Contrary to how Disney stock dropped last month after Netflix announced mediocre subscriber growth in their Q1 report, $DIS has skyrocketed in the after-hours as their report went live. With profits exceeding expectations and Disney+ adding 11.8 million subscribers last quarter, investors were clearly happy with the results. Stock has risen by over 11% since … Read more
In the first quarter of 2022, Disney+ gained 11.8 million subscribers amid fears that the streaming bubble had popped. After Netflix reported low growth, Disney stock dropped as investors feared the same news from Disney+. However, Disney+ saw subscribers beyond expectations. The service now boasts 129 million subscriptions, with 196.4 million across all platforms. Analysts … Read more
According to a report by Variety, Disney will increase its content budget by $8 billion in fiscal year 2022, making the content budget line item $33 billion. The increase came to light after Disney filed its annual report with the Securities and Exchange Commission. Disney intends to gain a further foothold in the streaming market … Read more
As Disney+ subscriber growth slows, Disney is looking at ways to expand its audience. Promotions like Disney+ Day may provide a short-term bump in viewership. A possible long-term solution is causing friction inside Disney management. According to media blogger Dylan Byers, leadership is discussing whether to add content for mature audiences to Disney+. This would … Read more
We bring you a lot of stories every single day. Sometimes it’s hard to keep up. So in case you missed anything from our feed, we have rounded up all our stories in one place to get the news at a glance. Here is your Daily Recap for Wednesday, November 10, 2021. Walt Disney World … Read more
For Disney+ Day on November 12, 2021, Disney+ subscribers are invited with their travel party to enter the theme parks at the Walt Disney World Resort 30 minutes before the parks open. Of course, Walt Disney World Resort hotel guests have been receiving this benefit since September with the new Early Entry offering, but don’t … Read more
In celebration of Disney+ Day, Disney+ subscribers with a valid ticket or pass and theme park reservation on November 12 will enjoy special benefits across Disney theme parks, with some surprises in store as well. Disney+ subscribers are invited with their travel party to enter the theme parks at the Walt Disney World Resort and … Read more
We bring you a lot of stories every single day. Sometimes it’s hard to keep up. So in case you missed anything from our feed, we have rounded up all our stories in one place to get the news at a glance. Here is your Daily Recap for Monday, October 18, 2021. Walt Disney World … Read more
Despite the recent addition of new series like “Loki” and Marvel’s “What If…?”, Disney+ subscription rates are slowing. The slowing demand has caused Disney stock (NYSE:DIS) to drop. The stock closed at $171.41, down 3.01% today. According to a release from Schaeffer’s Investment Research, Inc., Barclays downgraded Disney stock, cutting its target price to $175 … Read more
We bring you a lot of stories every single day. Sometimes it’s hard to keep up. So in case you missed anything from our feed, we have rounded up all our stories in one place to get the news at a glance. Here is your Daily Recap for Thursday, August 12, 2021. Walt Disney World … Read more
We bring you a lot of stories every single day. Sometimes it’s hard to keep up. So in case you missed anything from our feed, we have rounded up all our stories in one place to get the news at a glance. Here is your Daily Recap for Sunday, July 4, 2021. From all of … Read more