Disney reported strong fiscal Q3 earnings, with revenue up 2% to $23.7 billion and operating income up 8% to $4.6 billion. Growth was driven by a 6% increase in direct-to-consumer revenue to $6.2 billion, fueled by subscriber additions and a new deal with Charter Communications. ESPN's new streaming service and NFL content deal are key components of the strategy. Disney Parks also saw significant revenue growth. CEO Bob Iger highlighted plans to combine Disney+ and Hulu, reduce churn, and expand internationally.

Prepared by Emily Rhodes and reviewed by editorial team.