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Walt Disney Co (NYSE:DIS)’s revenue rose 23% in the second quarter, to $19.2bn, reflecting a strong performance in domestic theme parks and growth in streaming. Group operating profit rose 50% to $3.7bn. The Media & Entertainment Distribution saw total Disney+ subscriptions rise 7.9m to 44.4m, with direct-to-consumer revenue rising 23% to $4.9bn. The average monthly revenue per […]
https://www.valuewalk.com/disney-profits-soar-as-park-gates-re-open-and-streamers-flock/