Disney CEO Bob Iger Unveils Upcoming Film Slate, Including 'Moana 2' And New 'Avengers' Movie: 'There's A Reason To Be Bullish'
Portfolio Pulse from Benzinga Neuro
Disney CEO Bob Iger unveiled a robust film slate for the next two years, including 'Moana 2' and a new 'Avengers' movie, during the company's Q3 2024 earnings call. The lineup aims to drive box office and streaming revenues. Despite mixed financial results, Disney's streaming business turned profitable, and the company reported a 4% YoY revenue increase.
August 08, 2024 | 4:37 am
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Disney's upcoming film slate, including 'Moana 2' and a new 'Avengers' movie, is expected to boost box office and streaming revenues. Despite mixed financial results, Disney's streaming business turned profitable, and the company reported a 4% YoY revenue increase.
The announcement of a strong film lineup is likely to positively impact Disney's stock in the short term by boosting investor confidence in future revenue growth. The profitability of the streaming business further supports a positive outlook.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100