Shares of Walt Disney Co. dropped the most in three months Friday after the company reported that its ESPN sports network lost 3 million subscribers in a year, reviving concerns about shrinking demand for traditional pay-TV packages and dragging down U.S. media stocks.Read full article >>

Topics:  walt disney co   espn   u.s    shares   report   subscriber   
BING NEWS:
  • Disney shares sink as streaming business falls shy of profitability
    Shares lost over ... you consider we reported peak losses only 18 months ago," Iger said in a statement. CLICK HERE TO READ MORE ON FOX BUSINESS Iger noted that Disney’s path to streaming ...
    05/7/2024 - 5:45 am | View Link
  • Walt Disney Co. shares plummet as it FAILS to hit subscriber target for Disney+ despite it finally turning a profit
    Disney stock dove more than nine percent Tuesday after the entertainment behemoth fell short on its profit outlook and Disney+ subscriber ... In Tuesday's earnings report, Disney raised its ...
    05/7/2024 - 4:26 am | View Link
  • Disney Shares Decline on Outlook Despite Path to Profit
    (Bloomberg) -- Walt Disney Co. shares tumbled ... here to read the report Earnings in Disney’s theme-park division rose to $2.29 billion in the second quarter, driven by sharply higher results ...
    05/7/2024 - 3:18 am | View Link
  • Stock Market Today: Disney Shares Down After Earnings Report
    Shares in The Walt Disney Company were also down, dropping nearly 10 percent despite better-than-expected second-quarter earnings report released before the bell Tuesday. CEO Bob Iger said the ...
    05/6/2024 - 11:02 pm | View Link
  • Why Disney Stock Dropped Sharply Despite Nearing Streaming Profit, Improved Earnings Outlook
    By Georg Szalai Global Business Editor Disney‘s latest quarterly earnings report and conference call ... but it wasn’t enough to keep its shares from dropping around 10 percent on Tuesday.
    05/6/2024 - 10:26 pm | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News