Reliance and Disney have completed their landmark Indian media merger, creating an $8.5 billion entertainment behemoth that will dominate the country’s streaming and television markets.The deal, proposed in February, brings together Disney’s Star India with Reliance-controlled Viacom18 under a joint venture that will control about 85% of India’s streaming market and roughly half of television viewership in the world’s most populous nation, according to analysts. Reliance, controlled by Asia’s richest man ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended September 28, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________. Common Stock, $0.01 par value DIS New York Stock Exchange | --- | --- | |---------------------------------------------------|---------------------- ...

FOR IMMEDIATE RELEASE Exhibit 99.1 November 14, 2024 THE WALT DISNEY COMPANY REPORTS FOURTH QUARTER AND FULL YEAR EARNINGS FOR FISCAL 2024 BURBANK, Calif. – The Walt Disney Company today reported earnings for its fourth quarter and full year ended September 28, 2024. Financial Results for the Quarter and Full Year: • Revenues increased 6% for Q4 to $22.6 billion from $21.2 billion in the prior-year quarter, and 3% for the year to $91.4 billion from $88.9 billion in the prior year. • Income before income tax ...

A statue of Walt Disney and Mickey Mouse stands in a garden in front of Cinderella's Castle at the Magic Kingdom Park at Walt Disney World on May 31, 2024, in Orlando, Florida.Disney will report its fiscal fourth-quarter earnings before the bell on Thursday, and Wall Street will be paying close attention to the state of its streaming and theme parks businesses. Investors will also be listening for any details on the search for CEO Bob Iger's successor.Here is what Wall Street expects Disney to report on Thu ...

Disney (DIS)  is a stock Wall Street will be watching closely this week with the media conglomerate set to release results for its fiscal fourth quarter on Thursday, November 14.With Disney shares up a respectable +13% year to date, investors may be wondering if there is more upside ahead as earnings approach. Disney’s Q4 Expectations Disney’s Q4 sales are expected at $22.59 billion, a 6% increase from $21.24 billion in the comparative quarter. More intriguing, Disney’s cost-saving initiatives appear to be ...

Disney is counting on incoming board chairman James Gorman to deliver an ironclad system to identify the best possible successor for CEO Bob Iger. Given Gorman's track record, some board members are hoping he'll lead the company to name a successor sooner than the early-2026 deadline that it's announced, people familiar with the matter tell CNBC.Disney announced last month that Gorman will take over as board chairman from Mark Parker, who is also Nike's executive chairman, effective in January. With that an ...

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Embattled media giant Disney is expanding its search for Bob Iger’s successor beyond the the walls of the Magic Kingdom, according to a new report. The Mouse House had been mulling a handful of internal candidates, but is now working with recruiters from search firm Heidrick & Struggles to conduct its review of external contenders for the top job, The Wall Street Journal reported Tuesday.One possible successor from the outside is Electronic Arts CEO Andrew Wilson, a name that has been consistently floated i ...

Disney‘s process to identify CEO Bob Iger‘s successor will officially include external candidates as well as four current executives. The Wall Street Journal reported Tuesday morning on the deliberations extending to outsized candidates. One particular outsider, Electronic Arts CEO Andrew Wilson, was called out in the Journal report and pictured prominently in a photo. When asked by Deadline if that treatment reflected Wilson’s status as a leading candidate in the derby, a Disney rep declined to comment. M ...

Walt Disney will take to the earnings confessional before the open on Thursday, Nov. 14Walt Disney Co (NYSE:DIS) will report fiscal fourth-quarter earnings before the market opens on Thursday, Nov. 14. Analysts expect revenue to total $22.59 billion -- a roughly 6.4% year-over-year increase -- while the earnings estimate of $1.09 per share would point to a 32.9% year-over-year rise.Stepping back, DIS settled lower the day after earnings in five of the past eight quarters, including a 9.5% drop in May and 4. ...