Posted inAmusement and Theme Parks Company Reports Consumer Behavior Prices (Fares, Fees and Rates) United States Economy Walt Disney Company
The Big Number: $8.4 Billion
Disney’s weaker-than-expected revenue at its theme park unit.
Posted inCable Television CNN Company Reports National Basketball Assn Prices (Fares, Fees and Rates) Television Warner Bros Discovery
Warner Bros. Discovery Takes $9 Billion Write-Down on Cable Networks
David Zaslav, the company’s chief executive, said the accounting change was an acknowledgment of the pressures facing traditional media.
Posted inAdvertising and Marketing Athletic Media Co Company Reports Kopit Levien, Meredith New York Times News and News Media Newspapers
New York Times Reports 13.6% Jump in Profit
The publisher added about 300,000 digital subscribers in the latest quarter, and now has more than 10.8 million subscribers.
Posted inAmusement and Theme Parks Company Reports DAmaro, Josh Disney Cruise Line Iger, Robert A Peltz, Nelson Walt Disney Company
Disney Parks Struggle, Exposing New Trouble Spot
Companywide profit increased, the result of hit movies and streaming growth. But Disney said softening theme park demand “could impact the next few quarters.”