Disney shares rocketed higher in Thursday trading after the major studio, led by CEO Bob Iger, reported its latest quarterly results, including strong film unit results, driven by the likes of Deadpool & Wolverine and Inside Out 2.

The streaming profit and studio are bright spots, while income from cable and theme parks declines.

Disney on Thursday reported fourth-quarter adjusted profits that surpassed Wall Street's expectations. Driven by strong performances from its entertainment division and streaming services, these results highlight the company's successful strategy in capitalizing on high-demand content and digital offerings.

The rollout of Hulu titles on the Disney Plus app brought a dedicated hub for the platform as well as Hulu content that surfaces on the home screen. You'll need to have a Disney b

Disney plans to add an ESPN tile to Disney+ on December 4, giving subscribers to its “trio” streaming bundle access to ESPN+ content when they are on Disney+. The move is similar to what the company did with Hulu earlier this year.

The addition is part of the company’s plan of to bring a full sports offering to Disney+ and to launch ESPN’s DTC offering in fall of 2025

The head of Disney and Reliance Industries’ newly merged $8.5bn Indian entertainment titan plans to invest and “revitalise” television in the world’s most populous country even as western media organisations increasingly see it as a dying medium.

Reliance Industries and Walt Disney on Thursday completed the $8.5 billion merger of their Indian media assets, which have been split into three divisions, with each unit having its own CEO. The companies said the newly formed divisions are entertainment,

India’s entertainment landscape shifted Thursday as Reliance Industries and Disney completed their long-awaited media merger, creating an Indian powerhouse valued at $8.5 billion. The deal combines Disney’s Star India with Reliance’s Viacom18 and streaming platforms JioCinema and Hotstar.