Disney CFO: I wouldn't change anything about our portfolio
Hugh Johnston, Disney CFO, joins CNBC's 'Squawk Box' to discuss the company's most recent earnings report. Former Democrat Tulsi Gabbard is Trump's pick for director of national intelligence
Disney doesn't plan to change its TV networks portfolio anytime soon
Disney CFO Hugh Johnston told CNBC on Thursday the company doesn't plan to change its TV network portfolio anytime soon. The comments come more than a year after CEO Bob Iger opened the door to selling Disney's linear TV assets, and weeks after Comcast ...
Disney CFO: We are sticking with the TV business
The financial performance of Disney's entertainment business stole the show, no pun intended. Its sales surged 14% on the back of strong performance from Inside Out 2 and Deadpool & Wolverine. Operating profits hit $1.1 billion, up from $236 million a year ago.
Bloomberg Businessweek: Disney Earnings
Carol Massar and Tim Stenovec bring together the latest news from the world of business and finance and the interesting stories.
Disney’s streaming business is finally finding its footing
The entertainment giant’s streaming services turned a profit as 60 percent of new subscribers are picking Disney Plus’ ad-supported plan.
Disney's streaming business is hitting its stride
The House of Mouse on Thursday released mixed fourth fiscal quarter results, with growth being driven primarily by its streaming business. The company’s traditional TV division continued to struggle.
Disney’s Streaming Business Finally Finds Its Rhythm
As it searches for CEO Bob Iger’s successor, Disney’s streaming wins have done a lot to lift its profits—and its spirits.
Disney CFO says Epic Universe's opening could boost attendance at Disney's Florida theme parks
Epic Universe's arrival in Orlando could benefit its competitor, Walt Disney World, the company's CFO Hugh Johnston said ...
Bob Iger Has Hot-Mic Moment On Disney Earnings Call: “I Don’t Know If I Was Supposed To Disclose Those AVOD Numbers”
Disney CEO Bob Iger had a "hot mic" moment on the company's fiscal fourth quarter earnings call Thursday morning, questioning ...
‘Deadpool & Wolverine’ helps push Disney past Wall Street estimates: ‘Well positioned for growth’
We’ve emerged from a period of considerable challenges and disruption,” Iger told investors. “We’re well positioned for ...
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Very happy about the deal with Reliance: Walt Disney CFO Hugh Johnston
Senior Executive Vice President and CFO of Walt Disney, Hugh Johnston, was speaking during the Disney earnings call on ...
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Bob Iger Slams The Brakes On New M&A Amid Comcast's Cable Spinoff: Disney Doesn't 'Really Need More Assets' To Compete
Disney’s senior executive vice president and CFO, Hugh Johnston, also rejected the idea of divestitures, stating that he ...
Bob Iger Accidentally Reveals Disney’s Ad-Supported Streaming Subscriber Numbers
Bob Iger wasn't supposed to reveal Disney's ad-supported streaming numbers on Thursday's earnings call, but he did.
Disney earnings offer hope that streaming can successfully supplant linear TV
Disney projects entertainment direct-to-consumer operating income will increase by about $875 million next year over fiscal ...
Disney+ to Add Free ESPN Streaming Content Starting in December
Disney+ will add an ESPN 'tile' on Dec. 4, and the company will offer some live sports and other ESPN shows for no extra cost ...