Disney exceeded forecasts by Wall Street analysts for its fiscal third quarter, delivering adjusted earnings per share of 80 cents, up from just 8 cents in the Covid-hit period a year ago.A year and a half after its launch, Disney+ reached 116 million subscribers as of the end of the quarter on July 3.
That’s twice the level of a year ago. While it is smaller, ESPN+ added to the streaming momentum, rising 75% from a year earlier to 14.9 million subscribers.Total revenue of $17 billion jumped 45% over the 2020 quarter as theme parks, sports and motion pictures resumed more familiar operations and the post-pandemic comeback began.Analysts had expected Disney+ subscribers at 115.2 million, total revenue of $16.8 billion and earnings of 56
Read more on deadline.com
Get the latest stars news and celebrity rumours with exclusive stories, photos, videos and interviews.
Breaking up, scandals, engagements, divorces, gossip – all you need to know about the private lives of your favorite celebs.
Get to know the latest showbiz news along with exclusive interviews and even more. All this is waiting for you on the main page 24 hours a day, 7 days a week! Who, where, when, with whom, how, why and for what!? Stay tuned to know first!
Just follow us daily and we will provide you with the current news from the life of famous stars and celebrities.
Owner: SNOWLAND s.r.o.
Registration certificate 06691200
Address:
Snowland s.r.o.
16200, Na okraji 381/41, Veleslavín, 162 00 Praha 6
Czech Republic
©2024. All rights reserved.