Disney In China
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Disney+ Grows to Nearly 138 Million Subscribers, Even as Profit Slips Despite Return to Parks
Disney reported net income of $470 million (about Rs. 3,645 crore) at the end of Q2 2022, just over half of the $912 million (about Rs. 7,075 crore) profit it made in Q2 2021. Disney+ gained 7.9 million subscribers to hit 137.7 million. When adding in subscriptions to Disney's streaming services Hulu and ESPN+, the overall number tops 205 million.
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Disney Works Its Magic On New Shanghai Theme Park
The Magic Kingdom comes to the Middle Kingdom this week when Disney opens its first theme park in mainland China, betting the growing middle class will spend big on leisure despite a slowing economy.
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Disney+ Grows to Nearly 138 Million Subscribers, Even as Profit Slips Despite Return to Parks
Disney reported net income of $470 million (about Rs. 3,645 crore) at the end of Q2 2022, just over half of the $912 million (about Rs. 7,075 crore) profit it made in Q2 2021. Disney+ gained 7.9 million subscribers to hit 137.7 million. When adding in subscriptions to Disney's streaming services Hulu and ESPN+, the overall number tops 205 million.
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Disney Works Its Magic On New Shanghai Theme Park
The Magic Kingdom comes to the Middle Kingdom this week when Disney opens its first theme park in mainland China, betting the growing middle class will spend big on leisure despite a slowing economy.
