
Bayern Munich 2025/26 Season Preview: Challenges Ahead for Kompany's New-Look Side
Section: Arts
Disney continues to thrive in its streaming and theme park sectors, but its once-reliable cable television business in the United States is proving to be a significant drawback. In its latest quarterly report, Disney announced a modest revenue increase of 2%, totaling $23.65 billion (approximately EUR20.4 billion), which fell short of analysts' expectations. Following this announcement, Disney's stock saw a decline of over 2% in pre-market trading.
On a positive note, Disney has raised its forecast for operational earnings in the streaming segment for the current fiscal year, which ends in September, from $1 billion to $1.3 billion. Initially, the company was willing to absorb significant losses as it built its streaming service, Disney+, which now boasts approximately 127.8 million subscribers--an increase of 1.8 million in just three months.
In contrast, the revenue generated from Disney's cable television operations has experienced a steep decline, dropping by 15% year-over-year to $2.27 billion. This segment, once a stable source of income, has struggled as more American households transition away from expensive cable subscriptions in favor of streaming alternatives. In response to this shift, Disney is set to launch a new sports streaming service under its ESPN brand at the end of August.
Despite the challenges in the cable sector, Disney reported a significant increase in overall profit, doubling to $5.26 billion compared to the previous year, primarily due to a tax credit. This positive financial outcome underscores the resilience of Disney's streaming and theme park operations, which continue to draw in substantial revenue even as traditional cable television wanes.
As the landscape of entertainment continues to evolve, Disney's strategies to embrace streaming and enhance its theme park offerings may prove crucial for its future growth. The company's ability to adapt to changing consumer preferences will likely determine its long-term success in a competitive market.
Section: Arts
Section: Arts
Section: News
Section: Arts
Section: Arts
Section: Arts
Section: News
Section: Arts
Section: Business
Section: Arts
Health Insurance in Germany is compulsory and sometimes complicated, not to mention expensive. As an expat, you are required to navigate this landscape within weeks of arriving, so check our FAQ on PKV. For our guide on resources and access to agents who can give you a competitive quote, try our PKV Cost comparison tool.
Germany is famous for its medical expertise and extensive number of hospitals and clinics. See this comprehensive directory of hospitals and clinics across the country, complete with links to their websites, addresses, contact info, and specializations/services.
The couple Eva-Maria and Berthold Schneider has enthusiastically and expertly built an exquisite collection of Greek vases and other works of ancient small art over the years. Personal preferences often played a role in the acquisition of pieces. For instance, a rare oil vessel dating back to around...
No comments yet. Be the first to comment!