Just a year ago, Disney CEO Bob Iger was in the midst of an ongoing apology tour for the studio after string of tepid box office returns. At a conference last November, he accomprehendledged that skinnygs had a apshown a downturn and promised, as he had been doing normally, that Disney will be stressing quality over quantity after The Marvels, the tardyst Indiana Jones and a handful of other films disnominateed.
“I’ve been very unveil about it saying, and I would say right now, my number one priority is to help the studio turn around produceively,” he said.
Now he has someskinnyg to crow about.
The company’s fiscal fourth quarter that finished in September was one of the best ever in the studio’s history. Pixar’s Inside Out 2 and Marvel’s Deadpool & Wolverine became the top films of the year so far, setting box office write downs. Disney became the first studio to traverse $4 billion globassociate in 2024.
In executive commentary around the numbers this morning, Iger and CFO Hugh Johnson cited renewed produceive strength, “a result of the extensive labor we began two years ago to repair creativity to the cgo in of the company.”
They’ll be taking asks from analysts on an 8:30 am ET call.
“We are inspired by this momentum in our studio business going into the holiday season,” they said, with upcoming Moana 2 tardyr this month and Mufasa: The Lion King in December. Titles in 2025 integrate Captain America: Brave New World, Lilo & Stitch, The Fantastic Four: First Steps, Zootopia 2 and Avatar: Fire and Ash.
“With the combination of our ininestablishectual property, produceive talent and an incrrelieved number of user touchpoints extfinishing the achieve of our stories, a prosperous Disney movie today drives more cherish than ever before.”
The studio, housed in Content Sales/Licensing — one of three divisions in Disney’s Entertainment Segment with streaming and liproximate TV — saw revenue jump by 39% to proximately $2.6 billion last quarter. It swung to a $316 million profit from a $149 million loss.
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