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Disney projected to lose $4.3M per day
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Disney CEO Bob Iger said AI could enhance Disney+ by enabling user-generated content, interactivity, and deeper engagement.
Taika Waititi has a long relationship with Disney and its studios. He directed a pair of Thor movies for Marvel Studios, won an adapted screenplay Oscar for Searchlight’s Jojo Rabbit, and voiced a droid in The Mandalorian. Now, he has added another line to that resume: directing the company’s annual holiday short.
YouTube TV's 10 million customers have been without Disney channels for two weeks; CEO Bob Iger told Wall Street analysts: "We're trying really hard ... working tirelessly to close this deal."
Despite a spike in cancellations surrounding the suspension of Jimmy Kimmel in September, Disney’s streaming subscriber rates are looking pretty good. On Thursday, the company released its Q4 earnings report,
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Disney Streaming Subscribers Surge As Execs Hint At AI Plans and Rule Out a Warner Bros. Bid
The company's experiences division also saw steady growth, even as its linear TV business continues to suffer.
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Disney’s cruise line and streaming service boost earnings, despite weaker theatrical results
Disney's weaker theatrical results affected its fourth-quarter earnings, though its experiences segment continued to perform, particularly the cruise line.
Disney’s fiscal fourth-quarter performance was mixed, as a weak performance from its television networks and some films was buffered by strength in its streaming business and theme parks.
Disney’s plans for the future of its streaming service may involve AI-generated videos. During an earnings call on Thursday, Disney CEO Bob Iger said the company is “really excited about AI,” adding that the technology could allow Disney Plus to provide viewers with the ability to “create” and “consume” short-form AI videos.
Disney’s revenue for the September quarter was roughly flat year over year — coming in short of Wall Street estimates — and adjusted earnings per share declined 3%. But Disney+ and Hulu subscriber additions were better than expected,