Tag: Robert A. Iger

Josh D’Amaro has been unanimously elected by The Walt Disney Company’s board of directors to become the next CEO, with Dana Walden named as president and chief creative officer.

The Walt Disney Company’s revenues increased 5 percent year-over-year in Q1 to $26 billion, with entertainment revenues rising 7 percent to $11.6 billion.

The Walt Disney Company is making a $1 billion equity investment in OpenAI and will become the first major content licensing partner on Sora, OpenAI’s short-form generative AI video platform.

The Walt Disney Company’s fourth quarter revenues were almost flat at $22.5 billion, while total segment operating income decreased 5 percent to $3.5 billion.

The Walt Disney Company's revenues in the third quarter rose by 2 percent to $23.7 billion, with total segment operating income rising by 8 percent to $4.6 billion.

ESPN is acquiring the NFL Network and certain other assets from the football league in exchange for a 10 percent stake in the global sports platform.

Revenues at The Walt Disney Company were up 7 percent in Q2 to $23.6 billion, with the company delivering gains across streaming and experiences.

The Walt Disney Company posted revenues of $24.7 billion, a 5 percent increase, in Q1, driven by direct-to-consumer and content sales and licensing activities.

Fourth quarter revenues at The Walt Disney Company rose 6 percent to $22.6 billion, lifted in part by its streaming and content sales segment.

The Walt Disney Company's fourth-quarter revenues rose 4 percent to $23.2 billion, emerging from the year-ago loss of $460 million to deliver a net profit of $2.6 billion.