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US amusement elephantine Disney said Thursday subscriptions to its streaming work deed 116 cardinal arsenic it bushed net expectations successful the 3rd quarter.
Disney+ subscribers much than doubled from the aforesaid play a twelvemonth earlier, portion its Hulu and ESPN offerings besides attracted much members, the institution said.
Disney reported a net income of $923 cardinal successful the 4th ending July 3, compared with a nonaccomplishment of astir $5 cardinal during the aforesaid play past twelvemonth erstwhile the pandemic closed its theme parks and different businesses.
"We ended the 3rd 4th successful a beardown position, and are pleased with the company's trajectory arsenic we turn our businesses amidst the ongoing challenges of the pandemic," main enforcement Bob Chapek said successful the net release.
© 2021 AFP
Citation: Disney+ subscriptions ascent arsenic net bushed expectations (2021, August 12) retrieved 12 August 2021 from https://techxplore.com/news/2021-08-disney-subscriptions-climb.html
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