🎥 From the Taylor Swift Eras Tour on Disney Plus, to ESPN’s media rights deal with the NBA, look for streaming to keep the momentum rolling in $DIS, says @JessInskip_:
Q3 Earnings Analysis from @thewrap Pro: #Disney Takes Top Position in Race to Make Streaming Work https://t.co/sThfofHdIa
Disney Takes Top Position in Race to Make Streaming Work | Earnings Analysis https://t.co/dZuOKesNwo

Disney ends a pivotal year with strong Q4 results, reporting a 6% increase in revenue. The company's streaming services, including Disney+, Hulu, and ESPN+, have shown significant growth, with Disney+ reaching 120 million core subscribers and a total of 174 million across Disney+ and Hulu. CEO stated that Disney is targeting $1 billion in streaming profit for fiscal 2025, having already earned $321 million from its online video arm in the final months of the fiscal year. This marks the second consecutive quarter of profitability for the streaming unit. Disney's success in streaming, driven by blockbuster films, is positioning it as a leader in the industry.