Wednesday, May 1, 2024

Tag: The Walt Disney Company

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Disney Posts Lower Quarterly Profits, Unveils New Streaming Plans

August 9, 2017

The Walt Disney Company, which saw its net income slip 9 percent in its third fiscal quarter to $2.37 billion, is planning to introduce new OTT services for ESPN and the Disney brand, effectively ending its distribution agreement with Netflix for subscription streaming of new releases.

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ESPN Costs Weigh Down Disney Q1 Revenue

February 8, 2017

BURBANK: The Walt Disney Company's revenue for the first quarter slipped 3 percent to $14.8 billion, with a decline in profit at ESPN impacting results in the cable networks segment.

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Saban, Disney Invest in Playbuzz

March 31, 2016

NEW YORK: Playbuzz, an online creation platform for quizzes, games, video and other content, has raised $15 million in new funding, led by Saban Ventures with participation from The Walt Disney Company.

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Disney Posts Record Quarterly Earnings

February 10, 2016

BURBANK: The Walt Disney Company reported record quarterly earnings of $2.9 billion for its first fiscal quarter, thanks in part to the global success of Star Wars: The Force Awakens.