You are currently viewing Disney Reports Disney+ Subscriptions Up, Theme Park Revenues Doubled Last Quarter Even After DeSantis Declared War on Mickey

Disney Reports Disney+ Subscriptions Up, Theme Park Revenues Doubled Last Quarter Even After DeSantis Declared War on Mickey

Minnie and Mickey Mouse in front of Disney castle

Mark Ashman/ via Getty Images

The has managed to avoid Netflix’s struggles — and consequences of a culture war waged by Gov. (R-FL) and other Republican elected officials — reporting an increase in Disney+ subscribers and doubled revenues for their division.

Netflix saw their stock price tumble after announcing it had lost 200,000 subscribers in the first three months of 2022 and expected to shed an additional 2 million over the course of the year.

In contrast, Disney announced in an earnings call Wednesday that their streaming service Disney+ had added 7.9 million subscribers during its most recent fiscal quarter, bringing their total global subscriber base to 138 million.

The New York Times’ Benjamin Mullin attributed Disney’s strong subscriber numbers to new releases like Pixar’s Turning

..... (Read more by following the post link below)

This post was originally published on this site

Also See...