‘Inside Out 2’ Lifts Disney Quarterly Earnings, Overall Streaming Biz Swings to Profit Amid Light Disney+ Subscriber Gain

Category: Business

Disney reported a strong quarterly performance with total revenue increasing to $23.16 billion, driven by the success of 'Inside Out 2', which became the highest-grossing animated film. However, domestic theme park profits declined by 6%, and the TV business continued to struggle. The company expects improvements in streaming profitability and modest growth in Disney+ subscribers in the upcoming quarter.

Keywords: Disney, quarterly results, Inside Out 2

Source: Variety

Update At: 8/7/2024

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