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Disney Beats Earnings Estimates As Parks And Streaming Boost Results

by News Editor

August 5, 2026

Disney posted mixed quarterly results on Wednesday, far surpassing Wall Street expectations for earnings while slightly missing revenue estimates, with its parks and streaming businesses once again driving the company’s performance.

Parks Continue To Drive Growth

Revenue from Disney’s Experiences segment, which includes global theme parks and cruises, rose 10% year over year to $9.97 billion, despite macroeconomic uncertainty that continues to weigh on consumers.

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“Domestically we’re doing extremely well right now,” CFO Hugh Johnston told CNBC, noting that attendance at U.S. parks increased 3%, while per capita spending rose 4%. He also highlighted strong attendance at Walt Disney World in Orlando.

By comparison, Comcast’s NBCUniversal recently reported lower attendance at its Orlando theme parks, citing weaker consumer sentiment and higher travel costs.

Streaming Supports Results

Revenue from Disney’s streaming business, primarily Disney+ and Hulu, increased 11% to $5.53 billion, driven by subscriber growth, price increases and higher advertising revenue.

Overall revenue from the Entertainment segment, which also includes traditional television and theatrical releases, rose 6% to $11.35 billion, helped by the success of Toy Story 5, which has surpassed $1 billion at the global box office.

Disney no longer reports quarterly streaming subscriber numbers or a breakdown of revenue and operating income for its linear television networks.

Earnings Top Forecasts

For the fiscal third quarter ended June 27, Disney reported earnings per share of $2.06, above analysts’ expectations of $1.86, while revenue reached $25.25 billion, slightly below the expected $25.4 billion.

Overall revenue increased 7% year over year, while adjusted earnings rose to $2.06 per share from $1.61 a year earlier. Shares gained roughly 4% in premarket trading following the results.

Sports And Share Buybacks

Revenue from Disney’s Sports segment, led by ESPN, rose 4% to $4.5 billion, supported by subscription and affiliate fees as well as advertising revenue. Johnston said viewership for the NBA and NHL Finals more than doubled compared with last year.

Disney also raised its fiscal 2026 share repurchase target to at least $9 billion, up from $8 billion previously, following the sale of its 50% stake in A+E Global Media to Hearst.

Beginning in fiscal 2027, the company will move much of its consumer products business to the Entertainment division. Separately, Disney announced a global partnership with TikTok aimed at expanding Disney-related fan content across the platform.

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Ring Makes New Encryption Standard Default For Cloud-Based Features

by News Editor

August 27, 2026

Amazon’s smart home division Ring is introducing a new encryption standard that will become the default for video protection and user controls, while allowing the company to offer more cloud-based features.

The standard, called TAKE, or “Throw Away the Key Encryption,” is designed to balance privacy with features that can be limited by end-to-end encryption, including video search, descriptions and access for trusted users.

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Temporary Keys Support Cloud Features

Under TAKE, Ring uses rotating encryption keys that are temporarily stored in the cloud and accessible only when needed to provide features activated by users. Once a request is completed, the company says the relevant keys will be deleted within 24 hours.

The system allows Ring to temporarily decrypt and process videos for cloud services such as Smart Alerts, which can notify users when people, vehicles or packages appear in a camera’s view. The company said in a blog post that the encryption key is deleted after the feature has been used.

Amazon’s technical white paper says TAKE was developed using Messaging Layer Security, an open messaging standard created by the Internet Engineering Task Force.

Users Can Still Choose End-To-End Encryption

TAKE will begin rolling out to customers in September and will become the default worldwide. Ring users will still be able to manually select end-to-end encryption instead.

The new system also includes several options for recovering encryption keys. Users who lose access to their device can authenticate by standing near their Ring cameras, while passphrases, cloud backups, another approved device or passkeys can provide alternative recovery methods.

Ring said the approach is intended to preserve access to cloud features without requiring users to give up control of their video encryption keys.

Privacy Concerns Remain

The announcement comes after months of scrutiny over Ring’s use of facial recognition. Its Familiar Faces feature can identify people appearing in camera footage.

In June, a class-action lawsuit accused Amazon of storing images of people passing by Ring cameras without their consent. The introduction of TAKE therefore comes as Ring faces continued questions over how its cameras process and protect personal data.