Disney+ Q2 Core Subs +6M, Core ARPU +$0.44
Portfolio Pulse from Benzinga Newsdesk
Disney+ reported a significant increase in its core subscriber base, with over 6 million new subscribers in the second quarter. Additionally, the Average Revenue Per User (ARPU) for Disney+ Core increased by 44 cents sequentially.

May 07, 2024 | 10:36 am
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Disney+ added over 6 million core subscribers in Q2, and its core ARPU increased by 44 cents, indicating strong performance and potential revenue growth.
The increase in Disney+'s core subscribers and ARPU directly impacts Disney's overall performance and revenue. The significant subscriber growth suggests expanding market presence and customer base, while the ARPU increase indicates improved monetization of its services. Both factors are positive indicators for Disney's financial health and future growth prospects, likely leading to a positive short-term impact on its stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100