support Disney's expansion plans, including doubling its cruise line fleet by 2031 and developing new attractions across global theme parks.
Disney and FuboTV have announced a definitive agreement to combine Disney's Hulu + Live TV business with Fubo, creating a combined virtual MVPD company. Under the agreement, Disney will own 70% of Fubo, while the existing Fubo management team will operate the combined business.
The merged entity will have over 6.2 million North American subscribers and will continue to offer Fubo and Hulu + Live TV as separate services. As part of the deal, Fubo will create a new Sports & Broadcasting service featuring Disney's sports and broadcast networks, including ABC, ESPN, and ESPN+.
The transaction includes a $220 million aggregate cash payment to Fubo from Disney, FOX, and Warner Bros. Discovery as part of litigation settlement. Disney has also committed to provide a $145 million term loan to Fubo in 2026. The combined company is projected to be cash-flow positive immediately after closing.
Disney (NYSE: DIS) has announced it will host a live audio Q&A webcast to discuss its fiscal first quarter 2025 financial results on Wednesday, February 5, 2025, at 8:30 a.m. ET / 5:30 a.m. PT. The company will release its financial results and management's prepared remarks on its investor relations website (www.disney.com/investors) before regular trading begins on the same day. The webcast will be archived for future reference.
Disney (NYSE: DIS) has declared a cash dividend of $1.00 per share, marking a significant 33% increase from the previous $0.75 per share paid during fiscal year 2024. The dividend will be distributed in two equal installments of $0.50 per share, with payments scheduled for January 16, 2025 and July 23, 2025. CEO Robert A. Iger attributes this increase to the company's successful year and strategic improvements in quality, innovation, efficiency, and value creation.
Disney has announced that CFO Hugh Johnston will participate in a Q&A session at the UBS Global Media and Communications Conference on December 9, 2024, at 1:30 p.m. ET. The session will be available via live stream on Disney's investor relations website, with a recording archived for later viewing. This appearance marks an important opportunity for investors to gain insights into Disney's financial strategy and outlook.
Reliance Industries (RIL) and The Walt Disney Company (DIS) have completed their merger to form a joint venture combining their media and streaming businesses in India. The transaction values the JV at ₹70,352 crore (~US$8.5 billion). RIL has invested ₹11,500 crore (~US$1.4 billion) for growth capital. The ownership structure comprises RIL (16.34%), Viacom18 (46.82%), and Disney (36.84%). The JV will operate over 100 TV channels, produce 30,000+ hours of TV content annually, and manage digital platforms JioCinema and Hotstar with 50+ million subscribers. The combined entity reports pro forma revenue of approximately ₹26,000 crore (~US$3.1 billion) for FY2024.
The Walt Disney Company (NYSE: DIS) shared commentary from CEO Robert A. Iger and CFO Hugh F. Johnston on its fiscal full year and fourth quarter 2024 financial results. The company has posted its earnings release and Form 10-K on its investor website. A live audio webcast with Q&A to discuss the results will be held today at 8:30 a.m. ET / 5:30 a.m. PT, and it will be archived for later access. For more details, visit www.disney.com/investors.
Disney (DIS) reported Q4 and full-year 2024 results with revenues increasing 6% to $22.6 billion in Q4 and 3% to $91.4 billion for the year. Q4 diluted EPS rose 79% to $0.25, while full-year EPS more than doubled to $2.72. Entertainment segment showed significant improvement with $1.1 billion operating income. Disney+ Core and Hulu reached 174 million subscriptions, with Disney+ Core adding 4.4 million paid subscribers. The company provided guidance for fiscal 2025-2027, projecting high-single digit adjusted EPS growth for 2025 and double-digit growth for 2026-2027.