Disney's Q4 Results Narrow Streaming Losses to $387 Million

Disney's Q4 Results Narrow Streaming Losses to $387 Million

Disney's Q4 Results , Narrow Streaming Losses , to $387 Million.br 'Variety' reports that Disney+ exceeded br 150 million streaming subscriptions br in Q4, up from 146.7 million in Q3.br On November 8, Disney reported that br Core Disney+ subscriptions had hit 112.6 million, br while India's Disney+ Hotstar reached 37.6 million.br Despite this, Disney's overall streaming br business saw Q4 losses of $387 million.br Our results this quarter br reflect the significant progress br we’ve made over the past year, Bob Iger, Disney CEO, via 'Variety'.br While we still have work to do, br these efforts have allowed us br to move beyond this period br of fixing and begin building br our businesses again, Bob Iger, Disney CEO, via 'Variety'.br On November 8, stock in Disney br closed at $84.49 per share. .br 'Variety' reports that Disney CEO Bob Iger is scheduled br to host a conference call with other Disney br executives to discuss Q4 results in greater detail.br We have a solid foundation of creative br excellence and innovation built over br the past century, which has only beenbr reinforced by the important restructuring br and cost efficiency work we’ve done br this year, and we’re on track to achieve br roughly $7.5 billion in cost reductions. , Bob Iger, Disney CEO, via 'Variety'.br Combined with our portfolio of valuable br businesses, brands and assets – and the br way we manage them together – Disney br has a strong hand that differentiates br us from others in our industry, Bob Iger, Disney CEO, via 'Variety'.br Iger went on to state that Disney will strive br to "create lasting growth and increase br shareholder value" with "purpose and urgency.


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Uploaded: 2023-11-09

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