May 9th, 2025
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Disney made good money from its parks and got many new people for its TV service.
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, Disney lost money.
The company made $1.45 for each share. People thought it would be $1.18. A report said this.
The company made more money. It made 7% more. The total was $23.62 billion. This was better than they thought.
Disney's movies and TV online made 9% more money. Disney's parks made 6% more money.
Some popular new movies are "Moana 2" and "Mufasa: The Lion King." The movie "Thunderbolts" is number one now. The leaders of the company think this year's movies, like "Lilo & Stitch," will be popular.
But Disney might have problems because of the trade war.
Disney's TV shows and movies online are making more money.
More people paid for Disney+ in the U.S. and Canada. The number went up by 2%. In other countries, more people also paid for it, except for Disney+ HotStar. That number went up by 1%.
More people are using Disney+ now. The number of users went up a little.
Many people have Disney+ and Hulu. 180.7 million people have them now. This is 2.5 million more than in the first three months.
Disney made more money than they thought. Many people watch Disney+ shows and movies. Disney wants to make shows for other countries. Maybe they want to be bigger than Netflix.
Disney makes money from movies and also from its streaming service.
"Moana 2" is very popular on Disney+. Many people watched it, over 139 million hours since March 12. It was the most watched Disney cartoon movie when it first came out, more than "Encanto". The first "Moana" is still the most watched movie on Disney+ with over 1.4 billion hours watched.
Disney's parks and businesses made more money. Money from US parks went up. Money from parks in other countries went down because fewer people visited the Shanghai and Hong Kong parks.
Disney needs a new leader. This person will be the new CEO after Bob Iger. Bob Iger was the CEO for almost twenty years.
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 leaders. Some people who work at Disney now might get the job. People think these people could be the new leaders: Jimmy Pitaro, Josh D’Amaro, Alan Bergman, and Dana Walden.
Disney thinks it will make $5.75 for each share. This is more money than others thought, which was $5.43.
May 9th, 2025
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