Todd Spangler NY Digital EditorFor Disney Plus, maybe getting the first 100 million subscribers was the easy part.Shares of Disney were down 2.6% in midday trading Friday, after the media company missed revenue estimates for the first three months of 2021 and reported a gain of 8.7 million Disney Plus subs — more than 5 million fewer than Wall Street had been betting on.The Disney Plus story was always more about a marathon than a sprint.
But analyst consensus expectations “were for a more front-end loaded growth curve” on the road to Disney’s newer forecast of 230 million-260 million Disney Plus subscribers by the end of fiscal 2024, Morgan Stanley analyst Ben Swinburne wrote.
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