"Disney's Winning Streak: Strong Earnings, Taylor Swift Collaboration, and Streaming Sports Risk"
TL;DR
Disney's stock price surged 11.5% following a strong quarterly report, with revenue flat at $23.5 billion but growth in direct-to-consumer streaming and experiences segments. Adjusted earnings per share rose, and the company aims to be profitable in streaming by September. CEO Bob Iger announced a dividend raise, a partnership with Epic Games, and the exclusive streaming of Taylor Swift's concert film. Disney is making moves to strengthen its product offerings and expand its streaming business, with potential for substantial growth in the future.
- Disney Finally Has Good News. Will the Stock Keep Gaining? Yahoo Finance
- Bob Iger is all in on streaming live sports — here's why that's risky for Disney Yahoo Finance
- 3 Things Walt Disney Needs to Fix -- and Fast The Motley Fool
- Taylor Swift and Disney team up for The Eras Tour and Netflix is left 'pining' Marca.com
- Disney Adds to Its Defenses With Strong Earnings — and Taylor Swift The New York Times
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