Disney, TikTok
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Disney, Mandalorian and Moana
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Disney and TikTok have penned a deal that will allow TikTok creators to bring Disney-centric vertical videos to Disney+. Disney launched its TikTok-like Verts section in the Disney+ app back in March,
The company had been seeking up to $10 million for 30 second ads for the event, which will be the first Super Bowl hosted by ESPN.
Theme parks have long been seen as a bellwether for consumer confidence. Disney’s domestic parks and cruises revenue rose 11 percent in the latest quarter.
Disney’s solid third quarter was driven by a $1 billion box office haul from “Toy Story 5” and the strong draw of U.S. theme parks that helped to offset continued weakness from international tourism.
Third-quarter revenue increased 7% to $25.2 billion, driven by growth from the company’s experiences unit.
Disney CEO Josh D'Amaro makes a case for 'Brand New Day' being a good omen for 'Doomsday' box office.
Recently installed Fubo CEO Elisa Bowen whetted Wall Street appetites for the upside of being controlled by Disney, her alma mater, during the company’s quarterly earnings call on Wednesday. “Obviously,
Disney said it had sold out all its commercial inventory tied to its coming 2027 telecast of Super Bowl LXI, showing a remarkable push to a financial touchdown that seemed in danger of being blocked just a few weeks ago.
Disney reported growth at its domestic theme parks and cruises despite mounting macroeconomic uncertainty for consumers.
Theme-park strength and Toy Story 5 are giving the House of Mouse’s beaten-down shares a much-needed boost.