Disney sees increased revenue during Q1, despite losing Disney Plus subscribers
Lower subscriber figures at Disney Plus may be attributed to higher prices, less-compelling content and an increase in competition from other platforms.
The Walt Disney Company ($DIS) is an American mass media conglomerate that owns broadcast television, cable television and radio networks; theme parks, movie studios and the Disney+ streaming app. Its properties include ABC, 21st Century Fox, FX and Disney Plus. It co-owns cable sports channel ESPN with Hearst Communications.
Lower subscriber figures at Disney Plus may be attributed to higher prices, less-compelling content and an increase in competition from other platforms.
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