From Time Inc.:

Disney CEO Bob Iger seeks to lead in streaming, with Q1 FY24 earnings of $23.5B. Earnings per share projected to increase by 20%, spiking stock price 6%. New joint venture with ESPN, Fox, and Warner Bros Discovery announced, offering bundled sports content. Despite tough year, Disney aims for combined streaming platform profitability by 2024.

Disney CEO Bob Iger aims for Disney to lead in streaming, with positive Q1 FY24 earnings and profits. Stock price spiked by 6% driven by major increase in earnings per share (EPS). New bundled joint venture with ESPN, Fox, and Warner Bros Discovery offers sports fans accessible content options. Disney aims for profitability by 2024 for streaming platforms.



Read more: Disney: Bob Iger’s ESPN launch with Fox and Warner Bros. Discovery wins Wall Street