Okay, so Disney just announced their latest earnings, and while their theme parks had a fantastic quarter – seriously, record-breaking! – there were a couple of things holding them back from a perfect report. They’re still dealing with the costs of buying up that streaming service, and they’ve been in a pretty public and ongoing battle with YouTube, which seems to be impacting things a little.
Disney’s revenue for the three months ending December 27th reached approximately $26 billion, a 5% increase year-over-year. The company’s pre-tax income was nearly $3.7 billion, up 1% from the same period last year. However, earnings per share decreased slightly to $1.34, compared to $1.40 in the prior year’s quarter.
Disney CEO Bob Iger expressed satisfaction with the company’s early performance this fiscal year and acknowledged the upcoming change in leadership as a new CEO is appointed.
He stated he was very proud of everything we’ve achieved in the last three years as we work to build a strong future for the company.
Disney’s theme parks, cruise line, and Aulani resort in Hawaii all performed very well this past quarter.
Hollywood Inc.
The animated Disney film “Zootopia,” released in 2016, was once the highest-grossing Hollywood animated movie in China. However, the Chinese film market has evolved significantly since then.
I was so thrilled to see the latest results! The company brought in a fantastic $10 billion in revenue. It’s amazing that even a small increase in visitors to our parks – just 1% – and a bit more spending per guest could make such a difference. And the new Disney Destiny cruise ship? What a success! It really helped drive operating income up to $3.3 billion, which is a solid 6% increase over last year. It’s clear people are loving what we’re creating!
Big movie successes like “Zootopia 2” and “Avatar: Fire and Ash” boosted Disney’s entertainment revenue by 7%, reaching $11.6 billion. However, profits in this area dropped 35% to $1.1 billion due to expenses from buying a large share of FuboTV and increased costs for promoting movies in theaters and on streaming platforms.
A decrease in earnings from the entertainment business negatively impacted the company’s overall operating income, which fell 9% to $4.6 billion. This was also caused, in part, by a nearly two-week dispute with YouTube TV last fall that led to Disney channels being unavailable.
Disney’s sports division saw its operating income fall by 23% to $191 million, a drop of $110 million largely due to the brief removal of Disney channels from YouTube TV. Despite this, overall sports revenue increased by 1% for the quarter, reaching a total of $4.9 billion.
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2026-02-02 15:01