Disney projects entertainment direct-to-consumer operating income will increase by about $875 million next year over fiscal year 2024.

The streaming profit and studio are bright spots, while income from cable and theme parks declines.

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.

Revenue for Disney's entertainment segment – which includes the traditional TV networks, direct-to-consumer streaming and films – increased 14% year over year.

Disney’s profits have beaten Wall Street’s expectations, bolstered by strong results from its streaming service and box office success with Inside

Investing.com - Walt Disney (NYSE:DIS) has reported better-than-anticipated income and revenue in the fourth quarter, boosting shares in the media giant in premarket trading on Thursday. The company was bolstered in particular by strength at