Bullish
Disney CFO projects Disney+ to achieve double-digit margins by year-end.
Disney's Chief Financial Officer, Hugh Johnston, announced that Disney+ achieved a 13% margin in the last quarter and is expected to maintain double-digit margins through the end of the year. This positive outlook is supported by the company's strategic investments in intellectual property, technology, and consumer engagement, as well as a strong film slate and park expansions.
Key points
- Disney CFO projects Disney+ to achieve double-digit margins by year-end.
- Strategic investments in IP, technology, and consumer engagement support growth.
- Strong film slate and park expansions contribute to positive outlook.
Sources
AI-generated from public news sources. Not financial advice.
