Disney moved away from the agenda of the woke, it makes a profit [VIDEO]

To the surprise of some, Disney reported strong earnings for the third quarter of 2024.

🚨DISNEY AWAY FROM THE WOKE AGENDA – PROFITS

Disney's latest earnings beat expectations, boosted by Pixar's “Inside Out 2” and “Deadpool & Wolverine.”

CEO Bob Iger highlighted a strategic shift, stating that Disney intends to focus on entertaining rather than advancing… pic.twitter.com/9LBDsXlxTq

— Mario Nawfal (@MarioNawfal) August 7, 2024

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The company announced adjusted earnings per share (EPS) of $1.39 and revenue of $23.16 billion, beating projections.

In particular, Disney's combined streaming services, including Disney+, Hulu and ESPN+, turned a profit for the first time, with operating income of $47 million.

However, Disney's theme parks division saw a 3% drop in revenue, attributed to cooling consumer demand.

NEW: Disney's global streaming business turned a profit for the first time, but parks segment revenue fell 3% (year-over-year) due to “moderating consumer demand” that beat the company's expectations company Disney says weak demand in the third quarter could hurt results “in the coming quarters.” pic.twitter.com/IW0K4H6iWG

— Scott Gustin 🔜 D23 Expo (@ScottGustin) August 7, 2024

The company has indicated that this trend could affect future profits in the coming quarters.

Despite this setback, Disney's overall performance remained solid, driven by growth in its entertainment segment.