The entertainment company Disney is beating market expectations despite a decline in subscribers for the streaming service Disney+. During the first quarter of the company's broken fiscal year, the number of paying subscribers amounted to 124.6 million compared to 125.3 million the previous quarter.
The decline is mainly attributed to decreased interest from international subscribers, while an increase was seen in the USA.
The company, which is known for its films as well as amusement parks around the world, made a profit per share of 1.76 dollars, while the market had predicted a profit of 1.45 dollars. The company's revenue of nearly 25 billion dollars was, however, in line with expectations.
