Tag Archives: The Walt Disney Company

Susan E. Arnold has been elected as chairman of the board of The Walt Disney Company, effective December 31, succeeding Robert A. Iger.

Disney+ ended Q4 with 118.1 million subscribers, adding 2.1 million customers in the period, with overall direct-to-consumer revenues up 38 percent.

The Walt Disney Company and ESPN are set to televise and stream action from the National Hockey League (NHL) in 109 countries around the world.

Highlights of The Walt Disney Company's third-quarter financials include a 45 percent boost in revenues to $17 billion and Disney+ subscribers soaring to 116 million.

The Walt Disney Company is planning to shut down 100 TV channels in 2021, as it drives forward a digital-first strategy with Disney+.

Revenues at The Walt Disney Company were down 13 percent to $15.6 billion in the second quarter as it continues to feel the impact of Covid-19.

The Walt Disney Company has set new targets for its suite of streaming services, unveiling a raft of new content and an expansion of the Star international brand at its 2020 Investor Day, where it revealed it has topped 137 million paid subs across its portfolio.

The direct-to-consumer and international segment at The Walt Disney Company posted a 41 percent increase in Q4 revenues to $4.9 billion as Disney+ topped 73 million subs.

The Walt Disney Company has set a new organizational structure for its media and entertainment businesses in order to accelerate its direct-to-consumer streaming strategy.

With its parks largely shuttered and movie theaters closed due to COVID-19, The Walt Disney Company reported a third-quarter loss of $4.7 billion on revenues that were down 42 percent to $11.8 billion.