Tag: The Walt Disney Company

Revenues at The Walt Disney Company in Q1 2019 were up 36 percent as the conglomerate delivered gains across all of its segments, including direct-to-consumer, with Disney+ ending 2019 with 26.5 million paid subs.

The Walt Disney Company’s fourth-quarter revenues rose by 34 percent to $19.1 billion, while fiscal year revenues were up 17 percent to $69.6 billion.

The Walt Disney Company has appointed Jan Koeppen as president of television and direct-to-consumer for Europe, the Middle East and Africa.

The Walt Disney Company’s direct-to-consumer and international unit has revealed the global launch dates and pricing for Disney+ in Canada, the Netherlands, Australia and New Zealand.

The Walt Disney Company's third-quarter revenues rose by 33 percent to $20.2 billion, while net income from continuing operations dropped by 51 percent to $1.4 billion.

The Walt Disney Company is merging its media sales and channel distribution activities under one division, to be led by Justin Connolly.

The deal to take full operational control of Hulu marks the third prong in Disney's direct-to-consumer strategy and will deliver a host of synergies for the company, Chairman and CEO Bob Iger said at the MoffettNathanson Media & Communications Summit.

Kevin Mayer, chairman of direct-to-consumer and international at The Walt Disney Company, delivered the opening remarks at the group’s Upfront Experience in New York City yesterday, touting the power of the expanded advertising portfolio.

The Walt Disney Company will assume full operational control of Hulu, effective immediately, in return for Disney and Comcast Corporation entering into a “put/call” agreement regarding NBCUniversal’s 33 percent ownership interest in Hulu.

Second-quarter revenues at The Walt Disney Company rose by 3 percent to $14.9 billion, with net income rising to $5.4 billion, on the heels of its 21st Century Fox acquisition.