
Disney Profit Tops Estimates, Arm Forecast Disappoints
Bloomberg Daybreak: Asia Edition
00:00
Disney's Strong Fourth Quarter Earnings and Future Challenges
The chapter discusses Disney's fourth quarter earnings, with the company surpassing expectations and planning for additional cost savings. The profit boost was primarily driven by the flagship theme parks, while losses in the streaming business narrowed. The chapter also mentions the challenges that Bob Iger, Disney's CEO, faces in the future, including issues with the ad market and the streaming business model.
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