Disney's Blockbusters Dominate 2024, Spain Channel Closure Signals Shift

Disney's "Inside Out 2" was 2024's highest-grossing picture and broke new animated movie records.

Summary
  • Disney Channel España will close on Jan. 7, after 27 years, as part of the company’s pivot toward Disney+ streaming services.
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"Inside Out 2, which became the highest-grossing movie of the year and set new records for animated films," helped the Walt Disney Company (DIS, Financials) top box office attendance in 2024. Blockbusters such as "Deadpool & Wolverine" and "Moana 2," broadened Disney's repertacle. With a 3% drop from the year before, the company's movies helped make $8.75 billion despite industry problems. After this disclosure, Disney's stock price (DIS, Financials) stayed constant, suggesting investor confidence in its approach.

Having 27 years of operation, Disney Channel España will terminate on Jan. 7. Disney's action corresponds with its general approach of emphasizing Disney+. The channel is running "We Love Disney Channel," an homage to 2000s movies and TV series, before shutting.

Disney also raised their dividend by 33% after a stop to payments during the epidemic. Paid in January and July 2025, the revised $1 per share rate will be Good policies and well-made movies helped the company's finances turn around.

In August the streaming company generated a first quarterly profit of $47 million. Profitability came mostly from strategic content, price increases, and Hulu's Disney+ integration. While Disneyland Paris hosted its inaugural Disney Music Festival from April to September 2025, Disney World profited on momentum by providing complimentary meal plans with certain vacation packages in summer 2025.

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