May 9th, 2025
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Disney made good money from April to June. Many people went to its parks in the USA. Also, many new people paid to watch its shows online.
The company said it will make more money this year. Its shares went up a lot on Wednesday.
Disney said it will build 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.
Money from sales went up 7% to $23.62 billion. This was more than they thought.
Money for Disney movies and TV went up 9%. Money from Disney parks went up 6%.
Some new movies are popular, like “Moana 2” and “The Lion King.” The movie “Thunderbolts” is number one now. The people at the company think other new movies, like “Lilo & Stitch” and “Avatar,” will be popular too.
But Disney might have problems because of the trade war.
Disney's online TV services are making more money.
More people pay for Disney+. In the U.S. and Canada, 2% more people pay. In other countries, 1% more people pay (not including Disney+ HotStar).
Disney+ has more users now. It has 126 million users, not 124.6 million like before. This is a surprise. The company thought it would have fewer users.
Disney+ and Hulu have 180.7 million users. This is 2.5 million more than before.
Mike Proulx said Disney had a good time because they have good shows and movies. Their online TV is making more money now. He thinks Disney wants to make more shows in other countries. Maybe they want to be like Netflix.
Disney makes money from movies. First, people see them in cinemas. Then, people watch them on Disney+.
"Moana 2" is very popular on Disney+. Many people watched it, over 139 million hours. This is the most for a new Disney cartoon movie on Disney+ since "Encanto." The first "Moana" is watched even more. People watched it over 1.4 billion hours.
Disney's parks and other businesses made more money.
Disney works to manage its business. It also looks for a new leader after Iger.
Disney started looking for a new leader last year.
Bob Iger will work at Disney until the end of 2026.
Disney needs a new boss. They are looking at people who work there now. These people are Jimmy Pitaro, Josh D’Amaro, Alan Bergman, and Dana Walden.
Disney thinks it will make $5.75 for each share this year. This is more money than others thought. Before, Disney said it would make a little less next year.
May 9th, 2025
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