The Walt Disney Company: Enhanced Streaming Services Strategy, Focus on High-Quality IP and Strategic Licensing

The Walt Disney Company reported its third-quarter financial results for 2024, reflecting a mixed performance across its diverse business segments. The company reported a revenue growth of 2% during the quarter, indicating resilience in its theme parks segment despite slight moderation in demand. Attendance at the domestic parks remained flat, with a slight increase in per capita spending, contributing to a steady revenue outlook for the fourth quarter. While the theme park business faces near-term challenges with expected softness over the next few quarters, new investments such as the addition of three new cruise ships are anticipated to partially mitigate these impacts by 2025.