Walt Disney - DIS STOCK NEWS

Disney (NYSE: DIS) has announced plans to webcast its upcoming annual meeting of shareholders, scheduled for March 20, 2025, at 1:00 p.m. ET / 10:00 a.m. PT. The event will be accessible to viewers through the company's investor relations website at www.disney.com/investors.

The webcast will feature management presentations about the company's operations and will be archived for future viewing. The company notes that the presentation may contain forward-looking statements. Interested parties can contact Investor Relations through Carlos Gómez or Corporate Communications via David Jefferson for additional information.

Disney Advertising orchestrated a groundbreaking advertising campaign during the 97th Oscars®, featuring five major brands: Carnival Cruise Line, Kiehl's, L'Oréal Paris, MNTN, and Samsung Galaxy. The campaign showcased six high-adrenaline commercials celebrating Hollywood's stunt community, featuring over 75 real-life stunt performers.

The initiative, led by renowned stunt coordinator Chris Denison, included various stunts from skydiving and high falls to fight scenes and glass window crashes. Each brand integrated their products into action-packed scenarios: Samsung demonstrated Galaxy features, Carnival celebrated service excellence, Kiehl's showcased product endurance, L'Oréal tested makeup durability, and MNTN displayed TV advertising innovation.

The campaign aimed to spotlight typically unrecognized stunt performers, allowing them to appear as themselves rather than unnamed doubles. The advertisements aired throughout the Oscars broadcast on ABC and Hulu, with content available on The Oscars YouTube and Disney Advertising Instagram.

Disney Entertainment Co-Chairman Dana Walden is scheduled to participate in a Q&A session at the Morgan Stanley Technology, Media, and Telecom Conference on March 4, 2025 at 6:20 p.m. ET/ 3:20 p.m. PT.

The session will be available via live stream on www.disney.com/investors, where a recording will also be archived for later viewing.

Disney (DIS) reported strong Q1 fiscal 2025 results with revenues increasing 5% to $24.7 billion. The company's diluted EPS rose 35% to $1.40, while adjusted EPS grew 44% to $1.76. Total segment operating income increased 31% to $5.1 billion.

Entertainment segment operating income grew by $0.8 billion to $1.7 billion, with Direct-to-Consumer achieving profitability of $293 million. Disney+ and Hulu reached 178 million total subscriptions, though Disney+ subscribers decreased by 0.7 million. Sports segment operating income improved by $350 million to $247 million, with domestic ESPN advertising revenue up 15%.

The Experiences segment maintained $3.1 billion operating income despite impacts from Hurricanes Milton and Helene ($120 million) and cruise pre-opening expenses ($75 million). The company projects high-single digit adjusted EPS growth for fiscal 2025 and expects approximately $15 billion in cash from operations.

Disney Experiences announced key leadership changes as part of its global expansion plans. Ken Potrock, a 30-year Disney veteran, will become President of Major Events Integration, focusing on maximizing large-scale events including the 2028 LA Olympics. Thomas Mazloum has been appointed President of Disneyland Resort, overseeing 36,000 Cast Members and operations following the DisneylandForward approval.

Joe Schott becomes President of Disney Signature Experiences, managing Disney Cruise Line, Disney Vacation Club, and other leisure experiences. Andrew Bolstein is promoted to President & General Manager of Shanghai Disney Resort. These appointments support Disney's expansion plans, including doubling its cruise line fleet by 2031 and developing new attractions across global theme parks.

Disney and FuboTV have announced a definitive agreement to combine Disney's Hulu + Live TV business with Fubo, creating a combined virtual MVPD company. Under the agreement, Disney will own 70% of Fubo, while the existing Fubo management team will operate the combined business.

The merged entity will have over 6.2 million North American subscribers and will continue to offer Fubo and Hulu + Live TV as separate services. As part of the deal, Fubo will create a new Sports & Broadcasting service featuring Disney's sports and broadcast networks, including ABC, ESPN, and ESPN+.

The transaction includes a $220 million aggregate cash payment to Fubo from Disney, FOX, and Warner Bros. Discovery as part of litigation settlement. Disney has also committed to provide a $145 million term loan to Fubo in 2026. The combined company is projected to be cash-flow positive immediately after closing.

Disney (NYSE: DIS) has announced it will host a live audio Q&A webcast to discuss its fiscal first quarter 2025 financial results on Wednesday, February 5, 2025, at 8:30 a.m. ET / 5:30 a.m. PT. The company will release its financial results and management's prepared remarks on its investor relations website (www.disney.com/investors) before regular trading begins on the same day. The webcast will be archived for future reference.

Disney (NYSE: DIS) has declared a cash dividend of $1.00 per share, marking a significant 33% increase from the previous $0.75 per share paid during fiscal year 2024. The dividend will be distributed in two equal installments of $0.50 per share, with payments scheduled for January 16, 2025 and July 23, 2025. CEO Robert A. Iger attributes this increase to the company's successful year and strategic improvements in quality, innovation, efficiency, and value creation.

Disney has announced that CFO Hugh Johnston will participate in a Q&A session at the UBS Global Media and Communications Conference on December 9, 2024, at 1:30 p.m. ET. The session will be available via live stream on Disney's investor relations website, with a recording archived for later viewing. This appearance marks an important opportunity for investors to gain insights into Disney's financial strategy and outlook.