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Disney streaming service continues to bleed subscribers, but earnings improve in Q3

Por: WPLG Local 10 Tech August 10, 2023

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Disney reported narrower losses on its Disney+ streaming platform in the quarter ended July 1 and boosted revenues, but also shed Disney+ subscribers for the second quarter in a row.The company, which is in the middle of a “ ,” has been working on cutting about 7,000 jobs to help save $5.5 billion across the company.Disney reported 146.1 million Disney+ customers in the quarter, a 7.4% decline from the 157.8 million it reported in the... + full article



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