The Walt Disney Company


Disney breaks out D2C numbers, looks at international Hulu launches

Disney broke out its revenues and operating loss for direct-to-consumer and international activities as a separate line for the first time in its Q1 results, posting revenues of US$918 million (€806 million), down 1%, and an operating loss of US$136 million, up from loss of US$42 million, for the unit. The company said that revenues […]

Disney breaks out direct-to-consumer numbers, reveals Hulu loss

Disney has broken out its financial results for direct-to-consumer and international activities for the first time as it prepares for the launch of its Disney+ streaming service. DTC activities on their own – principally Hulu – turned in revenue of US$1.494 billion (€1.314 billion) in 2018, up 22%, but operating losses also increased from US$96 […]

Altice Portugal launches Disney-branded pop-up channel

Altice Portugal/Meo has added an exclusive Disney-branded pop-up channel to its line of TV services. Meo launched Disney Channel Forever to its schedule on Friday. The channel is set to run until September 17 and will be available free of charge to all Meo customers over ADSL, fibre, satellite and also the Meo Go multiscreen […]

Fox sees broadcast TV bounce back in final quarter

21st Century Fox demonstrated greater resilience of broadcast TV in the three months to June, auguring well for its post-Disney sale future, with solid growth in its television segment from US$1 billion (€0.9 billion) last year to US$1.14 billion for the last quarter, boosted by higher retransmission revenue and advertising revenue from the FIFA World […]

Iger unveils plans for ‘Disney Play’ streaming service

Disney is “on track” to launch its Disney-branded streaming service late next year, with “numerous original projects currently in various stages of development and production”, according to CEO Bog Iger. Speaking to analysts after the company reported less-than-stellar Q3 results, Iger said that Disney will “continue to move full steam ahead with our direct-to-consumer strategy”, […]

ESPN+ launches with 30-day free trial

Disney’s new ESPN+ direct-to-consumer offering and new ESPN app have now gone live, with sponsorship from America Express and Audi respectively. ESPN+ is available for a seven-day free trial in the US, followed by a subscription fee of US$4.99 a month or US$49.99 for a full year. The service is also available for an extended […]

Rice: Disney/Fox acquisition to close by summer 2019

Peter Rice, president of 21st Century Fox, has told staff that the merger between Fox and Disney is set to be complete for Spring or Summer 2019. During a round of town hall meetings, the executive spoke to staffers offering reassurance and an update on the process, according to Deadline, which first reported the story. The deal […]

Macquarie outlines scenarios for Sky, Comcast, Disney and Fox

Analysts at infrastructure investment group Macquarie have outlined four scenarios for Sky following Comcast’s announcement that it would bit for Sky, and upgraded its target on Sky to 1450p a share and suggesting that one scenario could place a value of close to US$100 billion on a deal. The analysts said that Comcast could bid […]

Disney creates new global division ahead of streaming service launch

The Walt Disney Company has restructured to create a worldwide division that will house international operations and its upcoming streaming services. Disney senior executive VP and chief strategy officer Kevin Mayer has been named at the chairman of the new unit, Disney direct-to-consumer and international. The division will house Disney’s upcoming branded SVOD service, its […]

Sky to add Netflix to new pay TV pack

Sky is to bundle subscription video-on-demand service Netflix as part of a new Sky pay TV subscription package in Europe. Customers with Sky’s next-generation, Ultra HD Sky Q box will be able to access the service for the first time. Netflix will launch along with the new subscription pack in the UK and Ireland in […]

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