Exclusive: Universal is in the early planning stages for a new theme park in Saudi Arabia, setting up a potential rivalry with Disney in the booming Middle East market https://t.co/V06z4xB0G3 ...

Core Insights - Disney's fourth-quarter performance was mixed, with weaker results from television networks and some films offset by strong performance in streaming and theme parks [1] Financial Performance - The company earned $1.31 billion, or 73 cents per share, for the three months ended September 25, compared to $460 million, or 25 cents per share, in the prior-year period [2] - Adjusted earnings were $1.11 per share, exceeding analysts' expectations of $1.03 per share [2] - Revenue totaled $22.46 billion, falling short of Wall Street's estimate of $22.86 billion [2] Segment Performance - Revenue for Disney Entertainment, which includes movie studios and streaming, dropped 6%, while the Experiences division, which includes parks, saw a 6% increase [3] - Operating income from linear networks fell 21%, with revenue down 16%, primarily due to the Star India transaction [4] - The domestic linear networks' operating income decreased by 7% due to lower advertising revenue from declining viewership and political advertising [4] Movie and Streaming Performance - Movie distribution results were weaker compared to the previous year, which benefited from hits like "Deadpool & Wolverine" [5] - The direct-to-consumer business, including Disney+ and Hulu, reported quarterly operating income of $352 million, up from $253 million a year ago, with an 8% revenue increase [5] - Disney+ saw a 3% increase in domestic paid subscribers and a 4% rise internationally, totaling 132 million subscribers, up from 128 million in the previous quarter [6] Subscription Trends - Total subscriptions for Disney+ and Hulu reached 196 million, an increase of 12.4 million from the third quarter [6] - Despite strong streaming results, subscription cancellations for Disney+ and Hulu rose in September following the brief cancellation of "Jimmy Kimmel Live!" on ABC [7]

RT Orangie (@orangie)I lowkey wanna go to @mrbeast theme park on opening daynext week Saudi Arabiabut I gotta be in New York by FridayWondering if I can pull it off ...

Two things I love coming together: Liverpool and Theme Park. From map to graphic - Nano-Banana is 🔥. Going to have to make a new isometric game, can't resist... https://t.co/gNfmKFDNtt ...