INTC - Wall Street Breakfast: Disney Streaming Success

Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify. Disney streaming successShares of Disney (DIS) rose 1.6% AH on Thursday after its fiscal first-quarter earnings easily topped profit expectations, on revenues that didn't decline as much as feared. The results are the first since a divisional reorganization, which makes clear that softer declines in media and entertainment helped mitigate a huge drop in its parks and products business. Disney's streaming service, Disney+, also continues to be a big hit. It now has 94.9M paid subscribers, topping an expected 90.7M, with 8M new viewers added in December alone.Putting it in perspective: The figure means Disney has already crossed its original 90M subscriber goal for the platform, which is a number it originally expected to take four years to reach. The Mouse House has since revised that

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Wall Street Breakfast: Disney Streaming Success