Media and EntertainmentMedia and Entertainment
Wed, February 5, 2025

Disney Earnings Boosted by 'Moana 2,' Disney+ Loses 700,000 Subscribers as Streaming Business Swings to Another Profit


Published on 2025-02-05 07:04:17 - Variety
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  • "Moana 2" and another profitable quarter for Disney+ and Hulu helped Disney beat forecasts for revenue and earnings for the December 2024 quarter.

The article from Variety discusses Disney's recent earnings report and strategic announcements. Disney+ has seen a significant increase in subscribers, reaching 150.2 million, driven by the success of shows like "The Mandalorian" and the upcoming release of "Moana 2." Disney CEO Bob Iger highlighted the company's focus on profitability, with Disney+ expected to turn a profit by the end of fiscal 2025. The article also mentions Disney's plans to integrate Hulu content into Disney+ for a more seamless streaming experience, aiming to enhance user retention and ad revenue. Additionally, Disney is exploring new content avenues, including sequels and spin-offs, to leverage its popular franchises. The earnings report also touched on Disney's theme parks, which continue to perform well, and the company's efforts to manage costs while investing in high-quality content.

Read the Full Variety Article at:
[ https://variety.com/2025/tv/news/disney-plus-subscribers-earnings-moana-2-streaming-profit-1236297514/ ]