Walt Disney to break out sports programming revenue in financial reports from fourth quarter onwards
(Exciting news! Mint is now on WhatsApp Channels Subscribe today by clicking the link and stay updated with the latest financial insights! Click here!) The company also revealed historic results according to the new segment classification for the first nine months through July 1, 2023, as well as for its fiscal years 2022 and 2021. Also Read: Consumers sue Dabur subsidiaries in US, Canada over alleged cancer-causing hair products The move comes as Disney scouts strategic partners for its sports network ESPN.
It is also exploring the sale of some of its assets in India, Reuters reported in July. In February, the company had announced a restructuring that created three internal units and included trimming the company's workforce by nearly 4%.
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