2023-08-10 06:49:49
The weather is stormy for Disney. Bob Iger, who returned to the helm of the American entertainment giant nine months ago, faces many challenges. Revenues from conventional television are down, streaming continues to post quarterly losses and the strike by actors and screenwriters should weigh on results in the coming months.
The American giant has just published gloomy results. Its revenues increased by 4% over one year, thanks to the influx of visitors to its amusement parks and cruise ships. But the profits associated with its media and entertainment division fell by 18% in one year. Over the last nine months, they even collapsed by… 46% compared to last year.
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