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Disney+ Lost 700,000 Subscribers from October-December
Disney+ lost 700,000 subscribers from October-December 2024, but 'Moana 2' more than made up for it.
Wall Street expected Disney would report Q1 earnings per share (EPS) of $1.43 on $24.55 billion in revenue, per a consensus estimate compiled by Yahoo Finance. “Our results this quarter demonstrate Disney’s creative and financial strength as we advanced the strategic initiatives set in motion over the past two years,” Iger said. Specific to the reported quarter, ABC and ESPN split the spoils from “Monday Night Football.” For Disney+, holiday classics like “Home Alone” and “Hocus Pocus” charted, and November’s streaming premiere of “Deadpool & Wolverine” was a hit.
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