LightShed's Greenfield on Disney Subscriber Miss

02:44pm, Thursday, 11'th May 2023
LightShed Partners Media and Technology Analyst and Partner Rich Greenfield joins Caroline Hyde and Ed Ludlow to discuss Disney's quarterly earnings results and the streaming wars between Disney, Warn
Walt Disney Co.'s disappointing results on Wednesday revealed ongoing issues with its streaming business, providing further evidence of how the streaming wars and the fight for consumers are now makin
Media giants Paramount, Comcast, Warner Bros. Discovery, and Disney are struggling to grow their audiences profitably.
Disney is the DJIA's worst performer today with shares down over 8% after reporting fiscal second quarter earnings that were mixed and a bit messy as the company and industry reset.
I'm seeing some much-needed improvements.
Last year, investors didn't like the rising losses caused by its spending on content. Now, they don't like how efforts to control that cost are hurting subscribership.
Yahoo Finance's Rachelle Akuffo discusses the decline of Disney shares and Paramount job cuts due to profit pressures and low subscriptions.
Revenue from Disney parks, experiences, and products of $7.8 billion for the quarter beat analysts' estimates, even streaming subscriptions disappointed.
Disney+ and Hulu are planning to join their content together into a single app after both services reported a drop in subscribers. The two digital streaming services, which are both owned by the The W
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Alan Gould, Loop Capital analyst, joins 'Squawk on the Street' to discuss the Disney's latest quarter and more.

Disney Stock Plunges Again; Is There Value Here?

10:52am, Thursday, 11'th May 2023
Shares of The Walt Disney Company ( DIS , Financial) plunged nearly 5% on Wednesday's after-hours session of trade following the release of a mixed bag of results. Undoubtedly, the woes for the House
Put traders are targeting Walt Disney Co   (NYSE:DIS) stock after earnings, with 129,000 bearish bets traded already today, which amounts to 10 times the intraday average amount.
The company, which posted profit and revenue for the period that were in line with Wall Street estimates, reported a loss of 4 million Disney+ subscribers.
Consumers love streaming content, but even the biggest of media companies are still struggling to make that trend work financially.
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