Disney shares rocketed higher in Thursday trading after the major studio, led by CEO Bob Iger, reported its latest quarterly results, including strong film unit results, driven by the likes of Deadpool & Wolverine and Inside Out 2.

The streaming profit and studio are bright spots, while income from cable and theme parks declines.

Walt Disney (NYSE:DIS) logged its best post-earnings gain in years Thursday, with the stock jumping double-digits out of the market open and settling into a 7% gain at midday, after a news-filled earnings report headlined by the company's success in its Entertainment unit.

Disney made money off its streaming business for the second time in a row. During Q4 2024, profit from Disney Plus, Hulu, and ESPN Plus soared to $321 million, up from $47 million last quarter.

Disney stock jumped early Thursday as the entertainment giant’s streaming business swung to a strong profit in its fiscal fourth quarter. Disney posted adjusted earnings of $1.14 per share on revenue of $22.

Reliance Industries and Walt Disney on Thursday completed the $8.5 billion merger of their Indian media assets, which have been split into three divisions, with each unit having its own CEO. The companies said the newly formed divisions are entertainment,

Head of newly formed Jio Star says traditional linear format is still important in the country during streaming era

India’s entertainment landscape shifted Thursday as Reliance Industries and Disney completed their long-awaited media merger, creating an Indian powerhouse valued at $8.5 billion. The deal combines Disney’s Star India with Reliance’s Viacom18 and streaming platforms JioCinema and Hotstar.

Operator Good day, everybody, and welcome to The Walt Disney Company fourth quarter and full year 2024 financial results conference call. All participants will be in listen-only mode. [Operator instructions] After today's presentation,

The results are in for Q4 (and the fiscal year) for 2024, and the Walt Disney Company has reported revenue of $22.6 billion for the quarter. The Walt Disney Company Revenue for Q4 2024 Analysts predicted a revenue of $22.