Walt Disney’s streaming discount look excessive jennifersaba
Walt Disney on May 8 reported that revenue rose 3 percent year-over-year in the quarter ended March 30, to $14.9 billion. Net income from continuing operations was $5.4 billion, compared with $2.9 billion in the same period last year. On March 20, the company acquired entertainment and international assets of Twenty-First Century Fox.
Disney unveiled its plans for its forthcoming video-streaming products, including Disney Plus, on April 11.
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