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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

How NASA Plans to Build a Base on the Moon

NASA Administrator Jared Isaacman is laying out the ground work for building a new base on the moon. He says it will be done in phases, and infrastructure will be waiting for the astronauts who land there in 2028. He speaks on “Bloomberg Tech.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube:  …

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NASA Administrator Jared Isaacman is laying out the ground work for building a new base on the moon. He says it will be done in phases, and infrastructure will be waiting for the astronauts who land there in 2028. He speaks on “Bloomberg Tech.”
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SK Hynix, Micron Join $1 Trillion Market Cap Club | Bloomberg Tech 5/27/2026

Bloomberg’s Caroline Hyde and Ed Ludlow discuss Micron and SK Hynix joining the $1 trillion market cap club and seeing continued momentum. Plus, Taiwanese prosecutors suspect three individuals of smuggling Nvidia chips to China through Japan. And, XPRIZE founder and early SpaceX investor Peter Diamandis joins to discuss SpaceX’s IPO as the company celebrates a…

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Bloomberg’s Caroline Hyde and Ed Ludlow discuss Micron and SK Hynix joining the $1 trillion market cap club and seeing continued momentum. Plus, Taiwanese prosecutors suspect three individuals of smuggling Nvidia chips to China through Japan. And, XPRIZE founder and early SpaceX investor Peter Diamandis joins to discuss SpaceX’s IPO as the company celebrates a major Starship milestone.

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NASA Expects Permanent Base on Moon by Early 2030s

NASA Administrator Jared Isaacman talks about the agency’s plans for the moon. He expects a permanent base to be on the moon by the early 2030s. Next year, he says robots and rovers will be heading there on a monthly basis ahead of astronauts. He speaks on “Bloomberg Tech.” ——– Like this video? Subscribe to…

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NASA Administrator Jared Isaacman talks about the agency’s plans for the moon. He expects a permanent base to be on the moon by the early 2030s. Next year, he says robots and rovers will be heading there on a monthly basis ahead of astronauts. He speaks on “Bloomberg Tech.”
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