Disney Streaming Profit Doubles in June Quarter, Company Shifting Consumer Products to Studios Division

CEO Josh D'Amaro also outlines use of new AI tool for Disney's parks team

By Jennifer Maas

Jennifer Maas

TV Business Writer

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Disney posted mixed results for the June 2026 quarter, as Disney+ and Hulu continued to boost profits and the theme parks division turning in solid performance. And Disney CEO Josh D’Amaro revealed his latest move to restructure the media conglomerate’s operations: He’s moving most of consumer products out of Disney Experiences and into the entertainment unit.

In a letter to shareholders accompanying the earnings results Wednesday, Disney CEO Josh D’Amaro said that starting in the first quarter of fiscal 2027 (which runs October-December 2026) Disney will be moving “much” of its consumer products business results from the experiences segment to the entertainment segment. That means that sales for merchandise for “Avengers: Doomsday,” for example, would fall under entertainment revenue and put the bulk of the consumer products biz under Disney Entertainment’s studios group. The consumer products business accounted for $1.1 billion in revenue this quarter, the strongest year-over-year growth in five years.

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