Disney's New Password Sharing Approach Is “Working Out Well For Us”, CFO Hugh Johnston Says
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Disney's efforts to limit password sharing are positively impacting subscriber growth, according to CFO Hugh Johnston.
December 09, 2024 | 8:15 pm
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POSITIVE IMPACT
Disney's strategy to curb password sharing is contributing to subscriber growth, indicating a positive impact on revenue.
The CFO's statement highlights that the new password sharing policy is effectively increasing subscriber numbers, which is likely to enhance revenue. This positive development is expected to have a favorable short-term impact on Disney's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90