The results show that a turnaround started by Iger was paying off. Since he returned, Disney has cut back on original content for its streaming service after a spending spree under predecessor Bob Chapek that led to streaming quarterly losses of $1.5 billion in November 2022.

Old Hollywood is finally doing what Netflix Inc. has been doing for over a decade: making money from streaming.

Disney on Thursday reported fourth-quarter adjusted profits that surpassed Wall Street's expectations. Driven by strong performances from its entertainment division and streaming services, these results highlight the company's successful strategy in capitalizing on high-demand content and digital offerings.

Disney CEO Bob Iger, previously a vocal Trump critic, has been quiet on the election, but the company still faces legal and political risks.

Disney CEO Bob Iger adopted a trading plan to exercise options granted 10 years ago, currently worth more than $40 million. According to Disney’s 10-K filing Thursday with the SEC, on Aug. 14, Iger adopted a trading plan that provides for the potential exercise of 372,

On Thursday, Disney CEO Bob Iger messed up during his company’s fiscal Q4 earnings conference call. Fortunately, what Iger said on a hot mic was not nearly as bad as it could have been — but it did highlight the secrecy of some information he gave out moments earlier.

Walt Disney reported earnings that topped Wall Street's estimates on Thursday, propelled by blockbuster ticket sales from the rude and irreverent summer Marvel film "Deadpool & Wolverine," and provided an upbeat forecast for the coming year.

Deadpool & Wolverine,” one of the year’s biggest movies, is now streaming exclusively on Disney+. The streaming news was revealed in a sizzle reel posted by Marvel last month revealing its TV slate for next year,