Wednesday, 10 August 2022

Disney edges past Netflix in streaming subscribers as it raises ad-free prices

Disney sees total of 221 million customers at the end of the June quarter compared to Netflix’s 220.7 million Walt Disney edged past Netflix with a total of 221 million streaming subscribers at the end of the most recent quarter and announced it will launch a Disney+ option with advertising this December. In the just-ended quarter, Disney added 14.4 million Disney+ customers, beating the consensus of 10 million expected by analysts polled by FactSet, as it released Star Wars series Obi-Wan Kenobi and Marvel’s Ms Marvel. Continue reading...
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WHAT IS BREAKOUT → RE-TEST?

Breakout: When the price breaks a support or resistance level that it has tested before and moves above or below that level. Re-...