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fromAdExchanger
2 days ago

Bob Iger's (Maybe?) Parting Gift To Disney: No More Reporting Subscriber Numbers | AdExchanger

Instead, he focused on the last three years, when he returned to the CEO role in 2022 after leaving it in 2020. When he first came back, the streaming business had lost $4 billion that year, Iger said, and required massive organizational restructuring to "create more accountability." All that effort seems to have paid off, financially speaking. Last quarter, Disney's SVOD services grew 11% year-over-year to more than $5 billion, driven by growth in both subscription and advertising revenue.
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fromFast Company
2 months ago

Disney stock tumbles as TV business slides further toward collapse

Disney's quarter missed expectations as linear networks and theatrical revenue fell despite streaming subscriber growth and higher sports revenue.
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