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Shares of Disney sank Thursday after the company reported disappointing subscriber growth during its fiscal second quarter. The media giant reported 103.6 million Disney+ subscribers, which fell short of Wall Street’s estimates for a total of 109 million Disney+ subs.
Variety Intelligence Platform Media Analyst & Correspondent Heidi Chung and VIP Chief Media Analyst Andrew Wallenstein discuss whether or not Disney’s subscriber slowdown is a temporary blip or a signal of more trouble ahead.
For further, in-depth analysis of the media industry, become a VIP subscriber today, and click here to access the full VIP report on what to expect from Q1 media and tech earnings.
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