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it s also investing money in its theme parks, which continued to grow. and new films like the marvels, due out this friday, should help its film studio, which is focusing on making less stuff of higher quality from its existing franchises. still, not all is rosy. for example, disney s abc network and other tv stations saw lower political advertising revenue during the quarter, a decline in ad revenue that has worried investors. and there is still the question, what does disney plan to do with espn, its sports service, which many wonder whether or not it will sell off in the future? on that, mr iger didn t offer much commentary. meanwhile airbnb is losing properties banded the new rules prohibiting short term rentals. the companies code founder and ceo says travellers have been flocking to newjersey and connecticut instead. he was in the big apple touting metal ones which police and our business correspondent asked him about the changes in store for us and hose. for us ....
decline in ad revenue. it is a big test for the returning chief executive bob iger. michelle fleury has the latest from new york. it is nearly a year since bob iger made his shocked return to disney following his retirement and having restructured its operations, mr i go, was on his second go around leaving the media giant, said disney is now moving to its next phase.- moving to its next phase. well, we still have moving to its next phase. well, we still have work moving to its next phase. well, we still have work to moving to its next phase. well, we still have work to do - moving to its next phase. well, we still have work to do to - we still have work to do to continue improving a result, progress has allowed us to move beyond the spirit of fixing and begin building our business again. an example of that, next month disney will launch a beta test of an app that combines disney plus, streaming servers, with hulu, another streaming servers. itjust bought the rema ....
particular. lower levels. they have concerns about advancing technology and artificial intelligence. they say the streaming giants could use their likeness and not need theirjobs or skills in person in the future going forward. they want some protection against that. they also want a slice of the streaming companies slice of the streaming companies revenue. slice of the streaming companies revenue. they did so well during the pandemic, these actors say they haven t got those rewards. now, this is the second strike after the writers, television and film actors strike earlier this year. hollywood has practically been at a standstill and it is doing many major productions, so this will be good news for all the industries that are supported by the film industry. thank you so much for that update. a lot more on our website, so do check that out as well. andrew forrest made his billions by founding fortis q. his billions by founding fortis o, which is one of the biggest ....