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Disney Streaming Adds More Subscribers Than Expected

Walt Disney Co. reported subscriber gains for its flagship streaming service that exceeded analyst estimates. Disney finished the second quarter with 137 million subscribers, up 33% from a year ago. Geetha Ranganathan of Bloomberg Intelligence is on “Bloomberg Markets: The Close.”

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Walt Disney Co. reported subscriber gains for its flagship streaming service that exceeded analyst estimates. Disney finished the second quarter with 137 million subscribers, up 33% from a year ago. Geetha Ranganathan of Bloomberg Intelligence is on “Bloomberg Markets: The Close.”

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10 Comments

10 Comments

  1. Pablo Contesti

    May 11, 2022 at 9:27 pm

    Aaaaaaaand it’s dead.

  2. Ian Weetman

    May 11, 2022 at 9:40 pm

    It’s the only streamer that has a decent catalogue worthy of subscribing to… Even if I hold Netflix and Prime memberships as well!

  3. Lynda Korner

    May 11, 2022 at 10:18 pm

    The smart money always knew that Netflix’s woes are particular to Netflix.

    That seven-million figure is a big beat on the projections of analysts.

    They were expecting about five million to be added this quarter.

    Clearly, The Walt Disney Company should not have seen its valuation drop on the news of Netflix’s slowing and negative subscription growth.

  4. Lynda Korner

    May 11, 2022 at 10:19 pm

    Disney has the potential to make far more money from streaming than the company gets from the cable bundle in three main ways.

    The first is market share. Currently, for instance, while Disney does get the lion’s share of carriage fees from cable/satellite operators, Disney could capture more of those dollars through such things as 24-hour news channels that are based on ABC News and that are included with Disney+ (and Hulu) subscriptions.

    The second is disintermediating the relationship with customers by eliminating the cable/satellite operators and other middlemen.

    The third is the synergy that comes with other Disney businesses. Disney+ has the potential to do for The Walt Disney Company what Amazon Prime Video has done for Amazon.

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Bloomberg Technology

Hugging Face Pushes Deeper Into Robotics With MicroDuck

Hugging Face unveiled MicroDuck, the company’s new open-source robot that can walk, talk, and roller-skate. Hugging Face co-founder and Chief Science Officer Thomas Wolf discusses surging demand for robotics and open-source AI, and says the company is currently selling roughly one MicroDuck every four seconds. He also declined to comment on reports that Nvidia is…

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Hugging Face unveiled MicroDuck, the company’s new open-source robot that can walk, talk, and roller-skate. Hugging Face co-founder and Chief Science Officer Thomas Wolf discusses surging demand for robotics and open-source AI, and says the company is currently selling roughly one MicroDuck every four seconds. He also declined to comment on reports that Nvidia is nearing a roughly $13 billion deal to acquire the AI startup, while saying Hugging Face regularly receives acquisition and investment interest. He joins Ed Ludlow on “Bloomberg Tech.”
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Bloomberg Technology

Meta Settlement a ‘Pittance,’ Law Professor Says

Meta’s settlement is a “pittance” relative to the company’s profits, according to University of Virginia Law Professor Danielle Citron. She argues the bigger question is whether new protections for teenage Facebook and Instagram users will actually work, questioning a framework that relies heavily on parents to enforce limits and warning that teenagers may find ways…

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Meta’s settlement is a “pittance” relative to the company’s profits, according to University of Virginia Law Professor Danielle Citron. She argues the bigger question is whether new protections for teenage Facebook and Instagram users will actually work, questioning a framework that relies heavily on parents to enforce limits and warning that teenagers may find ways around the restrictions. She joins Ed Ludlow on “Bloomberg Tech.”
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Bloomberg Technology

Nvidia’s AI Boom, Salesforce’s Anthropic Bet | Bloomberg Tech 8/27/2026

Bloomberg’s Ed Ludlow breaks down Nvidia’s prediction of a 70% revenue growth next fiscal year, far exceeding analyst estimates. Plus, Salesforce shares jump after giving an outlook for strong revenue expansion, and deepening its ties with Anthropic. And Hugging Face comes out with its newest robot: a duck that can walk, talk and roller-skate. 00:00:00…

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Bloomberg’s Ed Ludlow breaks down Nvidia’s prediction of a 70% revenue growth next fiscal year, far exceeding analyst estimates. Plus, Salesforce shares jump after giving an outlook for strong revenue expansion, and deepening its ties with Anthropic. And Hugging Face comes out with its newest robot: a duck that can walk, talk and roller-skate.

00:00:00 – Bloomberg Tech Begins
00:01:09 – Ian King, Bloomberg News
00:03:08 – Doug Huber, Wealth Enhancement
00:09:45 – Brody Ford, Bloomberg News
00:11:55 – Mike Shepard, Bloomberg News
00:15:48 – Alexandra Levine, Bloomberg News
00:17:58 – Danielle Citron, University of Virginia Law Professor
00:25:00 – Cody Acree, Benchmark
00:29:52 – Thomas Wolf, Hugging Face
00:38:01 – Rachel Metz, Bloomberg News
00:41:49 – Robert Schiffman, Bloomberg Intelligence
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“Bloomberg Technology” is our daily news program focused exclusively on technology, innovation and the future of business hosted by Ed Ludlow from San Francisco and Caroline Hyde in New York.

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