Disney Reports Better-Than-Expected Fiscal First-Quarter Earnings
Disney exceeds earnings expectations, cuts costs, and plans strategic investments in Fortnite studio Epic Games and ESPN streaming service. Despite a decrease in Disney+ core subscribers, the company’s average revenue per user rose due to subscription cost hikes. Disney’s shares surged 7% in extended trading, showcasing progress in cost-cutting and strategic investments.
Disney Announces Slate of Nominees for 2024 Annual Shareholders Meeting
The Walt Disney Company has announced its slate of 12 nominees for election at the 2024 Annual Meeting of Shareholders. The Board of Directors has recommended shareholders to vote for the following nominees: Mary T. Barra, Safra A. Catz, Amy…