Disney Sees Record Growth Despite International Park Declines

Disney's third quarter results showed significant growth in various sectors, including theme parks and streaming services. The company's global deal with TikTok allowed fan-created Disney content to appear on the Disney+ app.

The Experiences division saw a 20% increase in operating income to $3.02 billion, driven by U.S. theme park attendance and spending. However, international parks experienced a decline of 13%. The domestic parks saw a 27% rise, compensating for the drop in international tourism due to tariffs and immigration policies.

The company's streaming segment, including Disney+ and Hulu, reported revenue growth of 11% to $5.53 billion. This was attributed to subscriber increase, price hikes, and increased advertising. The overall revenue rose 7% to $25.25 billion, with net earnings at $2.64 billion for the quarter.