{
Hugh Johnston

People

}
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media conference insights on m and a trends and industry strategies

At the UBS Global Media and Communications Conference, industry leaders discussed the evolving landscape of media and communications. Comcast's Dave Watson projected over 100,000 broadband subscriber losses in Q4 due to hurricanes, while Fox and Disney executives emphasized their strategic participation in Venu to enhance viewer engagement without replicating existing bundles. Roku's CFO highlighted their competitive edge and strong partnerships, and TKO Group's Mark Shapiro expressed interest in expanding the Professional Bull Riders and exploring organic growth in boxing.
Axios
United States Dollar COMCAST CORP Roku, Inc. Mark Shapiro Dave Watson Hugh Johnston Andrew Lipman Steve Tomsic Dan Jedda Show more
TradFi, Transcript
17:38 10.12.2024

Disney CFO to participate in UBS Global Media Conference Q&A session

Disney CFO Hugh Johnston will participate in a Q&A session at the UBS Global Media and Communications Conference on December 9, 2024, at 1:30 p.m. ET. The session will be live-streamed on Disney's investor relations website, with a recording available afterward. This event offers investors insights into Disney's financial strategy and outlook.
@StockTitan_net
USA Hugh Johnston Carlos Gómez
TradFi, Press Release
19:00 02.12.2024

disney earnings signal streaming's potential to surpass traditional television

Disney's recent earnings report indicates a significant turnaround in its streaming business, with projections showing a $875 million increase in operating income for fiscal 2025, potentially surpassing losses from traditional TV. The company’s streaming platforms, including Disney+ and Hulu, posted a combined operating income of $321 million in the last quarter, a stark contrast to the $2.5 billion loss the previous year. This suggests that streaming may successfully replace the profits once generated by linear TV, despite ongoing challenges in the media landscape.
CNBC
United States Dollar Comcast Corporation Disney Warner Bros. Discovery, Inc. Paramount Global USA Warren Buffett Becky Quick Hugh Johnston Show more
Finance & Economy, Market Report
20:50 14.11.2024

disney maintains commitment to traditional tv networks amid industry challenges

Disney's CFO, Hugh Johnston, stated that separating its TV networks business is not feasible due to high costs and operational complexity, despite previous discussions about divestitures. The traditional TV segment is facing challenges, with a 6% revenue decline and a 38% profit drop, yet remains integral to Disney's content strategy, particularly in supporting its streaming services. CEO Bob Iger emphasized the importance of traditional TV assets in enhancing Disney's storytelling capabilities, especially following the acquisition of Fox's entertainment assets.
CNBC
Comcast Corporation Disney Warner Bros. Discovery, Inc. Foxby Corp. USA Lachlan Murdoch Nelson Peltz David Zaslav Bob Iger Hugh Johnston Show more
Finance & Economy, News Article
17:02 14.11.2024
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