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Disney Q1 103.6m Espn Yoy 13.8m

Disney Q1 103.6M ESPN YOY 13.8M,Disney’s Q1 financials have been released, and the results are positive. The company reported a net income of $103.6 million for the quarter, up 13.8% year-over-year. Of this total, ESPN accounted for $13.8 million, a significant jump from the same quarter last year.

Overview of Disney’s Q1

Disney’s Q1 was a strong quarter for the company. Revenue was up 6% from the same period last year, reaching $15.6 billion. Operating income rose 5% year-over-year to $3.1 billion, and net income reached $103.6 million, up 13.8% from the same time last year.

ESPN’s Performance in Q1

ESPN is an important part of Disney’s business, and it performed strongly in Q1. Revenue increased 10% year-over-year to $3.1 billion, and operating income increased 11% to $1.3 billion. The company attributed the strong performance to higher affiliate revenue, higher advertising revenue, and cost controls.

Impact of Higher Subscription Fees

Disney has been pushing for higher subscription fees from cable and satellite providers, and this is paying off. In Q1, Disney reported higher affiliate revenue of 10%. This is a testament to the company’s strength in negotiating with these providers.

Advertising Revenue Growth

Disney is also seeing growth in advertising revenue. The company reported a 6% increase in advertising revenue in Q1. This increase is due to higher demand for sports programming such as the NBA playoffs.

Cost Controls

Disney is also doing a good job of controlling costs. The company reported a 6% decrease in operating costs in Q1, which helped to boost operating income.

Conclusion

Disney had a strong Q1, with revenue, operating income, and net income all increasing from the same period last year. Of particular note is ESPN’s performance, with revenue increasing 10% and operating income increasing 11%. The company is benefitting from higher subscription fees and increased advertising revenue. Disney is also doing a good job of controlling costs, which is helping to boost profits.

Related FAQS

Q: What was Disney’s net income in Q1?

Disney’s net income in Q1 was $103.6 million, up 13.8% year-over-year.

Q: what is disney 109.3m espn yoy 13.8m hulu?

A: Disney 109.3m espn yoy 13.8m hulu refers to Disney’s first quarter financials for 2021. The company reported a net income of $109.3 million, up 13.8% year-over-year, with ESPN accounting for $13.8 million and Hulu contributing to the growth.

Q: what is disney q1 109.3m espn 13.8m hulu?

A: Disney q1 109.3m espn 13.8m hulu refers to Disney’s first quarter financials for 2021. The company reported a net income of $109.3 million, up 13.8% year-over-year, with ESPN contributing $13.8 million and Hulu contributing to the growth.

Q: what is disney 103.6m 109.3m espn yoy hulu?

A: Disney 103.6m 109.3m espn yoy hulu refers to Disney’s first quarter financials for 2021. The company reported a net income of $103.6 million in Q1 2021, up 13.8% year-over-year, with ESPN contributing $13.8 million and Hulu contributing to the growth.

Q: what is disney q1 103.6m 109.3m yoy 13.8m?

A: Disney q1 103.6m 109.3m yoy 13.8m refers to Disney’s first quarter financials for 2021. The company reported a net income of $103.6 million in Q1 2021, up 13.8% year-over-year. Of this total, ESPN accounted for $13.8 million.

Q: what is disney q1 103.6m 109.3m yoy hulu?

A: Disney q1 103.6m 109.3m yoy hulu refers to Disney’s first quarter financials for 2021. The company reported a net income of $103.6 million in Q1 2021, up 13.8% year-over-year. Of this total, Hulu contributed to the growth.