Walt Disney Co. bounced back last quarter with booming theme-park and movie results that had earnings and sales soaring, superhero-like, from a pandemic-depressed slump.
However, the one Disney DIS offering that helped the entertainment giant withstand the COVID-19 pandemic’s withering effects on its other businesses, the Disney+ streaming service, may be headed the other way. When Disney announces fiscal fourth-quarter results Wednesday, expect a big slowdown in subscriber growth and lots of questions about Disney’s content…
This post was originally published on Market Watch
