Disney’s modest growth is a win as consumer wallets are strained

The news: Disney posted FYQ2 earnings Wednesday that landed above expectations. Both its streaming and experiences segments topped estimates—a sign that the entertainment giant isn’t yet feeling a major hit from Iran war-related spending shocks and that new streaming offerings are driving interest.

By the numbers:

  • Total revenues: $25.17 billion, +7% YoY
  • Entertainment segment revenues: $11.71 billion, +10% YoY
  • Experiences segment revenues: $9.48 billion, +7% YoY
  • Sports segment revenues: $4.6 billion, +2% YoY

Though Disney did not share Disney+, Hulu, or ESPN Unlimited subscriber numbers, subscription and affiliate fees jumped 14% to $7.8 billion largely due to streaming price hikes.

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