Berita English News

Disney Path to Subscriber Success is Outside US; Way to Profit Less Clear

Kamis, 12 Mei 2022 | 19:44 WIB
Disney Path to Subscriber Success is Outside US; Way to Profit Less Clear

ILUSTRASI. Furious growth in customers outside the United States is not so certain to bring bumper profits for Walt Disney. REUTERS/Brendan McDermid/File Photo

Sumber: Reuters | Editor: Anastasia Lilin Yuliantina

KONTAN.CO.ID - Walt Disney Co's quarterly results show a path for signing up a quarter billion subscribers: international expansion. But furious growth in customers outside the United States is not so certain to bring bumper profits.

The stock fell nearly 5% to US$ 99,95 a share in premarket trading on Thursday, after the company reported its second quarter results below analysts' estimates, reflecting a new skepticism about the streaming business in the wake of Netflix's recent stumbles. 


Baca juga