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Disney Gains Surprise 1.4 Million Disney+ Subscribers as Streaming Profit Surges, CEO Iger Says ‘We Remain Optimistic’ About Fiscal 2025 Outlook
Disney turned in a beat for fiscal Q2 2025, with Disney+ gaining 1.4M subscribers. CEO Bob Iger remains "optimistic" about its earnings guidance.
Even so, Disney cautioned in announcing the earnings, “We continue to monitor macroeconomic developments for potential impacts to our businesses and recognize that uncertainty remains regarding the operating environment for the balance of the fiscal year,” which ends in late September 2025. Investors will be eager to hear additional commentary from Iger and other execs about how Disney expects to be affected by President Trump’s aggressive global tariffs — including his vague threat to impose a 100% levy on films produced overseas — and the company’s strategy in the face of an economic downturn. The company attributed Disney+’s subscriber growth to a strong content slate that included the addition of blockbuster “Moana 2” as well as “Mufasa: The Lion King,” as well as the debut of original series “Daredevil: Born Again,” which drew 7.5 million views in the first five days of release.
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