Disney's Q4 Earnings: Streaming Profits, CEO Succession

Disneys Q4 Earnings: Cost-cutting, Price Hikes, and Streaming FocusDisneys fiscal fourth quarter earnings report, due November twelfth, will reveal if CEO Bob Igers strategy of cost-cutting, price hikes, and streaming focus is delivering consistent profits. Despite anticipated slight earnings dip and slower revenue growth, strong performance from parks, cruise lines, and streaming services is expected. Disneys direct-to-consumer streaming unit, including Disney Plus and Hulu, is projected to show another quarter of operating profitability. New price hikes for Disney Plus and Hulu went into effect, aiming for over one point three billion dollars in streaming operating income this fiscal year. An announcement on CEO Bob Igers successor is expected early next year.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.