Disney’s most recent earning call — for the 3rd quarter of 2022 — provided several interesting insights about The Walt Disney Company. We learned that Disney+ gained 14 million subscribers in the previous quarter, bringing the total number of subscribers to over 152 million. We also learned that revenue from the Disney parks increased by $4.3 billion. But not all of the reports were in Disney’s favor.
Although many parts of The Walt Disney Company seem to be reporting increased profits and steady demand from their respective audiences, there was one area where Disney fell short of its expectations. [Read more…]