Disney Gains Surprise 1.4 Million Disney+ Subscribers as Streaming Profit Surges, CEO Iger Says ‘We Remain Optimistic’ About Fiscal 2025 Outlook
Operating profit in Disney’s streaming business jumped for the first three months of 2025, as Disney+ unexpectedly added 1.4 million subscribers in the quarter. Despite gathering economic storm clouds, chief Bob Iger said the Mouse House remains “optimistic” about its current fiscal year guidance.
Overall, the company reported $23.62 billion in revenue, up 7%, for the quarter ended March 29 (Disney’s fiscal Q2 2025). Disney posted net income of $3.28 billion versus a net loss of $20 million in the year-ago period, which translated to adjusted earnings per share of $1.41 (up 20%). The results — fueled by the higher streaming profit, domestic theme parks and home video sales...
Overall, the company reported $23.62 billion in revenue, up 7%, for the quarter ended March 29 (Disney’s fiscal Q2 2025). Disney posted net income of $3.28 billion versus a net loss of $20 million in the year-ago period, which translated to adjusted earnings per share of $1.41 (up 20%). The results — fueled by the higher streaming profit, domestic theme parks and home video sales...
- 5/7/2025
- by Todd Spangler
- Variety - TV News
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