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