May 9th, 2025
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Disney made good money. Their parks did well. Many people joined their online shows.
The company said it will make more money this year. Its shares went up a lot on Wednesday.
Disney said it will make a new park in Abu Dhabi.
Disney made $3.28 billion from January to March. Last year, Disney lost $20 million in the same time.
The company made $1.45 for each share. People thought it would be $1.18. The company did better than people thought.
The company made 7% more money. It made $23.62 billion. This was more than they thought.
Money for Disney films and TV went up 9%. Money for Disney parks went up 6%.
Big movies now are "Moana 2" and "Mufasa: The Lion King." Their newest movie, "Thunderbolts," is number one now. The bosses said they think this year's movies will be good. These movies are "Lilo & Stitch," "The Fantastic Four: First Steps," and "Avatar: Fire and Ash."
Disney has problems because of a trade war.
Disney's TV apps like Disney+ are making more money now.
More people paid for Disney+ in the U.S. and Canada. It went up 2%. More people paid for Disney+ in other countries. It went up 1%.
More people use Disney+. Now, 126 million people pay for it. Before, it was 124.6 million. The company thought fewer people would use it.
Many people have Disney+ and Hulu. Now, 180.7 million people have them. This is 2.5 million more people than before.
Disney is doing well with its films and shows. This helps its streaming business make more money. Disney wants to make more films and shows in other countries. Maybe it wants to be like Netflix, which has many international shows.
Disney makes money two ways from films: in cinemas and on its streaming service.
"Moana 2" is very popular on Disney+. Many people watched it since March 12. 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 popular movie on Disney+. People watched it for over 1.4 billion hours.
Disney parks made more money, but parks in China made less.
Disney is good at managing its different parts. It is also looking for a new boss after Iger. Iger was the main person at Disney for many years.
Last year, Disney started to look for a new leader. James Gorman helped them.
Disney has time. Bob Iger will stay at the company until 2027.
Disney wants a new leader. Some people think it could be Jimmy Pitaro, Josh D’Amaro, Alan Bergman, or Dana Walden.
Disney thinks it will make more money this year.
May 9th, 2025
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