Entertainment: Disney Reports Jump in Disney+ Subscribers in Latest Quarter
The better-than-expected increase contrasts with streaming rival Netflix’s loss of subscribers.
Entertainment: Disney Reports Jump in Disney+ Subscribers in Latest Quarter
Walt Disney Co. DIS -2.29%▼ reported better-than-expected subscription numbers for its Disney+ streaming service in the most recent quarter,
avoiding a slowdown that dogged streaming rival Netflix Inc. NFLX -6.35%▼Entertainment: Disney Reports Jump in Disney+ Subscribers in Latest Quarter
In its quarterly earnings report, Disney reported 7.9 million new Disney+ subscribers to reach 137.7 million subscribers,
up from 129.8 million subscribers in the prior quarter. Analysts polled by FactSet expected roughly 135 million subscribers to the platform.
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