Disney Reports Earnings Surge, Adds 14.4 Million New Disney+ Users - The Wall Street Journal
reported a 26% jump in revenue Wednesday and more new customers than expected added to its streaming service, but it lowered the bar for anticipated future growth at its Disney+ streaming service.
Chief Financial Officer Christine McCarthy on the company’s call with analysts ratcheted down its forecast for Disney+, saying it now expects to sign up between 135 million and 165 million subscribers to its core Disney+ service, and up to 80 million to its lower-cost Asian streaming service, Disney+ Hotstar, for a total range of 215 million to 245 million subscribers by September 2024.Customer Service.