May 9th, 2025
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Disney made good money. Their parks in the US were popular. More than a million people started watching their shows online.
The company said it will make more money this year. Their shares went up a lot on Wednesday.
Disney said they will build a new theme park in Abu Dhabi. It will be their seventh park.
Disney made $3.28 billion in three months. Last year, they lost $20 million.
The company earned $1.45 for each share. This was more than people expected.
Money from sales went up by 7%.
Disney earned more money. Money from movies and TV shows increased by 9%. Money from parks increased by 6%.
Some new movies are popular, like 'Moana 2' and 'The Lion King'. The company has more new movies this year, like 'Lilo & Stitch'. The people who work there think these movies will be good.
But Disney might have problems because of the trade war started by President Trump.
Now, Disney's streaming business is getting bigger.
More people are now paying for Disney+ in the US and Canada.
More people paid to watch Disney+. The number went up a little.
Disney+ and Hulu have 180.7 million users. This is 2.5 million more than before.
Disney did well this quarter because people like their movies and shows online.
Disney makes money from movies in cinemas and on its streaming service.
"Moana 2" is very popular on Disney+. Many people watched it. It is the biggest new movie from Disney on Disney+ since "Encanto". The first "Moana" is still the most popular movie on Disney+.
Disney made more money from its parks and shops. It made 9% more money.
Disney is looking for a new boss after Iger, who was the boss for many years.
Last year, Disney started looking for a new leader. James Gorman helped them.
Iger will stay at Disney until 2026.
Disney wants to find a new person for a big job. They are looking at people who already work at Disney, like Jimmy Pitaro, Josh D’Amaro, Alan Bergman, and Dana Walden. They are also looking at people who do not work at Disney.
Disney thinks it will make $5.75 for each share this year. This is more money than people thought.
May 9th, 2025
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