Disney+ Streaming Subscribers Surge by 3.8 Million As Streaming Profits Grow
Streaming continues to become a more potent force on The Walt Disney Co.’s balance sheet, as the company’s fiscal Q4 earnings report demonstrates. Disney released its latest quarterly earnings early Thursday morning, reporting revenues of $22.5 billion, essentially flat from last year, and segment operating income of $3.5 billion, down 5 percent from a year…
