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Disney reported a 5% revenue increase for Q1 2025, totaling $24.7 billion, as CEO Bob Iger expressed optimism regarding the company's streaming strategy. During an earnings call, Iger highlighted the upcoming 'Flagship' streaming platform, which aims to enhance ESPN's offerings and is described as 'a sports fan’s dream.' However, Disney has also lowered its content spending estimate for FY 2025 by $1 billion to approximately $23 billion, down from $23.4 billion in FY 2024. The adjustments reflect broader trends in the industry following a decline in streaming growth.
Disney Q1 2025 Earnings Call: Summary & Analysis https://t.co/ApWDo6NFTc
Simple way to understand what has happened to Hollywood since the streaming bubble popped In 2021, Disney/Chapek said total content spend in 2022 would be $33B, including originals + licenses, with sports (https://t.co/sh9kbI2Myn) In 2025, Disney/Iger says they'll spend $23B…
Filing: Disney lowers its content spending estimate, including for sports rights, for FY 2025 by $1B to ~$23B; for FY 2024, Disney's content spend was $23.4B (@erik_hayden / The Hollywood Reporter) https://t.co/QvP6YsjLEe https://t.co/etC7gv5g3J