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Top related persons:
Read - 2 financials - 1 Nelson Peltz - 1 Trian - 1
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Europe Parks
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Disney - 2 ESPN - 2 ESPN financials - 1 Star India - 1 Netflix - 1 Charter Communications - 1 Trian - 1 Management - 1

Search resuls for: "ESPN financials"


2 mentions found


☆ Disney highlights theme park strength with new financial reporting model
  + stars: | 2023-10-19 | by ( Sarah Whitten | ) www.cnbc.com   time to read: +2 min
According to a Wednesday filing, the theme parks segment had more than $24 billion in overall revenue for the first nine months ended July 1. Theme park admissions alone accounted for nearly $8 billion of 2023's nine-month total, up 21% from the same period in 2022. Previously, Disney reported retail and wholesale sales of merchandise food and beverage as one category and merchandise licensing as another. Read more: Disney gives investors a look at ESPN financialsThe Wednesday filing highlights that Disney's theme park revenue continues to grow even as the overall theme park industry has slowdown in attendance and hotel room occupancy. Travel agents have pointed to higher ticket prices and a rise in trips to Europe as the major factors in declining domestic theme park attendance.
Persons: Read Organizations: Disney, ESPN, ESPN financials Locations: Europe
☆ Disney gives investors a look at ESPN financials, including recent revenue declines
  + stars: | 2023-10-18 | by ( Lillian Rizzo | ) www.cnbc.com   time to read: +3 min
The reorganization of Disney 's business is giving investors a glimpse at ESPN's financials for the first time. The company is now broken down into three divisions, one of which is an ESPN segment that includes the TV network and ESPN+ streaming service. A part of the fight was Disney's future prospects for ESPN on streaming. Disney plans to make the ESPN channel a direct-to-consumer option outside of the bundle for customers in the future. However, last week, Trian upped its stake in Disney and now a second proxy battle is brewing, CNBC reported.
Persons: financials, Read, Nelson Peltz, Trian Organizations: Disney, ESPN, Star India, Netflix, Charter Communications, Trian, Management, CNBC Locations: Parks
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