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@taskmaster4450le "Iger is unlikely to be too upset about his acciden..." by taskmaster4450le

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@taskmaster4450le "Iger is unlikely to be too upset about his acciden..."
Iger is unlikely to be too upset about his accidental reveal, given how well Disney performed over the quarter. Deadpool & Wolverine and Inside Out 2, the two top movies of 2024 so far, both of which grossed over $1 billion, helped push revenue up 6% year-on-year to about $22.57 billion, beating Wall Street analysts' expectations.

Disney's subscription services were also a bright spot: it now boasts 174 million Disney+ core and Hulu subscriptions. Disney+ global subscriptions alone are up 4.4 million compared to the previous quarter, while Hulu gained 900,000 more subs. Streaming revenue rose 15% to $5.78 billion, and ad sales rose 14%. Disney said its gains came from subscription price hikes and lower marketing costs.
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