Page 10 - Insider Intelligence News Today

Hunter Terry of Lotame discusses Amazons new ad-supported Prime Video, which created an estimated 100 million-user advertising machine out of the gate, and he breaks down the reasons why brands shouldnt sleep on the powerful impact of Amazons ad push.

SAN FRANCISCO (AP) — The Walt Disney Co. on Wednesday posted stronger-than-expected earnings for the final three months of 2023, boosted by cost cuts and growing revenue from its theme parks business.

Disney posted stronger-than-expected earnings for the final three months of 2023, boosted by cost cuts and growing revenue from its theme parks.

Disney has reported stronger-than-expected earnings in the final three months of 2023

Disney has had a rough couple of years after CEO Bob Iger returned from a brief retirement. But the media veteran said Disney is finally on the path toward success again.

The social media giant saw shares fall 35.2% leaving founder Evan Spiegel and his wife Miranda Kerr (pictured) nursing losses of £200m.

Disney has had a rough couple of years after CEO Bob Iger returned from a brief retirement. But the media veteran said Disney is finally on the path toward success again.

The Walt Disney Co. today posted stronger-than-expected earnings for the final three months of 2023, boosted by cost cuts and growing revenue from its theme parks business.

Snap slumped more than 31pc on Wednesday after fourth-quarter revenue missed Wall Street expectations, with the company struggling to compete for advertising dollars against heavyweights such as Meta and Alphabet.

Disney stock is trading sharply higher in US premarket price action today after the company beat earnings estimates for the first quarter