Disney reports strong streaming subscriber numbers, warns of Covid impact on parks in Asia


Source: freeamericanetwork.com freeamericanetwork.com

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In this photo illustration a close-up of a hand holding a TV remote control seen displayed in front of the Disney+ logo. Thiago Prudencio | SOPA Images | LightRocket | Getty Images Disney reported higher-than-expected streaming subscriber growth on Wednesday, but warned that it is still seeing the impact of Covid on its theme parks in Asia. Shares of Disney fell more than 2% in after-hours trading. The stock move comes after the company’s shares hit a 52-week low of $104.79 earlier Wednesday. Disney reported that total Disney+ subscriptions rose to 137.7 million during the fiscal second quarter, higher than...