May 9th, 2025
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Disney made good money from its parks and got many new people for its online shows.
The company said it will make more money this year. Its shares went up a lot.
Disney said it will build a new park in Abu Dhabi.
Disney made $3.28 billion. Last year, it lost $20 million.
The company made $1.45 for each share. This was more money than people thought.
Money went up 7% to $23.62 billion. This was more than people thought.
Money for Disney movies and TV shows went up 9%. Money for Disney parks went up 6%.
New films that did well are "Moana 2" and "Mufasa: The Lion King." The newest film, "Thunderbolts," is number one now. The boss, Bob Iger, and the money man, Hugh Johnston, said they think this year's films will be good. These films are "Lilo & Stitch," "The Fantastic Four: First Steps," and "Avatar: Fire and Ash."
Disney might have problems because of the trade war.
Disney's TV channels are making more money now.
More people started paying for Disney+ in the U.S. and Canada.
More people paid for Disney+. There were 126 million paying users. Before, Disney thought the number would go down.
Many people have Disney+ and Hulu. Now, 180.7 million people have them. This is 2.5 million more people than three months ago.
Disney had good shows and movies. This helped them make more money than they thought. Their online movie service is getting better. Mike Proulx said Disney might make more shows in other countries. This could be because they want to be like Netflix. Netflix has many shows from other countries.
Disney makes money two ways: from movie tickets and from showing the movies online.
"Moana 2" is very popular on Disney+. People watched it for over 139 million hours. This is the most for a Disney movie on Disney+ since "Encanto." The first "Moana" is watched even more, with over 1.4 billion hours.
Disney's parks and other businesses made more money. Parks in the US made a lot more money. But parks in other countries made less money. This was because not many people visited the parks in Shanghai and Hong Kong.
Disney is looking for a new leader for the company.
Disney started a plan last year to find a new boss.
Iger will work at Disney until 2026.
Disney is looking for a new boss. Some people inside Disney might get the job. Like Jimmy Pitaro from ESPN, Josh D’Amaro from the parks, and Alan Bergman and Dana Walden from Disney Entertainment. Some people outside Disney might get the job too.
Disney thinks it will make more money this year than before.
May 9th, 2025
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