Disney Sees Strong Q3 Growth, Eyes Future in FAST Streaming
The Walt Disney Company reported its fiscal third quarter revenue to be up 7% year-over-year, reaching US$25.2 billion. The company's total operating income saw a significant increase of 21%, hitting $5.6 billion.
This growth surpasses expectations and is attributed to the company's strong performance in streaming services. Disney's Q3 results are a testament to its ability to adapt to changing market conditions and leverage its vast library of content.