Disney Reports Subscribers to Disney+ Soared to 26.5 Million Last Quarter
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The video discusses Disney's impressive growth in Disney Plus subscribers, which has positively impacted its stock. The company's strategic pivot to streaming has been executed flawlessly, achieving 26.5 million subscribers in just seven weeks. However, the high costs of content production pose profitability challenges. Additionally, the coronavirus outbreak affects Disney's Parks division, particularly in Asia, leading to potential financial impacts.
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OPEN ENDED QUESTION
3 mins • 1 pt
How does the subscriber growth of Disney Plus compare to that of Netflix?
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What was the impact of the coronavirus on Disney's Parks division?
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