Skip to content

Recent Posts

  • I regret that De la Morena and I got involved in an absurd war
  • Artificial intelligence: When machines learn empathy
  • Detect fraud when shopping online
  • Text AI Risks: Abuse and Unreliability: AI chatbots have limitations
  • “Earth.fm”: Hear the beauty of nature

Most Used Categories

  • Culture (130)
  • IT News (98)
  • Education (14)
  • Business (5)
  • Car (1)
Skip to content

TOTAL THE EAT REVIEW

Subscribe
    • Home
    • Culture
    • Disney falls on Wall Street after a reduction in subscribers to its streaming platform

    Disney falls on Wall Street after a reduction in subscribers to its streaming platform

    Johnson11 May 2023

    The actions of Disney fell sharply this Thursday in Wall Street after the entertainment giant recorded significant drops in the number of subscribers to its main streaming platform in the first quarter, one of its big bets.

    An hour after the opening, the company’s shares were down almost 9%, by far the largest drop among the thirty stocks that make up the Dow Jonesthe main index of the New York stock market, which was trading lower today.

    Disney’s losses came after the company filed after the stock market closed on Wednesday its accounts for the first semester of its fiscal year, when it had profits of 2,550 million dollars (2,321 million euros), 62% more year-on-year.

    In addition, it announced an improvement in the finances of its streaming segment, which increased its quarterly income to 5,514 million (12% more) and reduced its operating losses by 26% to 659 million.

    Related news

    However, there was a general reduction in subscribers, as The Disney+ platform, the main one, lost 4 million subscribersup to 157.8 million, and Hulu and ESPN+ had slight increases, standing at 48.2 million and 25.3 million subscribers.

    According to analysts, these were the data that today punished the company in the markets, which yesterday also announced that it plans to combine the content of its on-demand content services Disney + and Hulu in a single application that will be available in the US. later this year.

    Post navigation

    Previous: a story about the intimacy of mourning
    Next: Sharonne will animate the Eurovision gala at the Teatro Condal

    Related Posts

    I regret that De la Morena and I got involved in an absurd war

    29 May 2023 Johnson

    Will it rain at the Coldplay concert on Wednesday in Barcelona?

    24 May 2023 Johnson

    COLD PLAY BARCELONA | Coldplay Barcelona concert: opening hours of the Estadi Olimpic de Barcelona doors and access

    24 May 2023 Johnson

    Leave a Reply Cancel reply

    Your email address will not be published. Required fields are marked *

    Recent Posts

    • I regret that De la Morena and I got involved in an absurd war
    • Artificial intelligence: When machines learn empathy
    • Detect fraud when shopping online
    • Text AI Risks: Abuse and Unreliability: AI chatbots have limitations
    • “Earth.fm”: Hear the beauty of nature

    Recent Comments

    No comments to show.

    Archives

    • May 2023
    • April 2023
    • March 2023
    • February 2023
    • January 2023
    • December 2022
    • November 2022
    • April 2022

    Categories

    • Business
    • Car
    • Culture
    • Education
    • IT News
    Copyright All Rights Reserved | Theme: BlockWP by Candid Themes.