Today news
The same in other media
Disney CEO Bob Chapek Says Covid Shutdowns Reduced Streaming Content Available In Q4; Warns Wall Street, Subscriber Growth “Not A Straight Line”
Reading now: 580
deadline.comWalt Disney chief executive Bob Chapek said the company’s global net paid subscribers will rise “by low single-digit millions” for its current fiscal fourth quarter from the third — meaning slower growth — and put Wall Street on notice that long-term targets are still on track but they shouldn’t assume growth will be a straight line.“A quarter-to-quarter business is not linear,” he told a media conference Tuesday. “That’s something where we’re not exactly aligned with the Street.”“Investors take last December and say, ‘Oh, they want to get to 230 or 260 or whatever the number, and they divide it by the number of quarters and say, ‘They need to add ‘X’ per quarter. [But] these numbers tend to be a lot noisier than a straight line
The website meaws.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
10.02 / 02:11
10.02 / 02:11
10.02 / 01:43
10.02 / 00:43
10.02 / 00:05
09.02 / 23:54
09.02 / 23:53
09.02 / 23:29
09.02 / 22:59
09.02 / 22:55
09.02 / 22:21
09.02 / 21:33
09.02 / 21:27
09.02 / 21:10
09.02 / 21:05
09.02 / 20:57
09.02 / 20:01
09.02 / 19:38
09.02 / 19:07
09.02 / 19:05
09.02 / 18:53
09.02 / 18:21
