Disney earnings top expectations as streaming, parks offset TV headwinds
UNITED STATES, AUG 6 – Investors anticipate earnings from McDonald's, Uber, and Walt Disney as AI-driven companies report strong results, supporting optimism in U.S. stock futures, which rose Wednesday.
- Walt Disney Co. reported $23.7 billion in revenue and $4.6 billion in operating income for the quarter ending June 28, 2025.
- The results showed continued increases in streaming subscribers and robust attendance at theme parks, despite difficulties faced by linear networks and underwhelming theatrical box office performances.
- Disney's streaming segment reported a 6% increase in revenue, reaching $6.2 billion, along with an operating profit of $346 million, while revenue from linear networks declined 15% to $2.3 billion, primarily due to the restructuring related to Star India.
- Disney+ and Hulu combined subscriptions reached 183 million, and CEO Bob Iger said, "We're not done building" and expressed excitement about the company's future and strategic priorities.
- The earnings indicate Disney's business mix continues shifting toward streaming and experiences, with implications that ongoing restructuring and theatrical softness weigh on traditional segments.
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