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Walt Disney's third quarter adjusted EPS of $2.06 beat estimates, as Experiences growth and streaming profitability surged.
Walt Disney Company reported third quarter revenue of $25.2 billion, up 7% year-over-year, and adjusted EPS of $2.06, a 28% increase from the prior year. The...
Walt Disney Company Q3 2026 Earnings Preview: What Analysts Expect on August 05, 2026
For the fiscal third quarter ending June 30, 2026, the Walt Disney Company is expected to report consensus revenue of $25.48 billion and EPS of $1.89, with the...
Sony’s Spider-Man Sets $168 Million Opening Day Record, Topping Avengers: Endgame
Spider-Man: Brand New Day set a new U.S. box office record with a $168 million opening day. This total surpassed the previous $157.4 million record held by...
Disney to Divest A+E Global Media Stake to Hearst for Over $1 Billion
The Walt Disney Company is selling its 50% stake in A+E Global Media to its joint venture partner, Hearst Communications, in an all-cash deal valued at more...
Disney fights early FCC license review, former chairs cite censorship
Bipartisan former FCC officials formally urged the agency to halt an early license review for eight Disney-owned ABC stations. The group includes former chairs...
Disney Slashes Hundreds of Jobs at Pixar and ESPN, Targeting Lower Costs
The Walt Disney Company launched a third wave of 2026 layoffs. These cuts impact several hundred employees across major divisions to reduce costs. Affected...
Kraft Heinz and Disney Announce Major Multi-Year Strategic Alliance
The Kraft Heinz Company and The Walt Disney Company have announced a landmark, long-term strategic alliance. The multi-year agreement will integrate ten Kraft...
ESPN Expresses Strong Interest in Hosting NBA's Local Media Package
ESPN Chairman Jimmy Pitaro declared the network's interest in partnering with the NBA. He spoke at the CNBC Sport x Boardroom Game Plan Summit. ESPN aims to...
FCC to Vote on Eliminating 39% National TV Ownership Cap
The Federal Communications Commission (FCC) plans to vote in August on a proposal to eliminate the 39% national audience cap for television station...
Disney Could Surge 40% by Exiting Streaming, Wells Fargo Says
Disney stock could surge 40% if the company exits the direct-to-consumer streaming business, according to Wells Fargo analyst Steven Cahall. High costs from...
Disney stumbles with $42 million Moana debut, risking $250 million budget
Disney’s live-action Moana remake faces a projected domestic opening weekend of $42 million to $46 million. This debut falls significantly short of earlier...
Disney Explores Free Disney+ Tier, Countering Rise of Ad-Supported Rivals
The Walt Disney Company is exploring a free, ad-supported tier for its Disney+ streaming service. These internal discussions remain in an early phase with no...
Disney Re-Acquires Pokémon Rights, Bolstering Disney+ and Cable Channels
The Walt Disney Company has reportedly re-acquired the rights to the Pokémon animated series. The show will begin airing on Disney Channel and Disney XD...
Disney Trails Netflix Cash Flow, Burdened by Theme Park Spending
Netflix generated $5.09 billion in free cash flow during its latest quarter. The company maintained minimal capital expenditure through its capital-light...
Disney Kicks Off 'Disney Celebrates America' Event for Nation's 250th Anniversary
The Walt Disney Company launches its "Disney Celebrates America" initiative this Fourth of July weekend. This marks the nation's 250th anniversary. The event...
Midjourney demands Disney and Warner reveal AI use, citing fair use defense
Midjourney is legally compelling Disney, Universal, and Warner Bros. to disclose their internal use of artificial intelligence. This development stems from a...
Disney Eyes Lionsgate Acquisition, Targeting John Wick and Family Hits
The Walt Disney Co. is reportedly exploring an acquisition of Lionsgate Studios to broaden its appeal to male and family audiences. This strategic move aims to...
Disney CEO D’Amaro executes $60B expansion, protecting corporate independence
Josh D’Amaro completed his first 100 days as CEO of The Walt Disney Company. He succeeded Bob Iger in March 2026. D’Amaro retained the existing executive team...
Disney's Toy Story 5 hits $585M, beating Warner Bros.' Supergirl debut
Disney and Pixar’s Toy Story 5 earned an estimated $70 million during its second domestic weekend. The film’s domestic total has reached approximately $297...
Disney Rallies ABC Viewers Against FCC, Citing Free Speech Threats
Disney’s ABC network launched an on-air campaign Monday urging viewers to oppose two Federal Communications Commission (FCC) investigations. The broadcaster...