Tag: The Walt Disney Company

While reporting strong subscriber gains for its SVOD platform, The Walt Disney Company saw its profit plunge in the second quarter as it deals with the impact of the novel coronavirus pandemic.

In a conference call with analysts, Robert Iger, chairman and CEO of The Walt Disney Company, weighed in on the international rollout of Disney+, including the upcoming debut in India, and noted that global expansion of Hulu is likely to follow beginning in 2021.

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.