Disney Says Disney+ Added ~7M Core Subscribers In Q4
Portfolio Pulse from Benzinga Newsdesk
Disney has announced that its streaming service, Disney+, added approximately 7 million core subscribers in Q4.
November 08, 2023 | 9:06 pm
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POSITIVE IMPACT
Disney's Q4 subscriber growth for Disney+ could positively impact its stock in the short term.
The addition of 7 million subscribers to Disney+ in Q4 indicates a strong performance for the streaming service, which is a key part of Disney's business model. This could lead to increased revenues and profitability, potentially boosting investor confidence and driving up the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100