Disney Stock Surges On Q3 Beat As Disney+ Subscriber Growth, Parks Revenue Gains Impress

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The Street

By Martin Baccardax Disney added more than 14 million new users to its flagship streaming service over the June quarter, and unveiled price points for its new ad-supported platform planned for later this year. Walt Disney (DIS) – Get The Walt Disney Company Report posted stronger-than-expected third quarter earnings Wednesday, while adding more than $14 million new subscribers to its Disney+ streaming service, while unveiling new base price levels for its upcoming ad-supported platform. Disney said adjusted diluted earnings for the three months ending in June, the group’s fiscal third quarter,…

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