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Stock impact report

Disney plans to raise the price of key services [Yahoo! Finance]

Walt Disney Company (The) (DIS) 
Last walt disney company (the) earnings: 2/4 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
The entertainment conglomerate is seeing success in multiple areas of its business, such as film and television production, theme parks, and streaming, which are all currently bringing in massive profits for the company. Don't miss the move: SIGN UP for TheStreet's FREE Daily newsletter Disney's fourth-quarter earnings report for 2024 revealed that it earned $22.6 billion in revenue, a 6% increase from the same quarter in 2023. Related: Disney flags startling shift in consumer behavior at theme parks Disney's streaming business is especially booming. Its platforms Hulu, ESPN+ and Disney+ faced a 15% year-over-year revenue increase during the quarter due to higher prices and new subscribers. While its streaming services are blossoming, Disney believes that there is room to grow those platforms, which involves raising prices once again. According to a recent earnings call, Disney Chief Financial Officer Hugh Johnston claimed that the company's "exceptional content” on Show less Read more
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