Disney's strong Q1'25 results highlight significant growth in its streaming segment, with operating income surging 31% year-over-year due to subscriber monetization. Despite a 1% subscriber decline in Disney+, the streaming company saw net subscription growth of 0.9M due to Hulu. Disney is seeing improving subscriber monetization and long term trends in revenue, operating income and EBITDA poin...
UPDATED, 5:30 PM: Some 17 months after unionizing, production management staffers at Walt Disney Animation Studios have ratified their first labor contract. The vote conducted by IATSE's Animation Guild was 93% in favor of sealing the deal, with 96% of eligible voters casting ballots.
NEW YORK , March 6, 2025 /PRNewswire/ -- Kuehn Law, PLLC, a shareholder litigation law firm, is investigating whether certain officers and directors of The Walt Disney Company (NYSE: DIS) breached their fiduciary duties to shareholders. According to a federal securities lawsuit, Insiders at Disney caused the company to misrepresent or fail to disclose that (i) Disney+ was suffering decelerati...
The Walt Disney Co. (DIS) is laying off around 200 employees, or just under 6% of the combined staff at its ABC News Group and Disney Entertainment Networks units, according to a new report from The Wall Street Journal.
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