Disney+ growth has slowed. That's bad news for Disney - News Summed Up

Disney+ growth has slowed. That's bad news for Disney


New York (CNN Business) Streaming has carried Disney through the pandemic with Disney+ growing to more than 100 million subscribers. Disney+ now has 103.6 million subscribers, below the 110 million that many on Wall Street were expecting. Disney's stock was down as much as 4% in after hours trading after the news of its subscriber growth drop. Disney DIS When it came to profits, though,rebounded in a big way. The company reported earnings of $912 million in the most recent quarter, up 95% from $468 million last year.


Source: CNN May 13, 2021 20:28 UTC



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