From Quartz.
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The Walt Disney Company reported quarterly revenue above $26 billion; shares fell 7% against a rising market, and the CEO search was described as in late stages. The Disney earnings update featured Bob Iger’s shareholder letter emphasizing records across film, television, and sports. Investors also weighed operating profit and EPS declines alongside segment strength. Zootopia 2 became the highest-grossing animated film ever at $1.8 billion, including $630 million from China. Disney reported seven of 2025’s 10 most-watched shows, and ESPN set viewership records including a 38 million-viewer NFL game. Management cited a resolved carriage-fee dispute with YouTube and higher expenses from a larger film slate. Iger noted headwinds at U.S. parks amid an eight-month decline in inbound tourism after Donald Trump took office. #disney #earningsreport #tourism #streaming #ceo
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