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Disney+ beats subscriber expectations but that growth came at a cost

Por: CNN Business November 09, 2022

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New York CNN Business  —  fourth quarter earnings were a mix of good and bad news for the company. The good: the company added 12.1 million new subscribers, for a total of 164.2 million global subscribers, exceeding Wall Street’s expectations. The bad: Disney missed projections for other aspects of its business, including revenue. More importantly, its streaming business has been costly. It lost $1.5 billion in the quarter, compared to a... + full article



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