A DTC Income Dip Dings Disney in Fiscal Q2


The Walt Disney Co. at Wednesday’s Closing Bell on Wall Street released its fiscal Q2 2022 financial report. And, while revenue climbed by 23%, net income and Earnings Per Share for its continuing operations sank by 48%.

Don’t look to the theme parks for reasons as to why this transpired. The answers lay within the Disney Media and Entertainment Distribution segment and, specifically, its direct-to-consumer income.

Uh, oh, Disney+.

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