177 articles today

Disney’s Debt Rating Outlook Stable But Fitch Flags Theme Park, Cruise Line Investments

The Hollywood Reporter
Story by Etan Vlessing
from The Hollywood Reporter
Image from The Hollywood Reporter
scrn logline
Disney's debt outlook stable, but Fitch warns theme park and cruise line investments could pressure cash flow.
beat sheet
  • Fitch forecasts Disney's upcoming $5B payment to Comcast for Hulu acquisition will be largely debt-financed.
  • Fitch expects Disney's direct-to-home streaming division to generate around $1B in operating income by fiscal 2025, offsetting linear TV network declines.
call sheet
David Schwimmer, Fitch Ratings, Comcast Corp., Warner Bros. Discovery, Paramount Global, 'Goosebumps'
Read the source