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Disney Shifts Consumer Products to Studios as Streaming Profits Grow

1 min read
Source: Variety
Disney Shifts Consumer Products to Studios as Streaming Profits Grow
Photo: Variety
TL;DR Summary

Disney posted a strong June quarter with streaming revenue and profits rising, and CEO Josh D’Amaro announced a strategic shift moving most consumer-products revenue from Disney Experiences to Disney Entertainment’s studios starting fiscal 2027; Toy Story 5 boosted both box office and streaming engagement, ESPN performed well, and AI initiatives were outlined for the parks alongside a TikTok deal to create Shorts tied to Marvel, Pixar, Star Wars and other properties. Net income was $2.63B on $25.2B in revenue, with total segment operating income up 21% to $5.6B and plans for continued cost cuts and higher share buybacks.

Topics:entertainment#business#consumer-products#disney#streaming#studios#toy-story-5
Share this article
  1. Disney Streaming Profit Doubles in June Quarter, Company Shifting Consumer Products to Studios Division  Variety
  2. Disney Overhauls Streaming Services to Jumpstart Subscriber Growth  Bloomberg.com
  3. Disney Consumer Products Division Moves Under Company's Studios Umbrella  Deadline
  4. Disney Moves Consumer Products to Studios  License Global
  5. Disney Plus is about to go beyond streaming.  The Verge

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