Disney warned during its fiscal fourth-quarter report in November that it expected a “modest decline” in subscriptions during the December period.

"Moana 2" and another profitable quarter for Disney+ and Hulu helped Disney beat forecasts for revenue and earnings for the December 2024 quarter.

Disney (DIS) reported first quarter earnings on Wednesday that beat expectations as the media and entertainment giant reported a profit in its streaming segment while its parks business faced setbacks in the midst of two back-to-back hurricanes and greater cruise ship investments.

Fox is arriving late to the streaming party with a new service set to launch by the end of the year.

Fox is getting ready to launch a standalone streaming service by the end of 2025. During an earnings call on Tuesday, Fox CEO Lachlan Murdoch said the streaming service would offer a “holistic” streaming package featuring sports and news from the network’s existing brands, according to a transcript.

The company known for its news and sports TV content said Tuesday it’s aiming to launch a subscription streaming service by the end of the year.