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TV Tech

George Winslow

Disney Sheds Streaming Subs, Reduces Streaming Losses

The Walt Disney Company

BURBANK, Calif.—Disney reported declines in its flagship Disney+ streaming service in Q2 of its 2023 fiscal year ending April 1, 2023 while reducing the losses from its streaming services.

Revenue slightly beat Wall Street expectations but earnings per share slightly missed. The stock down by 8.2% by 11:25 a.m. ET on May 11.

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One subscription that gives you access to news from hundreds of sites

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Texas businessman gets 13 years in federal prison as feds seize his Lamborghinis, Ferraris, Firebird and dozens more cars to pay back fraud victims

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