Disney (NYSE:DIS) officials noted the importance of ongoing cost reduction efforts as part of its financial strategy, according to Bloomberg.
The company indicated that its fiscal year 2025 operating income growth is expected to be more heavily weighted toward the second half of the year.
In addition to cost-cutting measures, Disney plans to increase prices for its streaming services. This move is part of a broader strategy to enhance revenue streams amid a competitive digital entertainment market.
Furthermore, Disney reported strong future bookings at Disneyworld, noting that reservations for the next summer season are already on the rise. This suggests a positive outlook for the company's theme park division and its contribution to overall profitability.
As part of its content strategy for Disney+, the company is also considering the possibility of licensing content from other companies.
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