Disney+ Core Subs Top 120 Million as Streaming Biz Profit Grows, ‘Inside Out 2,’ ‘Deadpool & Wolverine’ Drive Film Results
variety.comJennifer Maas TV Business Writer Disney ended its 2024 fiscal year with 122.7 million Disney+ Core paid subscribers, an increase of 4.4 million subs over the September quarter three month period — better than expected.
In reporting fiscal Q4 2024 results that beat Wall Street forecasts, Disney’s overall streaming business stood out as profitability increased with operating income at $321 million, compared with loss of $387 million in the year-ago period.
That came after the Mouse House’s direct-to-consumer biz posted its first operating profit (of $47 million) the prior quarter.
Disney saw its box office results soar during the quarter ended Sept. 30 as summer blockbusters Pixar’s “Inside Out 2” and Marvel’s “Deadpool & Wolverine” drove $316 million in operating income for its content sales and licensing segment.
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