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Original ‘Inside Out’ & ‘Deadpool’ Movies Driving Disney+ Sign-Ups, Says Bob Iger On Streaming Profits Celebration Day
Disney Earnings: Inside Out & Deadpool were driving sign-ups to Disney+ in the last quarter, Bob Iger says.
Disney gave more insight into its celebrated streaming profitability in Bob Iger-briefed executive remarks coming after its results early this morning, and it’s not just new content bringing people to the service. “The theatrical success of our franchises, which contributes to our growth and improved financial performance in streaming, should also positively impact churn and engagement.” Inside Out 2 boosted content and licensing profits for Disney, which helped triple earnings at the entertainment segment – to $1.2 billion from $408 million — and showcased the studio’s renewed creative strength that CEO Bob Iger has been promising.
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