Friday, 24 March, 2023

As Netflix stumbles, Disney+ subscribers surge

<p>As Netflix&#39;s clientele declined, Disney+&#39;s number of paying users soared above forecasts in the most recent quarter. Over 152M people have Disney+ subscriptions, an increase of over 31% from the same time last year. Rising theme park admission fees, which indicated recovery from the pandemic&#39;s effects on attendance, also helped Disney&#39;s bottom line. Disney&#39;s shares were up more than 6% in after-market trades that followed the release of the earnings figures.</p>