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The Independent UK
The Independent UK
National
Michelle Chapman and Barbara Ortutay

Disney posts higher second-quarter earnings and revenue thanks to strong theme parks business

Copyright 2022 The Associated Press. All rights reserved.

Ongoing strength at its theme parks and an improving streaming business propelled The Walt Disney Co. to higher profits and revenue in its fiscal second quarter.

But the company lost 4 million streaming subscribers to its Disney+ service and its shares fell 4.5% in after-hours trading.

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