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re: Disney's most putrid racialized and delusional piece of "entertainment" yet.
Posted on 2/8/23 at 3:43 pm to Cash
Posted on 2/8/23 at 3:43 pm to Cash
quote:
Disney+ lost 2.4 million subscribers in q4 of 2022. Yeah, they are doing just fine. Stay woke
From your link:
quote:
According to Deadline, there was a 3.8 million subscriber drop for Disney+ Hotstar (India and parts of Southeast Asia) alone, while Disney+, Hulu, and ESPN+ gained subscribers in the U.S. and Canada.
From the link in your link (Deadline):
quote:
Overall, Disney posted revenue of $23.51 billion (up 8%) and adjusted earnings per share of 99 cents for the quarter ended Dec. 31, 2022 (Disney’s Q1 of fiscal year 2023). That beat analyst consensus estimates of $23.37 billion and 78 cents, respectively
quote:
On the earnings beat, Disney shares were up over 3% in after-hours trading.
2
Posted on 2/8/23 at 3:57 pm to Green Chili Tiger
quote:
Green Chili Tiger
Just so we're on the same page, Disney stock is still down 14% YOY despite being up 28% in the last month and 9.5% in after hours trading TODAY.
Wouldn't be using the Disney stock performance as a flex, just saying.
Posted on 2/8/23 at 5:39 pm to Green Chili Tiger
Disney to lay off 7,000 workers in major revamp by CEO Iger
quote:
LOS ANGELES, Feb 8 (Reuters) - Walt Disney Co (DIS.N) on Wednesday announced a sweeping restructuring under recently reinstated CEO Bob Iger, cutting 7,000 jobs as part of an effort to save $5.5 billion in costs and make its streaming business profitable. The layoffs represent an estimated 3.6% of Disney's global workforce. Shares of Disney rose 4.7% to $117.22 in after-hours trading.
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