Summarize this content to 2000 words in 6 paragraphs in Arabic Unlock the Editor\u2019s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The box office success of Moana 2 helped push Disney\u2019s earnings up 27 per cent in its financial first quarter and offset declines at its theme parks group, which was affected by two hurricanes in Florida and the cost of expanding its cruise line.Disney ended a strong year at the cinemas with holiday releases of Moana 2 and Mufasa: The Lion King, which contributed to a 95 per cent increase in operating income in the company\u2019s entertainment group in the quarter from a year earlier. \u201cWe saw outstanding box office performance from our studios,\u201d Bob Iger, Disney chief executive, said in a statement.\u00a0Disney\u2019s studios had the top three films worldwide last year \u2014 Inside Out 2, Deadpool & Wolverine and Moana 2 \u2014 marking a rebound from a lacklustre performance in 2023 that had raised investor concerns about its creative spark.\u00a0Net income before taxes rose to $3.66bn in the quarter from $2.87bn a year earlier. The company reported adjusted earnings of $1.76 per share, up from $1.22 a year earlier and exceeding Wall Street estimates of about $1.45 per share.\u00a0Revenue at the streaming business, which includes Disney+ and Hulu, rose 9 per cent and generated $293mn in operating income, reversing a $140mn loss a year earlier. Together, Disney+ and Hulu have 178mn paid subscribers, which increased by about 900,000 in the quarter. But the company expects a \u201cmodest decline\u201d in Disney+ subscribers in the current quarter. Revenue and operating income fell at Disney\u2019s traditional television business.\u00a0Investors have been closely watching Disney\u2019s theme parks and experiences group, which roared back after the end of pandemic restrictions but have slowed in recent quarters.\u00a0The company said Hurricanes Milton and Helene had a $120mn impact on Disney World in Florida and the cancellation of a cruise itinerary. But the non-US parks and experiences business posted a 28 per cent increase in operating income from a year earlier.\u00a0\u00a0The launch of the Disney Treasure\u00a0cruise ship cost $75mn in pre-opening expenses in the quarter, and the company said it expected to spend a total of about $200mn to expand the Disney Cruise Line in financial 2025.\u00a0For all of 2025, Disney said it expected to generate about $15bn in cash from operations, with operating income from its streaming business reaching $875mn this year.\u00a0Disney\u2019s shares are up about 18 per cent over the past year, compared with 22 per cent for the S&P 500.<\/p>\n","protected":false},"excerpt":{"rendered":"
Summarize this content to 2000 words in 6 paragraphs in Arabic Unlock the Editor\u2019s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The box office success of Moana 2 helped push Disney\u2019s earnings up 27 per cent in its financial first quarter and offset declines at its theme<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[63],"tags":[],"class_list":{"0":"post-194313","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-tech"},"_links":{"self":[{"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/posts\/194313","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/comments?post=194313"}],"version-history":[{"count":0,"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/posts\/194313\/revisions"}],"wp:attachment":[{"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/media?parent=194313"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/categories?post=194313"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/tags?post=194313"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}