Yahoo Movies 
Stories for you
- BusinessIndiewire
Disney Almost Broke Even from Streaming
From January-March 2024, Disney lost $18 million at its direct-to-consumer business while adding 6.3 million subscribers to Disney+.
2-min read - BusinessDeadline
Strike Averted! Writers Guild Of Canada & Canadian Media Producers Association Reach Agreement
There won’t be a strike in Canada after all. The Writers Guild of Canada (WGC) and the Canadian Media Producers Association (CMPA) have reached an agreement in principle on terms for a new Independent Production Agreement (IPA). The pair jointly announced they had succession concluded negotiations and reached terms on a three-year IPA. The agreement, …
2-min read - BusinessThe Wrap
Disney Nears Streaming Profitability, Narrows Loss to $18 Million in Q2
When excluding ESPN+, the entertainment DTC business posted a net profit of $47 million The post Disney Nears Streaming Profitability, Narrows Loss to $18 Million in Q2 appeared first on TheWrap.
4-min read - EntertainmentThe Hollywood Reporter
Taylor Swift’s Feud With Scooter Braun to Be Featured in New Season of ‘vs’ on Discovery+ U.K.
Taylor Swift’s feud with top music producer Scooter Braun is set to be featured in Warner Bros. Discovery U.K. & Ireland’s latest season of its popular docu series vs on Discovery+. Taylor Swift vs Scooter Braun: Bad Blood will explore the public and “gripping” quarrel between the pop superstar and the industry mogul, taking a …
2-min read - BusinessThe Hollywood Reporter
Disney Streaming Comes Close to Profitability in Latest Quarter, Disney+ Subscribers Surge
Disney is on the precipice of the entertainment industry’s white whale: Profitability in streaming. The company reported its fiscal Q2 earnings early Tuesday morning, disclosing that its combined direct-to-consumer businesses of Disney+, Hulu and ESPN+ lost only $18 million last quarter, on revenues of $6.2 billion, and that when ESPN+ is removed from that equation, …
2-min read - BusinessDeadline
Disney Posts Better-Than-Expected Quarterly Results, Nears Streaming Profitability Goal
Disney topped Wall Street forecasts for its fiscal second quarter and inched closer to the long-awaited milestone of streaming profitability. Revenue for the quarter ended March 30 increased to $22.1 billion from $21.8 billion in the year-earlier period. Excluding items, diluted earnings per share for the quarter increased to $1.21 from 93 cents. Analysts had …
3-min read - LifestyleThe Hollywood Reporter
Sylvester Stallone to Auction $6M Watch Collection
Sylvester Stallone is set to part with some of his beloved watches, with the Rocky star auctioning 11 luxury timepieces from his collection at Sotheby’s New York on June 5. Included in the sale is an extremely rare Patek Philippe Grandmaster Chime, seen by enthusiasts and collectors as one of the most complicated wristwatches in …
4-min read
