When Disney (NYSE: DIS) reported first-quarter earnings last week, strength in streaming video helped the company deliver a surprise profit. Subscribers to Disney+, the company's flagship streaming service, came in at nearly 95 million; 21 million were added over the preceding three months alone. This means that in just over a year, Disney+ has added nearly half as many subscribers as Netflix (NASDAQ: NFLX) added in a decade.
On this clip from Motley Fool Live recorded on Feb. 12, "The Wrap" host Jason Hall and Fool.com contributor Danny Vena hit some of the highlights from Disney's results and what they mean for the future.
Source Fool.com