Disney's strong Q4 earnings and growth in ad-supported Disney+ subscribers are driving stock surge and profitability. See why I upgrade DIS stock to a Buy.

Good day, everybody, and welcome to The Walt Disney Company fourth quarter and full year 2024 financial results conference call. All participants will be in listen-only mode. [Operator instructions] After today's presentation, there will be an opportunity to ask questions. [Operator instructions] Please note, today's event is being recorded.

The Walt Disney Company's Entertainment segment saw its fiscal Q4 revenue grow by a healthy 14% year-over-year. However, a closer look at the results indicates the growth was largely due to Disney+ and OTT platforms;