Disney's Q1 earnings surged to $2.55B, thanks to "Moana 2" and boosted content sales.
Disney reported strong first-quarter earnings, surpassing expectations with a profit of $2.55 billion, up from $1.91 billion last year. Revenue increased 5% to $24.69 billion, driven by the success of "Moana 2" and a 34% rise in content sales and licensing. Despite a slight 1% drop in Disney+ subscribers, the company anticipates high-single digit earnings growth for the year.
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