Tom Rogers, Oorbit Gaming executive chairman and Newsweek editor-at-large, joins 'Fast Money' to talk major media companies reporting earnings including Disney and Warner Bros. Discovery.
The Walt Disney Company reported a profitable combined streaming business in third quarter earnings. CEO Bob Iger expects continued DTC profitability in the last quarter of the fiscal year. Streaming

Disney (DIS) Profits on Streaming, Loses in Parks

03:51pm, Wednesday, 07'th Aug 2024
Is Disney "firing on all cylinders" following its latest earnings? Jamie Lumley and Seth Schachner talk about how the media giant positioned itself well in some aspects of its business, while showing
Barton Crockett, Rosenblatt Securities senior analyst, joins 'Power Lunch' to discuss Disney's earnings.
Disney stock slid Wednesday after the company warned about softness in its cash cow parks division during its morning quarterly earnings update, sending shares to a new 2024 nadir as the entertainment

Disney's Parks Slowdown Offset Streaming Profit

03:20pm, Wednesday, 07'th Aug 2024
Walt Disney gave a mixed picture as it reported third-quarter results on Wednesday, with weakness at its famed theme parks offsetting its first-ever profit in streaming. Lightshed Partner Rich Greenfi
Market participants are shifting their focus back to earnings results in addition to upcoming inflation reports.
Shares of Disney (DIS) are slipping as weakness in the company's parks division weighed on its third quarter results. However, the entertainment giant's streaming division turned a profit for the firs
Disney and Comcast hired investment bank RBC Capital as the independent appraiser to resolve a dispute over how to value the 33% stake in the streaming platform.
Disney (NYSE: DIS ) stock is one of today's top trending names for mixed reasons. The family entertainment conglomerate has been volatile since markets opened as both positive and negative headlines t

Disney CFO on parks business

12:45pm, Wednesday, 07'th Aug 2024
Disney CFO Hugh Johnston joins ‘Squawk Box' to discuss the company's latest earnings, plans to raise prices on its streaming platforms, and more.
The Walt Disney Company (DIS) reported its third quarter results revealing its streaming service was profitable for the first time, but its theme park unit fell short of sales and profit expectations.
Disney's latest earnings report beat analyst estimates on Wednesday as the House of Mouse said it brought in $23.2 billion in the third quarter.
The Walt Disney Company hosted an earnings call on Wednesday. CFO Hugh Johnston said the company will crackdown on password-sharing in September.
Disney announced price hikes across its entire streaming catalog, including Hulu and ESPN+. Transcript: CONWAY GITTENS: Here's what we're watching on TheStreet today.
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