BREAKING NEWS: Camp Fire: Latest Numbers Full Story
STREAMING NOW: Watch Now

Will Disney's streaming service roar - or squeak?

NEW YORK (AP) - Will Disney's upcoming streaming services be the mouse that roared ... or squeaked?

Posted: Feb. 6, 2018 1:39 PM

NEW YORK (AP) - Will Disney's upcoming streaming services be the mouse that roared ... or squeaked?

Disney already owns enviable entertainment properties including Pixar, Marvel and Star Wars. Now, it's looking to add Fox's TV and movie studios as it prepares to launch two streaming services.

In announcing first-quarter earnings Tuesday, CEO Bob Iger said he was "excited about what lies ahead" including the ESPN streaming service. Adjusted income of $1.89 per share beat analyst expectations, as did revenue of $15.35 billion, a 4 percent increase.

Streaming is Disney's bet on what the next generation of entertainment will look like. But some investors are concerned that Disney isn't going "all in" on streaming.

(Copyright 2018 The Associated Press.)

Article Comments

Chico
Broken Clouds
45° wxIcon
Hi: 63° Lo: 38°
Feels Like: 45°
Oroville
Overcast
46° wxIcon
Hi: 60° Lo: 39°
Feels Like: 46°
Paradise
Broken Clouds
45° wxIcon
Hi: 57° Lo: 43°
Feels Like: 45°
Chester
Clear
26° wxIcon
Hi: 58° Lo: 31°
Feels Like: 26°
Red Bluff
Clear
41° wxIcon
Hi: 70° Lo: 40°
Feels Like: 41°
Willows
Broken Clouds
45° wxIcon
Hi: 67° Lo: 34°
Feels Like: 45°
Rain possible next week!
KHSL Severe
KHSL Radar
KHSL Temperatures

Community Events