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Disney+ subscriber growth has slowed this quarter, CEO says
Published: Sept. 21, 2021 at 5:08 p.m. ET
By Erich Schwartzel
Shares fall after hours, but Chapek says choppy growth is to be expected
Subscriber growth at Walt Disney Co.’s flagship streaming service has slowed in the current quarter, Chief Executive Bob Chapek said Tuesday, a development that sent company shares falling in midday trading.
Investors should expect a subscriber increase in the “low single-digit millions” for Disney+ after the service encountered headwinds, Chapek said. In its most recent quarter, Disney+ subscriber numbers beat estimates when the service added more than 12 million subscribers, reaching 116 million......
https://www.marketwatch.com/story/disney...quote_news
![[Bild: chart.ashx?t=DIS&ty=c&ta=1&p=d&s=l]](https://charts2.finviz.com/chart.ashx?t=DIS&ty=c&ta=1&p=d&s=l)
Published: Sept. 21, 2021 at 5:08 p.m. ET
By Erich Schwartzel
Shares fall after hours, but Chapek says choppy growth is to be expected
Subscriber growth at Walt Disney Co.’s flagship streaming service has slowed in the current quarter, Chief Executive Bob Chapek said Tuesday, a development that sent company shares falling in midday trading.
Investors should expect a subscriber increase in the “low single-digit millions” for Disney+ after the service encountered headwinds, Chapek said. In its most recent quarter, Disney+ subscriber numbers beat estimates when the service added more than 12 million subscribers, reaching 116 million......
https://www.marketwatch.com/story/disney...quote_news
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