3 Positives from Disney's Disappointing Streaming Results
Walt Disney (NYSE: DIS) ended its second quarter with fewer than 104 million Disney+ subscribers. Wall Street was looking for about 109 million. With the streaming service at the center of Disney's biggest growth engine -- its direct-to-consumer business -- investors sent shares lower following the earnings release.
But management reaffirmed its long-term guidance for Disney+ subscriber growth, and long-term investors still have a few positives they can take away from last quarter's results. Here are three to take note of.
While Disney+ disappointed, the media company's smaller streaming services produced some solid results.
Source Fool.com
