During today's earnings call, we learned that DisneyPlus lost 2.4 million subs during the final quarter of 2022, with CEO BobIger promising a 'significant transformation' on the way. / Disney TWDC TheWaltDisneyCompany
\nWith today's The Walt Disney Company earnings call being the first under returning CEO Bob Iger's, it all depends on how you look at things. If you're a fan of the company overall and\/or its theme parks, then today was a very good day. If you're someone who has their finger on the pulse of streaming? Well, let's just say that Disney+ has definitely seen better days.
7 billion), with operating income rising 25% , Hulu gaining 800,000 subs , and ESPN+ gaining 600,000 . Where the company suffered a substantial loss was with Disney+ Hotstar , which suffered 'a 3.8 million sequential decline' to end 2022 with 161.8 million subs. Addressing the hit in streaming, Iger promised that 'a significant transformation' was on the way.
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