Disney Reports Mixed Results with Streaming, Parks
Reading
Disney's last three months had good and bad parts. The cable TV and movies did not do as well as hoped. But the streaming services and theme parks did better than expected for them.
Disney and YouTube are trying to make a new deal. Some Disney channels are not on YouTube TV now. People who watch YouTube TV cannot see ESPN during football games.
Disney made $1.31 billion in the last three months. In the same time last year, it made $460 million. The company made more money than experts thought they would make.
The money from movies and streaming went down a little. But the money from theme parks went up a little. The money from cable TV channels went down a lot because of one big deal.
More people are using Disney+ to watch shows and movies. Disney+ now has 132 million users. Disney expects to make more money in the next few years and pay more money to people who own shares.
Questions
How did Disney's cable TV and movies perform?
They did not do as well as hoped.
How much money did Disney make in the last three months?
$1.31 billion.
How many users does Disney+ have now?
Disney+ now has 132 million users.
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