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The Independent UK
The Independent UK
National
Via AP news wire

Disney's parks rebound aids profit; Disney+ subscribers grow

Copyright 2021 The Associated Press. All rights reserved

A theme-park comeback continued to boost Disney s results in the most recent quarter. The company also added more subscribers to its Disney+ streaming service than analysts expected.

Disney had closed or limited capacity at its theme parks and suspended cruises earlier in the pandemic. Domestic parks have reopened, and revenue in that division doubled in the most recent quarter, to $7.23 billion, while profit came to $2.45 billion from a year-ago loss of $119 million, even as the omicron variant suppressed some people's travel plans COVID-19 restrictions continued to affect some international operations.

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