About: http://data.cimple.eu/news-article/faa45dd7def0c6efeef0eb8fb336f0d925acfafaf149c9bbc74d4894

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About: http://data.cimple.eu/news-article/faa45dd7def0c6efeef0eb8fb336f0d925acfafaf149c9bbc74d4894 Goto Sponge NotDistinct Permalink

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rdf:type	schema:NewsArticle
schema:articleBody	The Walt Disney Company on Thursday said it was seeing "encouraging signs of recovery" across a wide range of its businesses while its streaming television service grew slower than expected in the recently ended quarter. The streaming TV service Disney+ ended the quarter with nearly 104 million subscribers, fewer than expected but still part of a stable of "direct-to-consumer" services that saw audiences swell as people turned to the internet for entertainment because of the pandemic. Disney said that it was seeing positive signs across its operations including parks, cruises, and resorts which took the hardest hit from Covid-19. "We're pleased to see more encouraging signs of recovery across our businesses, and we remain focused on ramping up our operations while also fueling long-term growth for the company," Disney chief executive Bob Chapek said in the earnings release. "This is clearly reflected in the reopening of our theme parks and resorts, increased production at our studios, the continued success of our streaming services." Disney reported revenue of $15.6 billion, down 13 percent from the same period a year earlier. Net income for the company was reported at $901 million. Shares in the Los Angeles-based entertainment giant were down four percent in after-market trades that followed release of the earnings figures. gc/rl
schema:headline	Disney sees positive signs for business as streaming growth cools
schema:mentions	Bob Chapek The Walt Disney Company Pandemic Coronavirus disease 2019 Over-the-top media service Streaming television Net income
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2021-05-13 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	negative sentiment
http://data.cimple...readability_score	82 (xsd:integer)
http://data.cimple...tology#hasEmotion	happiness

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