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Disney reports surprise uptick in streaming subscribers, beats on top and bottom lines

  • Disney reported a surprise increase in streaming subscribers and beat earnings expectations for the quarter ended March 30, 2025.
  • This growth followed strong box office performance, which provided content fueling expansion in Disney+ and Hulu subscribers domestically and internationally.
  • Disney+ had 126 million subscribers, a 1–2% increase, and combined Disney+ and Hulu subscriptions reached 180.7 million while the direct-to-consumer business posted $336 million operating income.
  • Disney’s CEO Bob Iger and CFO Hugh Johnston expressed strong optimism about the company’s 2025 film lineup, featuring titles like Lilo & Stitch and Avatar: Fire and Ash. Meanwhile, the company anticipates its full-year adjusted profits to reach $5.75 per share, surpassing the $5.43 per share expected by analysts.
  • Disney's domestic theme parks thrived despite a 23% drop in international parks' income, and the company announced a seventh theme park on Yas Island, Abu Dhabi, suggesting continued expansion amid leadership succession planning.
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CNBC broke the news in United States on Wednesday, May 7, 2025.
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