09-May-2025
Corporate News
 
Disney earnings soar on resilient streaming growth, US parks revenue
08-May-2025

In an earnings quarter teeming with uncertainty around tariffs, Walt Disney's quarterly results are looking like the happiest place on earth. The media giant exceeded expectations in its most recent quarter, bolstered by an unexpected boost in its Disney+ streaming business and strong results from its theme parks that suggested consumer resilience despite a turbulent global economic environment. "Despite questions around any macroeconomic uncertainty or the impact of competition, I'm encouraged by the strength and resilience of our business," Disney CEO Bob Iger said.

News Source:- https://www.business-standard.com/world-news/disney-earnings-soar-on-resilient-streaming-growth-us-parks-revenue-125050701592_1.html