business / news / / Variety
Josh D’Amaro made his Wall Street debut on March 28.
Disney's entertainment streaming segment achieved its first double-digit operating margin at 10.6% this quarter.
KEY POINTS
- Disney will not proceed with a planned $1 billion investment in OpenAI after Sora's abrupt shutdown.
- The acquisition of a 70% stake in Fubo contributed a 4% revenue lift and expense increase to Disney's entertainment segment.
- Disney expects at least $8 billion in share repurchases and 12% adjusted EPS growth in fiscal 2026.
- Disney's collaboration with Epic Games led to 780 million hours played by 80 million unique Fortnite players.
COMPANIES
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