May 9th, 2025
Create an account or log in to unlock unlimited access!
Disney made good money from its parks and added many new customers to its TV service.
The company said it will make more money this year. So, its shares went up a lot.
Disney said they will make a new park in Abu Dhabi.
Disney made $3.28 billion in three months. Last year, they lost $20 million.
The company made $1.45 for each share. This was more than people thought.
The company made more money. It made $23.62 billion. This was 7% more than before. It was more than people expected.
Disney earned more money. Money from movies and Disney+ increased by 9%. Money from the parks increased by 6%.
Some new popular movies are “Moana 2” and “The Lion King.” Their movie “Thunderbolts” is the most popular now. The leaders Bob Iger and Hugh Johnston said they believe this year's movies will be successful. Some of these movies are “Lilo & Stitch,” “The Fantastic Four,” and “Avatar.”
Disney could have problems because of the trade war.
Now, Disney's streaming is getting bigger. It made $336 million, which is more money than before. It made 8% more money.
More people in the US and Canada paid for Disney+. In other countries, more people also paid for Disney+.
More people paid for Disney+. There were 126 million people in the second part of the year. This is more than before. The company thought fewer people would pay.
Many people use Disney+ and Hulu. 180.7 million people use them now. This is 2.5 million more people than before.
Disney did well because people like their shows. Disney wants to make more shows in other countries too. This might mean they want to be like Netflix.
Disney makes money two times from its movies. First, people watch them in the cinema. Then, people watch them on its TV service.
'Moana 2' is a movie. Many people watched it on Disney+. They watched it for over 139 million hours. This is the most for a new Disney movie on Disney+, except for 'Encanto'. The first 'Moana' is still the most watched movie on Disney+. People watched it for over 1.4 billion hours.
Disney's parks and ships made more money. They made $2.5 billion. This is 9% more than before. Parks in the US made 13% more money. But parks in Shanghai and Hong Kong made 23% less money.
Disney is looking for a new boss after Iger.
Last year, Disney started looking for a new leader. James Gorman helped them.
Iger will stay at Disney until 2026.
Disney is looking for new bosses. They are looking at people who work there and people from other places. People think the new bosses could be Jimmy Pitaro, Josh D’Amaro, Alan Bergman, and Dana Walden. They work at Disney now.
Disney thinks it will make $5.75 for each share this year. This is more money than others thought. They thought it would be $5.43.
May 9th, 2025
Good news: People in US feel better about money.
USA and Europe: A Trade Fight. What Does the USA Want? What Can Europe Give?
Salesforce Buys Informatica for $8 Billion
Companies in Europe Do Less Business in China
Walmart: Prices Go Up Because of Tariffs
Starbucks Workers Stop Work: New Rules Make Them Angry
Japan's Economy: Sales Go Down. Trade Problem Hurts Japan.
Asian shares: Some up, some down
Stocks Go Up After Bank Decision
Trump's Trade Talks: Tariffs Are Confusing
Create an account or log in to continue reading and join the Lingo Times community!