- Disney’s streaming losses narrowed during the fiscal second quarter, as price increases helped offset the loss of subscribers at Disney+.
- The company posted revenue and profit in line with Wall Street’s projections.
- Disney reported significant growth at its theme parks during its second fiscal quarter. However, its linear TV unit struggled.
Disney
on Wednesday reported that its streaming losses narrowed as price increases helped offset the loss of 4 million subscribers at Disney+.
The company, which posted revenue and profit in line with Wall Street’s projections, also reported significant growth at its theme parks during its second fiscal quarter. Its linear TV unit struggled, however.
www.cnbc.com/2023/05/10/disney-dis-earnings-report-q2-2023.html
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