Yahoo Finance's Allie Canal breaks down the latest quarterly earnings for Disney. Read More...
Reuters
Disney’s strong streaming growth dispels Netflix gloom
(Reuters) -Walt Disney Co eased concerns about streaming video by picking up 7.9 million new Disney+ customers from January through March, sending shares of the entertainment giant up 3.5% in after-hours trading on Wednesday. Wall Street had been expecting 5.3 million new Disney+ customers. Disney still has a long way to go to hit ambitious, multi-year targets, but the growth was a riposte to Netflix shrinking.
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