Money Talks

Disney eases streaming fears with strong subscriber growth


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It was a fairy tale ending to Disney's fourth quarter. The company reported a steady rise in new subscribers to Disney Plus, dispelling fears that the streaming video boom was running out. The company earned $1.06 a share in the first quarter, far higher than Wall Street's estimates of 63 cents, and up from 32 cents a year ago. The entertainment giant also reported a strong rebound from coronavirus pandemic lows at its theme parks and resorts.
Head of investment at Interactive Investor, Victoria Scholar joined us live from London.
#DisneyEarnings #DisneyPlusSubscription #DisneyThemeParks
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