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Disney+ Just Hit 2 Big Roadblocks

TheMotleyFool

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At first, it seemed like Disney (NYSE: DIS) could do no wrong when it came to its Disney+ streaming video offering. The service attracted more than 10 million subscribers by the end of its first day of programming when it debuted on Nov. 12, 2019.

Those numbers continued to skyrocket. Just five months later, the tally had grown to 50 million. Disney+ ended its first year of operation with 73.7 million paying subscribers. And it closed out the company's fiscal 2021 third quarter on July 3 with 116 million subscribers.

Now, however, Disney+ is facing several headwinds that are slowing its growth.

Source Fool.com

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