Latest in Earnings

Disney CEO Bob Iger has changed strategic course on Hulu, revealing that “cordial” and “constructive” discussions have started with Comcast about Disney acquiring its one-third stake in the streaming service. “I mentioned on the first earnings call that I did [in February] when I came back that…

"Does the state want us to invest more, employ more and pay more taxes or not?" Disney CEO Bob Iger rhetorically asked today of the on-going attacks on the Mouse House by Florida Governor Ron DeSantis. "There’s .. a false narrative that we’ve been fighting to protect tax breaks as part of this,' the…

Disney Parks & Experiences generated the bulk of parent profits and about a third of total revenue last quarter with a noteworthy swing in international from Hong Kong to Shanghai to Paris. Total sales at the divison called Disney Parks, Experiences and Products jumped 17% to $7.8 billion, the…

The Walt Disney Co. reduced losses in its streaming business by 26% (about $200 million) in its fiscal second quarter as the company’s overall results matched Wall Street expectations. The streaming story included some mixed indicators, however. Flagship service Disney+ had its second straight…

As the Writers Guild of America strike moves into its second week, the chief executive of Endeavor, Ari Emanuel, said, "We completely support our clients in this situation. There are real issues that have to be addressed. We support our clients as they navigate these.” Talking with Wall Street…

Smart-TV maker Vizio reported better-than-expected results for the first quarter but still saw total revenue slump 27% as consumers cut spending in a time of ongoing inflation and economic worries. The company reported break-even results on the bottom line, which surpassed Wall Street analysts…

Endeavor will start making quarterly cash dividend payments of up to $25 million starting in the third quarter, is planning to repurchase up to $300 million worth of shares, and will pay down $50 million more in debt as sees its cash position improving with a big asset sale, and ahead of the planned…

Nexstar CEO Perry Sook says the Hollywood community has “responded” to the company’s overhaul of The CW, and sports rights conversations have been “steady” since the company started airing LIV Golf this year. “They’re talking to everybody in Hollywood,” Sook said of CW chief Dennis Miller and…

No one was expecting an apology and in fact Fox CEO Lachlan Murdoch applauded "the highest journalistic standards" displayed at Fox News, saying the near $800 million settlement with Dominion Voting Systems was a business decision made to resolve the dispute and "avoid the acrimony of multi-year…

Kristin Dolan, who took over earlier this year as CEO of AMC Networks, said the company is “very well positioned” to manage through the WGA strike. Speaking on the company’s first-quarter earnings call, Dolan said AMC Networks is in good shape “through this year and into next year, so we have no real…

AMC Networks posted first-quarter earnings well ahead of Wall Street estimates, boosting shares in pre-market trading. The parent company of cable networks AMC and IFC and streaming services AcornTV and Shudder had earnings per share of $2.36, down a tick from the $2.38 reported in the year-ago…

Warner Bros Discovery’s hour-long earnings call with Wall Street analysts Friday morning included nary a mention of the WGA strike, unlike many other such calls in recent days. But the company’s CEO told CNBC’s Squawk Box in an appearance prior to the call what he believes will bring the impasse to…