In today’s briefing:
- Walt Disney Company: The HYBE Partnership
Walt Disney Company: The HYBE Partnership
- Disney delivered another all-around beat and its strong results were driven by a stellar performance at its domestic theme parks, increases in live sports viewership across its linear channels and ESPN+, and significant subscriber growth at its streaming services.
- The company had 221 million subscribers overall as of the end of the third quarter for its streaming service finally surpassing rival Netflix.
- Their results demonstrate the Walt Disney Company’s potential to power its ecosystem and explore development prospects across industries and distribution channels thanks to its distinctively diversified businesses.
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