Tag: The Walt Disney Company

The Walt Disney Company touted an additional 14.4 million subscribers for Disney+ during the third fiscal quarter for a total of 152.1 million subs, alongside a 26 percent bump in company revenues.

The Walt Disney Company has named Dana Walden as chairman of Disney General Entertainment Content, succeeding Peter Rice, who is leaving the company.

Revenues at The Walt Disney Company were up 23 percent in the second quarter to $19.2 billion, with the company reporting 7.9 million additional customers at Disney+ to reach 137.7 million.

In response to the ongoing crisis in Ukraine, The Walt Disney Company is pausing the release of theatrical films in Russia and reviewing the rest of its businesses there.

The Walt Disney Company saw its Q1 revenues rise by 34 percent to $21.8 billion, helped in part by gains at its direct-to-consumer streaming division, with Disney+ ending the quarter with 129.8 million total subscribers, a 37 percent year-on-year gain.

As part of an effort to bolster its direct-to-consumer business around the world, The Walt Disney Company is creating a new hub for international content creation and has made several key executive appointments.

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.