GECs
Disney reports strong quarterly result; strikes deal with Amazon for Disney+
MUMBAI: The Walt Disney Company reported its fourth quarter earnings when it’s nearing the launch of its Disney+ streaming platform. Moreover, Disney chairman and CEO Bob Iger said that the Mouse House has struck a distribution deal for its Disney+ streaming service with Amazon.com, and the service will be carried by Amazon's Fire TV.
"We've spent the last few years completely transforming The Walt Disney Company to focus the resources and immense creativity across the entire company on delivering an extraordinary direct-to-consumer experience, and we're excited for the launch of Disney+ on November 12," he added.
The company delivered a strong financial result compared to the previous quarterly report for its fourth quarter, with diluted earnings per share of $1.07 beating Wall Street analysts’ consensus forecast of 95 cents. Even, the total revenue reached $19.1 billion in the quarter exceeding the analysts’ estimate for $19.04 billion.
Media Networks revenues for the quarter increased 22 per cent to $6.5 billion, and segment operating income decreased 3 per cent to $1.8 billion. Cable Networks revenues for the quarter increased 20 per cent to $4.2 billion and operating income decreased $19 million to $1.3 billion. In addition to that, the company’s theme parks arm also experienced growth, with revenues for the quarter jumping 8 per cent to $6.7 billion, and segment operating income rising 17 per cent to $1.4 billion.
GECs
Samsung TV Plus launches Kings of Comedy channel
New free FAST channel brings iconic Hindi comedy shows to millions of Samsung Smart TV owners.
MUMBAI: Samsung TV Plus has just turned up the laughter volume and it’s completely free. The leading free ad-supported streaming television (FAST) service in India has launched Kings of Comedy, a premium comedy channel featuring some of the country’s most beloved primetime shows. Available exclusively on Samsung TV Plus, the channel delivers back-to-back hits including Comedy Nights with Kapil, Khatra Khatra Khatra, and Comedy Nights Bachao, with no login or subscription required.
The launch marks a milestone for free streaming in India, offering audiences a dedicated comedy destination directly from their Samsung TV home screen. It arrives as Samsung TV Plus India celebrates its 5th anniversary, during which the service has grown its monthly active users by 42 per cent and more than doubled its total viewing hours. The platform now offers over 180 free channels across 14 languages.
Samsung TV Plus India general manager and head of business development Kunal Mehta said, “Comedy is the heartbeat of Hindi entertainment, and Kings of Comedy brings together the shows Indians already love, completely free on their Samsung TV. Our focus remains the same take the content people know and make it effortless to access.”
Globally, Samsung TV Plus has surpassed 100 million monthly active users across more than 4,500 channels, solidifying its position as one of the world’s leading free streaming services.
Kings of Comedy is now available on all compatible Samsung Smart TVs. For viewers seeking non-stop laughter without any cost, this new channel delivers a royal treat proving that sometimes the best entertainment really does come with no strings (or subscriptions) attached.
