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Zenger
Zenger
Entertainment
Chris Katje

Disney+ Hits 164.2 Million Subscribers As It Plans For Price Hike

Disney store windows seen decorated with rainbow colors at the Oxford Circus in London. The company had reported earnings of 30 cents per share, missing the mark of 56 cents per share. (SOPA IMAGES VIA BENZINGA)
General views of Sleeping Beauty Castle at Disneyland on August 14, 2022, in Anaheim, California. The Walt Disney Company revenue is down 3% from the prior year in the media and entertainment segment. (AARONP/BAUER-GRIFFIN VIA BENZINGA)

Media giant The Walt Disney Company (NYSE: DIS) reported fourth-quarter and full-year financial results after market close Tuesday. The company reported fourth-quarter earnings per share of 30 cents, missing a Street estimate of 56 cents per share. The company is currently planning to add advertisements to its Disney+ streaming service. 

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